Search results for "bitcoin stolen"

March 06, 2023
Crypto Winter Didn’t Chill Fraudsters Ability to Score $20 Billion...

Even the criminals have felt the chill of the crypto winter. Kim Grauer, director of research at Chainalysis, told PYMNTS that the state of crypto-related fraud … depends on where...


February 02, 2023
Crypto Hackers Stole Billions Last Year by Targeting DeFi

Adding to the cryptocurrency sector’s 2022 woes, hackers stole $3.8 billion from crypto companies last year. This, as a new crypto crime report from blockchain intelligence platform Chainalysis found that...


February 01, 2023
Insurance’s Role in The Regulation of Web3 Through De-Risking

Government-initiated regulation alone will not necessarily be a cure-all to Web3’s problems, including the problem of consumer confidence. The availability of insurance should also have a part to play in...


January 31, 2023
Sam Bankman-Fried Allegedly Planned to Restart FTX Abroad

FTX Co-founder Gary Wang said Sam Bankman-Fried wanted to transfer funds and restart FTX abroad. That’s according to a filing made Monday (Jan. 30) by the U.S. Department of Justice (DOJ),...


January 30, 2023
Bad News for Fraudsters as US Boosts Crypto-Crime Toolkit

The U.S. Treasury Department is flexing its cryptocurrency enforcement muscles as industry attention grows. The turbulent crypto sector has historically suffered from the perception that its anonymous and decentralized technical...


January 18, 2023
Crypto Industry Continues Balancing Contagion With Cleanup Post-FTX

Crypto continues battling through a historic shock to its system, while industry lessons accumulate. In just the past two weeks alone, bitcoin (BTC) has risen 30% on the year hitting...


November 23, 2022
Partnerships Take the Guesswork out of Merchants’ Crypto Acceptance

With FTX dominating digital currency headlines and bitcoin and stablecoin prices gyrating, Daniel Escobar, chief technology officer of crypto tax service provider ZenLedger, said it’s important to look beyond the...


November 09, 2022
User Experience Must Improve for Crypto to Gain Cross-Border Payments...

Whether you’re talking about remittances sent home by migrant workers or other larger sums moving from one country to another, cross-border payments are the part of finance that crypto companies...


November 07, 2022
Feds Seize Record $3.3B in Crypto in Silk Road Fraud...

Federal authorities say they have seized a “historic” $3.36 billion in bitcoin stolen by a convicted fraudster from the Silk Road dark web marketplace. According to a Monday (Nov. 7)...