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Illicit Virtual Asset Use On The Rise, U.S. Treasury Report Reveals


The U.S. Treasury Department is seeing an increase in illicit crypto use according to a Thursday report. The department’s 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing report highlights that virtual assets are increasingly used by illicit...

Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis


Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical...

Canada Market Favors Crypto and Blockchain Investments Over Others in 2023


Although investments in Canadian fintechs slowed down in 2023, crypto and blockchain-related investments dominated the scene. KPMG’s global Pulse of Fintech report published Tuesday found that VC-backed investments comprised over three-quarters of all deals, totaling 83 transactions valued...

Solana Back Online After 5-Hour Service Disruption


Operations on the Solana network have resumed following a minor disruption on Tuesday. Commencing at 09:53 UTC, the outage persisted for some 5 hours. The Solana team said it is investigating the root cause and will soon share its report on the matter. Block production on Solana mainnet beta...

Web3 Game Developer Wemade Reports Widening Losses in Q4 2023


South Korean Web3 game developer Wemade has disclosed a significant increase in operating and net losses in the fourth quarter of last year, as per its latest earnings report. According to the report released on Tuesday, the Kosdaq-listed company’s net loss surged to 189.5 billion won ($142.6...

Inflows of US Digital Asset ETFs Hits Total of $7.7B in Four Weeks


Digital asset management funds are still on a record rise. So far, the crypto-backed investment products have recorded $7.7 billion in total inflows in the US, according to a February 6 CoinShares report on crypto-backed investment funds. CoinShares Head of Research James Butterfill shared...

Top Crypto Gainers Today on DEXTools – POP, INEDIBLE, BEBE


Top Crypto Gainers Today on DEXTools A surging US Dollar Index (DXY) and rising US government bond yields on Monday in wake of fresh hawkish commentary from the US Federal Reserve Chair Jerome Powell over the weekend and last Friday’s bumper US jobs report is capping gains in major cryptocurrencies...

Best Crypto to Buy Now February 5 – ENS, GNO, LINK


ptoA surging US Dollar Index (DXY) and rising US government bond yields on Monday in wake of fresh hawkish commentary from the US Federal Reserve Chair Jerome Powell over the weekend and last Friday’s bumper US jobs report is capping gains in major cryptocurrencies on Monday, though Ethereum Name...

Hacker Reportedly Breaches Law Enforcement Systems of Binance & Coinbase


Recent cybersecurity breaches have targeted the law enforcement request systems of prominent tech giants including Google, Meta, and TikTok, and major crypto exchanges like Binance and Coinbase. According to a report by InfoStealers, a notable rise in cybersecurity threats has led to hackers...

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