Search
Philippines Charges 2 Russians in $6.2 Million XRP Theft
15.7.2024
The Philippine Department of Justice (DOJ) has charged two Russian nationals with stealing PHP340 million ($6.2 million) worth of XRP cryptocurrency from a local crypto exchange. The suspects allegedly hacked Coins.ph’s system to commit the theft. The DOJ emphasized the importance...
Latam Insights: Bukele Goes Chavez Mode Against High Prices, Paraguay Strengthens Power Theft Penalties For Crypto Mining
14.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele starts combating price gouging practices in El Salvador a la Chavez, Paraguay enacts penalties of up to 10 years of jail time for power...
Paraguayan Senate Passes Law Imposing up to 10 Years of Jail Time on Crypto Miners for Electricity Theft
12.7.2024
The Paraguayan senate has passed a series of reforms that changed penalties for energy and cryptocurrency mining-related energy theft. Now, individuals and companies found to be stealing energy for cryptocurrency mining activities will face jail time for up to 10 years, while energy theft for other...
Singapore ‘not ready’ for Bitcoin ETFs, sneaky crypto mining rig importer: Asia Express
12.7.2024
Singapore isn’t in a rush to list crypto ETFs, according to SGX CEO this week as Philippines charges two over a $6M XRP hot wallet hack
Singapore ‘not ready’ for Bitcoin ETFs, sneaky crypto mining rig importer: Asia Express
12.7.2024
Singapore isn’t in a rush to list crypto ETFs, according to SGX CEO this week as Philippines charges two over a $6M XRP hot wallet hack
Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister
11.7.2024
According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods to detect unauthorized mining activity. Illegal Crypto Mining Detrimental To Malaysians Says Minister...
Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
6.7.2024
A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto...
GTA V’s Story DLC Was Canceled Because Of ‘Cash Cow’ GTA Online, Former Dev Claims
5.7.2024
As one of the best-selling video games of all time, one that has individually outsold entire video game series like Assassin’s Creed, it’s always been disappointing that Grand Theft Auto V never got story DLC. The franchise has had incredible DLC in the past, like GTA 4’s outstanding The Ballad...
Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains
3.7.2024
According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network Paused for 14 Hours Due to Massive Wallet Thefts...
$8M theft forces Bittensor network shutdown
3.7.2024
All user funds are safe following the network halt, according to Bittensor’s team
LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released
2.7.2024
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that the man has been released from jail, and the LAPD stated that...
GTA III Blew This Lord Of The Rings Actor's Mind Back In 2002
1.7.2024
Actor Dominic Monaghan wasn’t a big gamer growing up, but that all changed when he first played Rockstar’s Grand Theft Auto III on PS2. The open-world crime simulator basically blew his mind and revealed just how far games had come from Pac-Man.Read more
Investor shares story of falling victim to $100K crypto hack
28.6.2024
“I thought that my heart would stop,” said Matthias Mende as he told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker
Crypto Theft Mastermind Convicted in US for Home Invasions, Kidnappings, and Robberies
27.6.2024
A Florida man has been convicted in the United States for orchestrating an international scheme that involved violent home invasions aimed at stealing cryptocurrency. The operation targeted victims throughout the country, who were kidnapped and assaulted to gain access to their cryptocurrency...
Florida man convicted in cryptocurrency theft home invasions
26.6.2024
Remy St. Felix of West Palm Beach led violent home invasions to steal cryptocurrencies, targeting multiple states over several months
Fake ID crypto exchange sign-ups attract 2-year prison sentence
21.6.2024
Australian authorities sentenced a man who had used other people’s identities to open accounts on crypto exchanges
FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
18.6.2024
FTX's victims are seeking a court hearing to rule on their claim that all the failed crypto exchange's forfeited assets, about $8 billion, belong to its customers, not the bankruptcy estate
OKX investigates multi-million account thefts after SIM swap attacks
12.6.2024
According to SlowMist, despite the two similar phishing incidents, OKX’s two-factor authentication mechanism was not the main vulnerability point
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
12.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud
Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million
11.6.2024
The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at $22 million. Lykke stated that it had shut down the affected systems to contain the damage and assured users that their funds remained secure. Lykke Faces...