Crypto giants scrap crime-fighting alliance as hackers circle
An initiative set up by some of crypto's largest companies to curb illicit activity has quietly been dissolved, at a time when crime involving digital assets continues to surge.
Cyberattackers drain money from French bank Credit Mutuel Arkea
Crédit Mutuel Arkéa said hackers stole money from it after gaining access to its computer systems, underscoring the growing cybersecurity risks for the banking sector.
Crypto dips on Democrat midterm wins, Binance hack dent optimism
LONDON/HONG KONG: Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an industry that has pushed for faster deregulation for digital assets.
Binance details US$3.6bil in net outflows after cyber theft
Binance posted a net outflow of US$3.6bil (RM14.65bil) in cryptoassets after restoring customer withdrawals on Nov 1.
Binance covers US$6bil of US$6.3bil hack loss
ABU DHABI: Binance, the world's biggest cryptocurrency exchange, says it has covered US$6bil of the US$6.3bil stolen from its platform by using company money to buy replacement tokens, after a hack that US officials said was carried out by a North Korean state-sponsored unit known as TraderTraitor.
Bitcoin stolen in Binance hack is likely ‘gone,’ Ballet says
The Bitcoin stolen in the hack of Binance's crypto exchange will probably be impossible to recover, according to Bobby Lee, founder of digital-asset hardware wallet company Ballet Global Inc.
Suspected billion-dollar Binance hack sends fear through crypto
A suspected hack impacting billions of dollars of funds on the Binance crypto exchange spurred emergency asset freezes and sent the price of digital assets tumbling.
Binance says US$2.54bil in assets frozen as it probes security incident
BINANCE, the world's largest cryptocurrency exchange, said on Thursday that $2.54 billion in crypto assets had been frozen as it investigated a potential security breach, with stablecoin issuers Circle and Tether freezing related assets.
Korea financial firms hit by more hacks as Asia breaches grow
South Korea's financial industry was hit by a second wave of cyberattacks in about a month as a series of breaches across Asia heightens concerns that artificial intelligence is making large-scale hacking easier.
Dutch crypto to face upheaval under new tax
Dutch investors will likely ditch their cryptocurrency if the asset class is carved out of a shift to a new investor-friendly wealth tax, industry groups warn.
