Blockchain security firm TRM Labs reported that Russian-language darknet marketplaces dominated crypto-linked drug transactions in 2024. … Russian darknet dominated crypto drug trade in 2024 with $1.65 billion transactionsRead more
Crime
Russia seeks legal framework for selling seized Bitcoin from criminal activity
Russia is moving closer to selling Bitcoin confiscated during criminal investigations as officials work to create … Russia seeks legal framework for selling seized Bitcoin from criminal activityRead more
UPCX halts transactions after $70 million hack exposes vulnerabilities
The crypto payments platform UPCX temporarily halted deposits and withdrawals following a security breach that may … UPCX halts transactions after $70 million hack exposes vulnerabilitiesRead more
U.K. officials have frozen nearly $7.7M worth of illicit crypto assets in one year
U.K. authorities have frozen around $7.7 million (£6 million) worth of illicit crypto assets since April … U.K. officials have frozen nearly $7.7M worth of illicit crypto assets in one yearRead more
Binance suspends staff, bans market maker to tackle insider trading and manipulation
Binance has taken firm action against internal misconduct and market irregularities linked to the Movement’s MOVE … Binance suspends staff, bans market maker to tackle insider trading and manipulationRead more
Malicious GitHub repositories deploying hidden attacks on crypto wallets
Kaspersky researchers have identified an attack vector on GitHub that uses repositories to distribute code that … Malicious GitHub repositories deploying hidden attacks on crypto walletsRead more
Gotbit founder extradited to US to face market manipulation and fraud charges
Gotbit founder Aleksei Andriunin has been extradited to the US to face charges related to market … Gotbit founder extradited to US to face market manipulation and fraud chargesRead more
FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit
The Federal Bureau of Investigation (FBI) has confirmed North Korea as the culprit behind the recent … FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from BybitRead more
Cybercriminals ditch Bitcoin for stablecoins as illicit trades potentially surpassed $51 billion in 2024 – Chainalysis
Illicit crypto transactions exceeded $51 billion in 2024, significantly higher than previous estimates due to underreporting, … Cybercriminals ditch Bitcoin for stablecoins as illicit trades potentially surpassed $51 billion in 2024 – ChainalysisRead more
Thorchain faces developer exodus amid North Korean money laundering scandal
Thorchain is experiencing a developer exodus, as hackers from Lazarus Group are using the interoperability-focused blockchain … Thorchain faces developer exodus amid North Korean money laundering scandalRead more