Wallets that siphoned Atomic users’ funds are connected to the known Lazarus group’s addresses, crypto tracing firm said.
Gary Gensler’s Evolving Position on Crypto – in Quotes
The SEC chair has gone from supporting the technology at MIT to a full-swing offensive on the crypto industry.
CoinDesk Turns 10: 2022 – How Crypto Gods Turn Into Monsters
Ledger’s PR Struggle Reveals Uncomfortable Trade-Offs for Crypto Storage
Hardware wallet maker said full open sourcing is not an option as it needs to protect the security of its chip design.
Crypto Wallet Provider Ledger Postpones Release of Key Recovery Service After Public Criticism
After criticism from the crypto community, the firm pledged to open-source the Ledger Recover code before releasing the controversial update.
Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report
The sanctions against Tornado Cash, as well as last year’s arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe.
Dash Blockchain Halts, Binance Pool Suspends Mining Rewards
The oldest privacy coin halted after a failed hard fork, the blockchain reportedly split in two
U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M
An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday.
Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts
Ledger believes the service will help attract customers turned off by crypto’s unforgiving self-custody ethos. But critics wonder whether the concept is compatible with a real hardware wallet.
Serial Phishing Scammer Uses a Mix of Laundering Techniques, Including Coin Swaps and a Mysterious OTC
Attacker behind a fake HitBTC website might have stolen $15M worth of crypto from multiple scams and phishing attacks
Payroll Startup Rise Wins CoinDesk’s 2023 Pitchfest Contest
Based in Ohio, Rise onboards employees for automatic crypto paychecks.
Crypto Exchange Binance Is Back in Russia, Lifts Restrictions on Russian Users: Report
Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions.
Russia Plans to Mine Crypto for Cross-Border Deals, Says Central Bank
Bank of Russia is planning to allow mining and using cryptocurrencies for cross-border trade, the regulator said.
Ryuk Ransomware Gang’s Crypto Broker Gets Light Sentence After a Guilty Plea
Denis Dubnikov, a founder of two OTC trading desks in Russia tied to ransomware attacks, was sentenced to no jail time and forfeiture of $2,000 last week after a guilty plea, court documents show.
Fedi Gives Bitcoiners a Community Custody Option
For most people, crypto custody comes down to the choice of holding their own keys or giving them to an exchange. Fedi offers an intriguing third way – to share the burden with trusted family and friends. That’s why Fedi is one of CoinDesk’s Projects to Watch 2023.
Sybil Millionaires: How Airdrop Hunters Trick Projects and Snatch Fortunes
They maintain multiple accounts for the same project, stay undetectable and maximize profits from airdrops like those of Arbitrum, Aptos, Sui and others. Special report by Anna Baydakova.
Bitcoin From Defunct BTC-e on the Move Again: Report
Someone is trying to cash out bitcoin from an exchange that has been inactive since the U.S. shut it down in 2017.
Regulatory Pressure Did Not Shut Down Privacy Tool, Aztec Founders Say
Despite U.S. efforts to sanction Tornado Cash and other crypto privacy tools, Aztec says it shut down its Ethereum zero-knowledge tools for “commercial” reasons.
$119M in Stolen Crypto So Far in 2023, NFT Rug Pulls on the Rise: Crystal Blockchain
DeFi protocols have been hackers’ favorite targets since 2021. Now they’re preying on NFT projects too, a blockchain intelligence firm says.
This Ukrainian Startup Is Looking to Automate Crypto Crime Reporting Using Smart Contracts, AI
HAPI Labs has launched a platform for reporting of scam- and crime-related addresses in partnership with Ukraine’s cyber police.