A cybercrime syndicate known as “GreedyBear” has propelled cryptocurrency theft to an unprecedented level, stealing over $1 million from unsuspecting users through a complex web of fake wallet browser extensions, malware strains, and deceptive scam websites. Security researchers warn this represents a new era of large-scale, diversified crypto attacks, with GreedyBear leveraging advanced techniques to…
The protracted legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has come to a definitive close. Both parties have jointly requested the Second Circuit Appeals Court to dismiss their respective appeals, effectively cementing the long-awaited outcome of one of the crypto industry’s most pivotal lawsuits. This milestone resolution removes a…
Roman Storm’s remarkable rise from self-taught programmer to co-creator of Tornado Cash and now a high-profile criminal defendant captures both the promise and the peril of building in crypto’s fast-moving privacy sector. The 36-year-old developer, celebrated for his technical ingenuity, now stands at the center of a watershed court case that could redefine the legal…
Paxos, a leading crypto infrastructure provider, has agreed to a $48.5 million settlement with the New York Department of Financial Services (NYDFS) following allegations that the company failed to uphold robust anti-money laundering (AML) and Know Your Customer (KYC) standards in its partnership with Binance. The regulatory crackdown and subsequent penalty highlight intensifying scrutiny on…
The federal trial of Roman Storm, co-founder of the crypto mixing protocol Tornado Cash, entered a tense new phase this week as the jury reported continued deadlock after four days of deliberation. In a dramatic courtroom move, Judge Katherine Polk Failla delivered an Allen charge commonly called a “dynamite charge” urging jurors to reconsider their…
A crypto user has suffered a devastating $908,551 loss in an advanced phishing attack more than 15 months after unwittingly signing a malicious ERC-20 token approval. This security lapse, which allowed scammers to siphon funds in a single transaction, underlines the critical importance of routinely managing wallet permissions for anyone active in DeFi and Web3….
In a shocking revelation, Arkham Intelligence has unveiled what is now confirmed as the largest cryptocurrency hack in history a 2020 breach that resulted in the theft of 127,426 Bitcoin (BTC), worth roughly $3.5 billion at the time and a staggering $14.5 billion at current market prices. The unprecedented digital heist targeted China-based mining pool…
Leading investment manager ARK Invest, under the guidance of Cathie Wood, capitalized on the latest stock market volatility by significantly increasing its positions in top crypto sector equities Coinbase (COIN) and BitMine Immersion Technologies (BMNR). The high-profile buys, totaling $47 million, demonstrate ARK Invest’s continued confidence in the digital asset ecosystem, even as broader market…
The crypto industry saw a sharp surge in security breaches in July 2025, with cybercriminals stealing at least $142 million across 17 different attacks. According to new data from blockchain security firm PeckShield, the CoinDCX exchange suffered the month’s largest loss, highlighting a worrying trend of offchain exploits and advanced social engineering attacks targeting major…
El Salvador’s legislature has taken a landmark and contentious step, passing comprehensive constitutional reforms that allow President Nayib Bukele to seek indefinite re-election. The move, approved by a 57–3 vote with strong backing from Bukele’s New Ideas party, also extends the presidential term from five to six years and eliminates runoff voting a significant transformation…
