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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Crypto exchange Coinbase says it played a “key role” in supporting a US Secret Service investigation that resulted in the seizure of $225 million linked to crypto investment scams earlier this month. On June 18, the Department of Justice filed to seize more than $225 million in crypto recovered by the Secret Service that was…
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The US Federal Reserve said it has directed its supervisors to no longer consider “reputational risk” in its oversight of banks, which the crypto industry had long argued was used to unfairly target and debank crypto firms. Industries deemed risky face significant challenges in establishing or maintaining banking relationships, and this was seen driving the…
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The shuttering of major crypto darknet marketplace Huione Guarantee has seen its users flock to at least 30 successors, with one marketplace doubling its user base since May. Huione Guarantee shut down in May after Telegram banned thousands of its associated accounts and channels. Elliptic said in a report on Monday that in the aftermath…
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Lawyers acting for the collapsed crypto exchange FTX have rebuked a $1.53 billion recovery claim from Three Arrows Capital’s liquidators, arguing the losses result from a risky trading strategy that should not be paid for by creditors. Three Arrows Capital expanded claim approved by judge 3AC liquidators initially filed a $120 million claim in FTX’s…
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Memecoins promoted by political figures like Donald Trump, lax regulations, and crypto court cases abandoned by US regulators have kicked off a crypto “crime supercycle,” say a pair of blockchain crime investigators. Blockchain investigator ZachXBT posted to X on Thursday that crypto has historically been ripe for abuse, but that has “noticeably increased since politicians…
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