Bitcoin trading firm CEO gets 20 years for operating $200 million Ponzi scheme
The U.S. Department of Justice sentenced the CEO of a multi-level marketing and bitcoin trading firm to 20 years in prison after a conviction for wire fraud and money …
U.S. seizes $15 billion in Bitcoin linked to massive forced-labor crypto scam
The U.S. government has seized about $15 billion worth of Bitcoin connected to what prosecutors call one of the largest cryptocurrency fraud and human trafficking operations …
Cryptocurrency hackers stole $2.2 billion from platforms in 2024
$2.2 billion worth of cryptocurrency was stolen from various platforms in 2024, Chainalysis’ 2025 Crypto Crime Report has revealed. Of that sum, $1.34 billion was stolen …
Web3 and the future of data portability: Rethinking user experiences and incentives on the internet
Tech conversations are now peppered with a new, contentious buzzword: Web3, and we’re all likely to hear a lot more of it in the coming years. It’s an umbrella term for …
Crypto exchanges and their customers must protect themselves as attacks continue
Within the past several years, cryptocurrency has gone from a niche hobby to a mainstream concern. Cryptocurrencies like Bitcoin, Ethereum, and even Dogecoin have generated …
Mastercard enhances its card program for cryptocurrency wallets and exchanges
Mastercard announced it will enhance its card program for cryptocurrency wallets and exchanges, making it simpler for partners to convert cryptocurrency to traditional fiat …
Bitcoin cyber attacks surge following rising demand and increasing price of bitcoin
Phishing impersonations and business email compromise (BEC) attacks designed to steal victims’ bitcoin surged by 192% between October 2020 and May 2021, closely following the …
Organizations increasingly reluctant to pay ransomware demands
To better understand concerns about recent ransomware attacks, Menlo Security conducted a global poll on responses and reactions to ransomware. attacks. Organizations hit by …
Bitcoin Security Rectifier app aims to make Bitcoin more secure
A computer science engineer at Michigan State University has a word of advice for the millions of bitcoin owners who use smartphone apps to manage their cryptocurrency: …
Are NFTs safe? 3 things you should know before you buy
NFTs, or non-fungible tokens, have captured the attention (and wallets) of consumers and businesses around the world. This is largely in part to the big price-tag sales, such …
With more than 400,000 crypto scams created in 2020, increase of 75% predicted for 2021
The findings of a Bolster report, along with real life examples, clearly correlate the rise in crypto scams to the value and popularity of cryptocurrencies as well as the …
MatRiCT: A quantum-safe and privacy-preserving blockchain protocol
Researchers from CSIRO’s Data61 and the Monash Blockchain Technology Centre have developed the world’s most efficient blockchain protocol that is both secure against quantum …