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Kraken Slammed With $5.1 Million Fine for Regulatory Breach in Australia


An Australian court fined Kraken $5.1 million AUD for offering a margin lending product to Australian customers without proper regulatory approval. Unlawful Credit Facility An Australian court has fined the digital asset exchange platform Kraken $5.1 million Australian dollars (AUD)...

Radiant Capital Hack: How Hackers Used a PDF to Steal $50 Million


The $50 million hack sent shockwaves across the defi community with funds authorized to different projects completely drained. $50 Million Hack a Stark Warning for the Defi Industry The complexity and precision of a recent attack on Radiant Capital, a decentralized cross-chain lending protocol...

Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in Gains


An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced...

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