CoinsPaid, a crypto payment processing company with Ukrainian roots, fell a victim to a social engineering attack, thought to have emanated from Lazarus, a North Korean hacking group.
Bitget Exchange Sued by Advisor of ReelStar Token Project After the Listing Goes Sour
Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy.
Want to Mine Bitcoin at Home? DIY Bitcoiners Have Stories to Share
From an ASIC-heated swimming pool to a handmade soundproof container, these die-hards found ways to make home mining feasible, if not quite profitable.
Ukraine Has Raised $225M in Crypto to Fight Russian Invasion, but Donations Have Stagnated Over the Last Year: Crystal
Ukraine attracted over $225 million from supporters around the world, while Russian military fundraisers only scored several millions.
U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Alex Mashinsky, Attorneys Tell Judge
The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius.
Putin Signs Digital Ruble Law Making a CBDC Possible in Russia
The new law describes a legal framework for a central bank digital token
Ghost From the Well: Is Crypto Mining With Associated Gas Better for the Environment?
Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels.
ISIS Allies Used Crypto to Raise Millions: TRM Labs
Affiliates of the most notorious terrorist organization use centralized exchanges, the blockchain intel firm said.
Nexo in Court With a Co-Founder Over $12M in Missing Assets
Nexo says its former managing partner left with a hardware wallet full of the company’s crypto.
He Got Arrested in Russia for a Bitcoin Bribe. Now the Coins Are Moving to Exchanges
A criminal investigator in Moscow extorted thousands of bitcoin from the crypto hackers he arrested. Now, these coins are moving onto exchanges, Crystal Blockchain found.
Crypto Ponzi Schemes Cost Victims $7.8B in 2022: TRM Labs
Ponzi schemes dominated the crypto crime landscape in 2022, with $7.8 billion funneled from victims, blockchain analytics firm said in a new report.
Wyoming: Regulatory Clarity and Crypto-Friendly Banks Fuel Blockchain Revolution
America’s least populous state has passed three dozen laws regulating crypto. That has helped attract crypto, blockchain and Web3 employers and made the No. 7 spot in CoinDesk’s Crypto Hubs 2023 the most crypto-friendly state in an otherwise uncertain U.S. regulatory environment.
Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto
The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture the Valley’s wallets and minds.
This Is How Scammers Can Drain Your Crypto Wallet
Scammers use a variety of techniques to steal users’ money, some of which only require knowing your wallet address, a Forta Network researcher said.
Blockchain Security Firm CertiK Found an Infinite Loop Bug in Sui Network
The bug was found before Sui mainnet was live and the foundation granted a $500,000 award for the discovery.
Mining Pools Are the New Mixers For Cybercriminals: Chainalysis
Hackers have a new way to recycle their ill-gotten crypto gains.
Police in Estonia and Kazakhstan Investigate Atomic Wallet Hack
CEO Konstantin Gladych told CoinDesk Atomic is cooperating with law enforcement after a $100 million exploit of the non-custodial wallet.
‘The Industry Doesn’t Want the Answers.’ Josh Klayman on Coinbase and Binance
The crypto lawyer isn’t buying the argument that the SEC refuses to give the industry “regulatory clarity.” Chair Gary Gensler has been quite clear over the last two years about what is and what isn’t a security, she says.
Where the Mt. Gox Money Went: New Details in the BTC-e Exchange Case
Fresh court documents detail how two administrators of the now-defunct BTC-e exchange stole and laundered bitcoin from Mt.Gox, the hacked bitcoin exchange.
The Meaning of Community in Crypto Discussed at Consensus 2023
Consensus 2023 participants explored how user-focused design, cultural understanding, and gradual decentralization can drive mainstream crypto adoption