Losses to crypto hacks, exploits and scams spiked to $2.47 billion in the first half of 2025, but the second quarter saw a decline in the total number of hacks, says blockchain security firm CertiK. Over $800 million was lost across 144 incidents in Q2, a 52% decrease in value lost compared to the previous…
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The US Treasury has sanctioned the Russia-based Aeza Group, along with its top brass and a crypto wallet connected to the service, for allegedly hosting ransomware and info-stealers. Aeza Group, a bulletproof hosting (BPH) services provider, allegedly sells access to specialized servers and other computer infrastructure to help cyber criminals conduct ransomware campaigns and steal…
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German banking giant Sparkassen-Finanzgruppe reportedly has plans to adopt crypto trading services, giving its more than 50 million customers access to crypto trading by the summer of 2026 in a major shift for the institution. Dekabank, a bank already involved in crypto, has been tapped to manage the new crypto service through the Sparkasse app,…
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Stablecoin issuer Circle has applied to establish a national trust bank in the United States that, among other duties, would oversee the firm’s USDC reserve on behalf of its US issuer. If the application is approved by the US Office of the Comptroller of the Currency (OCC), Circle’s First National Digital Currency Bank would be…
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An unlucky trader was liquidated eight times in the last week, according to blockchain analytics service Lookonchain. The trader, under the handle Qwatio, saw a total loss of $12.5 million. In the latest liquidation on Monday, Lookonchain said Qwatio was partially liquidated for an Ether (ETH) position that was leveraged by 25X. A new liquidation price…
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Crypto private key exploits and front-end compromises have accounted for most of the $2.1 billion worth of crypto lost to attacks in the first half of 2025, says blockchain intelligence firm TRM Labs. Over 80% of crypto stolen across 75 hacks so far this year was taken in so-called infrastructure exploits, which, on average, made…
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Users across social media are dismayed after noticing Ledger, a major provider of hardware crypto wallets, announced last month it was sunsetting support for the Nano S. In the original announcement on May 30, Ledger said it was transitioning away from the Ledger Nano S, and as a result, new applications, feature submissions and app…
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GameStop shares have traded sideways despite another $450 million raise as part of its private convertible note offering for investments, which could include Bitcoin. The retailer disclosed to the US Securities and Exchange Commission on Monday that someone who opted into the initial $2.25 billion note offering has decided to purchase an additional $450 million.…
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Australian federal police said it has contacted over 90 Australians as part of a crackdown on criminal use of crypto ATMs, including pig butchering victims and suspected offenders. One of the victims was a 77-year-old widow who was scammed out of 433,000 Australian dollars ($281,947) in an online dating scam, Australia’s financial intelligence agency, AUSTRAC,…
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Norwegian deep-sea mining firm Green Minerals AS says it plans to create a Bitcoin treasury and is aiming to raise $1.2 billion to buy and hold Bitcoin long-term. Green Minerals said on Monday that the plan is part of a wider blockchain strategy that aims to diversify the company’s investments from fiat currencies and support…
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