DeFi Archives - Page 7 of 31

Graph depicting crypto hack losses in 2024, highlighting the surge in access control-related exploits.

Access Control Exploits Account for Nearly 80% of Crypto Hacks in 2024

December 25, 2024 Dan K

Access control flaws caused 78% of $3B crypto hacks in 2024, targeting DeFi, CeFi, and gaming, Hacken’s report highlights emerging threats.

David Sacks discussing US Bitcoin acquisition at Bitcoin 2025 conference

Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister

December 25, 2024 Dan K

Russia is using Bitcoin and digital assets for foreign trade, bypassing sanctions. Finance Minister Siluanov confirmed these developments on Dec. 25.

Turkey implements new cryptocurrency AML regulations in 2025 to curb illicit financial activities.

Turkey Implements Stricter Crypto AML Regulations Starting February 2025

December 25, 2024 Dan K

Turkey’s crypto AML rules, effective Feb. 2025, require user identification for $425+ transactions and allow halting of risky transfers lacking info.

Jump Crypto and Securitize team up to scale real-world asset tokenization via blockchain

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

December 24, 2024 Dan K

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

Image of Rostislav Panev, accused LockBit ransomware developer, linked to cybercrime activities involving cryptocurrency.

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

December 21, 2024 Dan K

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

Ilya Lichtenstein delivers a statement from prison, addressing his role in the 2016 Bitfinex hack.

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

December 19, 2024 Dan K

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

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

ESMA Releases Final Policy Guidelines on MiCA, Effective December 30

December 17, 2024 Dan K

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 Dan K

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