Crime
Tether Supports Law Enforcement, Resulting in $12 Million Seizure from Transnational Scam Network
Quick Breakdown Tether supported a coordinated international operation led by the Royal Thai Police and the U.S. Secret Service. The...
Pig-Butchering Crypto Scams Emerge as National Security Threat, Experts Warn
The multibillion-dollar “pig-butchering” scam, once dismissed as a consumer-fraud issue, is now being flagged as a national security threat. In...
Zhimin Qian, Chinese Businesswoman, Convicted in UK’s Largest Bitcoin Fraud; Faces Jail and Asset Seizures
Quick Breakdown Standard Chartered anchors its digital finance strategy in Hong Kong to leverage fintech-friendly regulations. The bank explores blockchain,...
Cybercriminals Are Now Using AI to Create Shape-Shifting Malware, Google Warns
Google’s Threat Intelligence Group (GTIG) has reported a new wave of cyberattacks driven by artificial intelligence, revealing that both criminal...
Former Rugby League Star Trent Merrin Charged Over Alleged AUD $140,000 Crypto Theft
Quick Breakdown Former NRL player Trent Merrin is accused of stealing AUD $140,000 in cryptocurrency from another individual. Police seized...
Stream Finance Halts Withdrawals After $93M Loss; Stablecoin XUSD Plunges 50%
Quick Breakdown Stream Finance halts deposits and withdrawals after uncovering a $93M asset loss. Stablecoin XUSD depegs to $0.51, losing...
China Cracks Down on Crypto-Based Forex Scheme, Five Sentenced for Illegal Trading
Quick Breakdown Five people convicted for using cryptocurrency in illegal foreign exchange trades worth ¥1.18 billion. Beijing prosecutors highlight case...
402bridge Suffers Private Key Leak, Over 200 Users Lose USDC in Protocol Breach
Quick Breakdown GoPlus detected a suspected exploit on x402bridge, leading to $17,000 in USDC losses. The breach originated from a...
Bunni Shuts Down After $8.4 Million Exploit, Marking Another Major Setback for DeFi Security
Quick Breakdown $8.4M drained: Hackers exploited Bunni’s liquidity function to steal funds in early September. Operations halted: The team confirmed...
Radiant Capital Hacker Launders $10.8M ETH Through Tornado Cash One Year After $53M Exploit
Quick Breakdown Radiant Capital hacker laundered $10.8M ETH through Tornado Cash, a year after the $53M exploit. The attacker’s total...
