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Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis


Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during...

London Crowned World’s Leading Cryptocurrency Hub, According to Study


According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....

South Korean Regulators Set to Carry out ‘Regular’ Crypto Firm Probes


South Korean financial regulators will start conducting “regular” on-site inspections at domestic crypto firms this year. And they say they will investigate not only exchanges, but also wallet operators and crypto custody-related firms. The announcement was made by the top financial regulator,...

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