A high-profile crypto trader has accused MEXC Global of unjustly freezing more than $3.1 million in his account and is offering a $2 million bounty to rally community support for the release of the funds. The trader, who goes...
A Bitcoin investor has fallen victim to a massive social engineering scheme, losing 783 BTC—valued at roughly $91 million—in a single transaction earlier this week. Blockchain investigator ZachXBT revealed the exploit in an X post on Thursday, noting that...
Australia’s corporate watchdog is intensifying its war on online scams after removing more than 14,000 fraudulent websites since mid-2023, with thousands linked to cryptocurrencies. The Australian Securities and Investments Commission (ASIC) revealed on Thursday that over 3,000 of those...
Australia’s financial intelligence agency, AUSTRAC, has ordered Binance Australia to undergo an independent audit following concerns over the exchange’s anti-money laundering and counter-terrorism financing (AML/CTF) controls. The directive, announced on August 22, targets Investbybit Pty Ltd, Binance’s local entity...
The Securities and Exchange Commission (SEC) Nigeria has stepped up efforts to regulate the country’s fast-growing cryptocurrency market, partnering with blockchain intelligence firm Chainalysis in a webinar aimed at combating fraud and strengthening investor protection. Nigeria ranks second globally...
Blockchain intelligence firm TRM Labs has launched the Beacon Network, the first real-time crypto crime response system designed to stop illicit funds before they exit the blockchain. The initiative brings together major exchanges, stablecoin issuers, and law enforcement agencies...
In a decisive ruling from New York, a federal judge has ordered Eddy Alexandre, founder of the defunct cryptocurrency platform Eminifx, to repay more than $228 million in restitution. This judgment follows the court's determination that Eminifx operated as...
The hacker who exploited Radiant Capital’s $53 million cross-chain DeFi protocol breach in October 2024 has nearly doubled the value of the stolen funds by holding and trading Ethereum (ETH). Initially converting the entire stolen amount into 21,957 ETH...
Qubic’s community has voted to make Dogecoin its next target, just days after the group claimed majority control over the Monero blockchain. Founder Sergey Ivancheglo announced the decision on August 17, following Qubic’s controversial demonstration of a 51% attack...
North Korea’s Lazarus cybercrime group has been accused of carrying out a £17 million cryptocurrency theft from British-registered exchange Lykke, an attack described as one of the largest to hit a UK-based digital asset company. The claim was detailed...
