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Crypto Companies Fined $5.8 Billion In 2023, TradFi Less Than $900 Million


Source: Pixabay Crypto companies received more fines for poor money controls than traditional financial firms for the first time ever in 2023, according to data compiled by the Financial Times. In fact, the penalties were hardly comparable. Whereas crypto companies lost $5.8 billion for inadequate...

New Prince of Persia Will Be 60fps (Or More) On All Platforms, Even Switch


The upcoming 2D Prince of Persia reboot from Ubisoft not only looks good, but it also has excellent performance. According to Ubisoft, Prince of Persia: The Lost Crown will run at 60fps on all platforms, including the Switch, and will also support 4K/120fps on some consoles, too. After a string...

$1.8 Billion Cryptos Lost Across 751 Security Breaches in 2023: CertiK report


Source: Pixabay/Werner Moser 2023 saw a 51% decline in the digital assets lost to hacks, scams and exploits than that of 2022. However, a staggering $1.84 billion in cryptocurrencies were lost across 751 security breaches in 2023, blockchain security firm CertiK reveals. The 2023 “Hack3d” report...

Crypto Scammers Swipe $123K in stETH from Nest Wallet Founder in Fake Airdrop


The Nest Wallet founder has lost his life savings in an elaborate fake crypto airdrop scam. Image by Kerem Goktug Kaya, DALL-E 3. In a sobering reminder of the prevalence of cryptocurrency scams, Nest Wallet co-founder Bill Lou revealed on Tuesday he fell victim to an elaborate fake airdrop scheme...

South Korean Exchange Searches for ‘Lost’ Owners of $206M Worth of Crypto


Source: Paweł Michałowski/Adobe The South Korean crypto exchange Bithumb says it wants to find the “dormant” owners of $206 million worth of coins, including Bitcoin (BTC), Ethereum (ETH), and XRP. Per Chosun Ilbo, Bithumb said it was launching a “campaign” to help remind users with seizable crypto...

Reports State at Least $1.7B Was Lost in Hacks and Exploits During 2023


Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $1.7 billion, while De.fi, another Web3 security firm, states that...

Record Losses in Web3 May Be Coming as Crypto Prices Rise – Immunefi


Source: AdobeStock / Andy Dean Major bug bounty and security services platform Immunefi published a report detailing the loss of funds due to hacks and fraud in the Web3 ecosystem this year – and what might await in the next. The team looked into the volume of crypto funds the community lost...

Aquaman and the Lost Kingdom Flounders But Doesn't Quite Sink


At one moment in Aquaman and the Lost Kingdom, characters are running through a mutated jungle, chased by lion-sized cockroaches while avoiding violent, human-eating plants. In another moment, multiple characters are standing around, their hair flowing wildly, delivering wooden dialogue that’s...

Ethereum Will Continue Losing Ground To Bitcoin: Glassnode


Source: Pixabay / vjkombajn The price of Ethereum (ETH) has continuously lost ground to that of its older brother, Bitcoin (BTC), throughout the year – and on-chain data suggests it will continue to do so. As of Thursday, Bitcoin’s market cap dominance stood at 53.3%, versus Ethereum’s 16.7%. A...

Ledger Hardware Wallet Will Compensate Users for $600,000 Exploit


Source: iStock Hardware wallet provider Ledger has announced its intention to reimburse victims for the approximately $600,000 in assets lost due to the recent ConnectKit exploit. In a December 20 statement on X (formerly Twitter), the firm assured that the lost assets would be reimbursed before...

China’s Current Economic Challenges Echo Japan’s Past Economic Struggles


Experts highlight the critical need for China to learn from Japan’s prolonged economic stagnation, emphasizing the urgency to transition from manufacturing and investment reliance to boosting domestic consumption. Similarities to Japan’s Lost Decades in China’s Current Economic Slowdown...

Baldur’s Gate 3 Xbox Saves Are Disappearing, Here’s How To Avoid It


Baldur’s Gate 3 shadow-dropped on Xbox after winning Game of the Year at The Game Awards, and Larian Studios is already pushing out updates and hotfixes as the dust settles. If you’re playing the fantasy epic on your Xbox, you may be at risk of losing your saves, and Larian is warning players...

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