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Nalezeno "AMI Digital Index": 12710

Digital Asset Platforms Lose a Record $2.1B in 2024, Mostly Due to Hacks


A Cyvers report reveals that centralized and decentralized digital asset platforms suffered $2.114 billion in losses in the first nine months of 2024, surpassing 2023’s total. Hacks and breaches account for the majority of these losses, emphasizing the need for enhanced security measures....

Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams


Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering...

Malicious Crypto-Stealing App Exposed on Google Play


An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate...

CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans


The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises...

CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting


In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures data suggests that a half-point reduction...

Binance Founder CZ Released From US Custody After Serving 4-Month Sentence


Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison...

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