Blockchain - Page 40 Of 77

Futuristic illustration suggesting government-level Bitcoin accumulation and strategic digital reserves

DeFi Hacks Drop 40% in 2024, CeFi Breaches Surge to $694M

December 24, 2024 Paulo

DeFi losses fall 40% in 2024 to $474M, while CeFi breaches surge to $694M. Improved DeFi protocols contrast with CeFi’s growing vulnerabilities.

Cinematic illustration of Ethereum blockchain connected to a large European financial institution building, symbolizing tokenization of a multi-billion euro fund.

California Residents Indicted in $22M Crypto Fraud Case

December 22, 2024 Paulo

California residents Gabriel Hay and Gavin Mayo indicted for a $22M crypto fraud involving NFT rugpulls and investor scams, facing decades in prison.

Digital illustration showing USDT, Bitcoin, NEXO, USDC, TRX and MON symbols surrounded by social media and data analytics elements.

Jump Crypto Subsidiary Tai Mo Shan Settles with SEC for $123 Million

December 22, 2024 Paulo

Jump Crypto’s Tai Mo Shan settles with SEC for $123M over misleading TerraUSD stability claims, spotlighting stablecoin risks and regulatory impact.

US Charges Developer Linked to LockBit Ransomware Group, Paid in Crypto

December 21, 2024 Paulo

The US DOJ charged Rostislav Panev for creating ransomware tools for LockBit, earning $230K in crypto. Arrested in Israel, he awaits US extradition.

Cinematic illustration of a large-scale Bitcoin mining operation in the United States powered by advanced infrastructure

Bitfinex Hacker Speaks Out After Sentencing: Ilya Lichtenstein Takes Full Responsibility

December 19, 2024 Paulo

Bitfinex hacker Ilya Lichtenstein speaks out from prison, taking full blame for the 2016 Bitcoin heist and absolving wife Heather Morgan of involvement.

Namada Proposal Seeks Approval for NAM Airdrop to Coin Center Donors

December 18, 2024 Paulo

Namada proposes a NAM airdrop to Coin Center donors, funding advocacy efforts. 1–2M tokens, 2-4% of PGF budget, could be allocated in 3 weeks.

BaFin building in Germany, symbolizing closure of Ethena GmbH’s USDe case

US Treasury and UAE Crack Down on North Korean Crypto Laundering Network

December 18, 2024 Paulo

US and UAE crack down on North Korean crypto laundering. Sanctions hit two Chinese nationals and a UAE firm aiding DPRK’s weapons and WMD funding.

European Securities and Markets Authority building representing MiCA regulation guidelines release.

ESMA Releases Final Policy Guidelines on MiCA, Effective December 30

December 17, 2024 Paulo

ESMA unveils final MiCA guidelines, addressing crypto market abuse, investor protection, and operational resilience across the EU. Effective Dec 30, 2024.

European MP Sarah Knafo speaking against the digital euro and supporting Bitcoin reserves.

European MP Rejects CBDC, Advocates for Strategic Bitcoin Reserve

December 17, 2024 Paulo

European MP Sarah Knafo rejects the digital euro, calling it a “totalitarian temptation,” and advocates for a Bitcoin reserve to safeguard financial freedom.

ZkLend blockchain protocol exploited for $9.5M on Starknet network, with stolen funds bridged to Ethereum and laundered via Railgun.

Major Implications for Gaming Tokens as CyberKongz Hit with SEC Wells Notice

December 17, 2024 Paulo

SEC’s Wells notice to CyberKongz raises fears over gaming tokens’ future as Web3 platform vows to fight back against potential enforcement action.