More than $2.1 billion worth of cryptocurrency was stolen in the first half of 2025, driven largely by private key exploits and front-end compromises, according to a new report from blockchain intelligence firm TRM Labs. The report, released Thursday,...
Michael Zidell has filed a lawsuit against Citibank in a Manhattan federal court, accusing the bank of ignoring warning signs that enabled scammers to steal $20 million through a crypto romance scam. Zidell claims Citibank “turned a blind eye”...
Authorities in South Korea have uncovered a massive illegal money exchange operation involving over $680 million in unregistered foreign currency transactions, primarily funneled through crypto-linked digital platforms such as Neteller Pay. In a statement released on June 26, the...
Seattle-based crypto ATM provider Coinme has been hit with a $300,000 penalty for breaching California’s daily crypto transaction limits and failing to comply with disclosure rules at its kiosks, marking the state’s first regulatory action under its new Digital...
The attacker behind the $12 million exploit of Cork Protocol in May has resurfaced, sparking fresh concerns over fund recovery efforts as they launder millions through Tornado Cash and make a surprising public donation. On Wednesday, June 25, blockchain...
In one of the largest crypto asset recoveries in U.S. law enforcement history, Coinbase has played a pivotal role in helping the U.S. Secret Service trace and reclaim $225 million in Tether (USDT) linked to widespread "pig butchering" scams....
Artificial intelligence (AI) has revolutionized various industries, including finance, marketing, and cybersecurity. However, it has also become a powerful tool for cybercriminals. AI-driven deepfake technology is increasingly being used to orchestrate fraudulent schemes, particularly in the cryptocurrency space. These...
Tether CEO Paolo Ardoino has unveiled PearPass, an entirely local, open-source password manager built to function without cloud infrastructure. The announcement, made on X, comes in response to growing alarm over centralized data vulnerabilities. “The cloud has failed us....
Chainalysis, a leading blockchain intelligence firm, has confirmed that the recent exploit of Nobitex, Iran’s largest cryptocurrency exchange, was politically motivated. More than $90 million worth of digital assets were drained in the incident, which the firm attributes to...
Iran’s leading cryptocurrency exchange, Nobitex, has suffered a major security breach that resulted in the loss of tens of millions of dollars in digital assets—an incident that may mark a new front in the escalating conflict between Iran and...
