Taiwan is set for special crypto legislation with its ranking financial regulator - Financial Supervisory Commission (FSC), tasked with oversight and enforcement duties. News of the looming enactment of crypto…
Monkey Drainer, the 'scam as a service' provider, is shutting down shop. The criminal enterprise gained notoriety last year after its involvement in some high-profile thefts, the most notable of…
The Security and Futures Commission (SFC) in Hong Kong has initiated a public consultation on its new proposal for a licensing regime for cryptocurrency exchanges, which is anticipated to be…
The US SEC (Securities and Exchange Commission) has filed charges against the hacker behind the 2022 multimillion-dollar exploit on Mango Markets. The SEC's filing follows similar actions taken by the…
The DoJ's enforcement action against Bitzlato marks an essential milestone in the fight against crypto crime. It is the latest in a series of initiatives by the US government to…
The SEC scrutinizes Mango exploiter Eisenberg for potential Commodity Exchange Act (CEA) breaches. In a report issued earlier this week, Commissioner Kristin Johnson of the CFTC confirmed the SEC's probe…
Last month, the famous crypto exchange, FTX, filed for bankruptcy, leaving several users stranded. The FTX CEO reportedly misused investors' funds. Meanwhile, several scammers have capitalized on the opportunity. They…
As businesses spend a lot of money bolstering their security, so do bad guys who use cutting-edge technology to achieve their goals. According to multiple news sources, fraudsters entered NIO…
According to Jewel Bank founder and chairman Chance Barnett, institutions in Bermuda will have access to real-time transactions using the stablecoin pegged to the US dollar. The first stablecoin to…
After the collapse of Terraform Labs, $49 billion of investors’ funds vanished into thin air. Considering the scale of the event, it was enough to shatter the faith of even…
Hackers’ Strategic Shift Hacking is like cancer which has been slowly eating traditional as well as non-traditional markets of the world. But the major victim of this cancer is online…
Infamous for one of the largest crypto frauds to happen in recent memory, the trading platform Celsius was one of the biggest players in the game. Before filing for bankruptcy…
The recent massive plummet had WAVES beneath a crucial support floor, and the alt risks further downswings. Waves (WAVES) lost over 50% in April. The alt might witness more…
The global cryptocurrency market capitalization dropped nearly 2% towards $1.78 trillion. Contrarily, the overall market volume gained over 31% to hover at $70.68 billion. The crypto market hovers with…
BitMax, now called AscendEX, suffered a terrible hack on Saturday. The hacking led to an estimated loss of USD 78 million in digital assets. Now, the rebranded company wants to…
Ransomware assaults are on the rise, with the number of individuals working from home expected to reach an all-time high by April 2021, according to statistics. With its popularity on…
In Australia, the most reported fraud was scams during this year’s first half. Locals were deprived of nearly $25M following their victimization by the fraudulent schemes. The majority of the…