Quick Breakdown: Crypto trader “White Whale” says MEXC froze his $3.1 million and urged him to fly to Malaysia for in-person KYC, despite already completing verification online. He launched a $2 million pressure campaign, offering rewards via NFTs and...
A crypto wallet flagged by blockchain security analysts as the “Coinbase hacker” has splashed $8 million on Solana (SOL), only to take an immediate hit as prices fell. Data from Lookonchain shows the wallet swapped DAI for USDC before...
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...
