A joint investigation by Chainalysis, a crypto analytics firm, and International Justice Mission (IJM), an anti-slavery group, has uncovered a disturbing crypto scam operating out of Myanmar. The investigation alleges that a single company in Myanmar raked in a staggering $100 million over two years through a scheme known as “pig butchering,” the Financial Times […]
2023 was a critical year in the always changing world of cryptocurrency, as hackers pulled off heists worth about $2 billion. According to De.FI, a Web3 security company that manages the REKT database, this amount is still significant, but it represents a substantial drop from the record $3.8 billion reported the year before. Crypto Heists […]
In a recent report by the Australian Financial Review, it has been revealed that Animoca Brands, a blockchain-based gaming business formerly listed on the Australian Securities Exchange (ASX), is among several cryptocurrency companies being targeted by a $500 million fund. The fund, known as C1 Fund, reportedly specializes in acquiring secondary shares at significant discounts […]
The crypto market remains a hotbed of activity amidst regulatory uncertainties and evolving market dynamics. Despite recent fluctuations and the complex regulatory landscape, North America continues to hold its ground as a dominant player in the global digital currency market, albeit with some nuanced changes. Amidst the seemingly turbulent atmosphere of regulatory uncertainties and oscillating […]
March witnessed a series of bank failures that have had ramifications for institutional crypto trading, putting a damper on what was once considered a bustling market space. According to the latest insights from the blockchain intelligence platform Chainalysis, concerning North America, the fallout from these bank closures has been far-reaching, impacting the pace and volume […]