Ukraine Cyber Crime Bust: 5,000 Accounts Hacked for Crypto Mining

Ukrainian law enforcement recently arrested a 35-year-old man accused of hacking over 5,000 customer accounts of a hosting company to mine cryptocurrency, resulting in a loss of $4.5 million. Hacker Deploys Software to Remotely Manipulate Servers Ukrainian cyber police officers and investigators from the Zaporizhia region recently arrested a 35-year-old man accused of hacking over … Read more

BNB Chain Launches ‘BNB Hack’ — A Global, Always-On Hackathon for Real-World Impact

Riding the developer excitement from the recent BNBAI Hack, BNB Chain has proclaimed the initiation of BNB Hack—a global, long-term hackathon that aims to supercharge Web3 developers. This is no ordinary hackathon. Traditional hackathons, while sometimes effective, can also be limiting. They are camped in time (an event) and space (a venue) and then are … Read more

Moscow Exchange Opens Bitcoin Futures to Select Investors

Russia is entering the cryptocurrency derivatives market, as the Moscow Stock Exchange kicked off bitcoin futures trading on June 4, limited exclusively to “highly qualified” investors. This move comes as Russia cautiously experiments with crypto-related financial instruments, amid ongoing regulatory uncertainty. These new contracts are linked to Blackrock’s bitcoin exchange-traded fund (ETF), the Ishares Bitcoin … Read more

DOJ Seizes $7.74M in Crypto Tied to North Korean Tech Ring

North Korea’s sprawling crypto laundering network has been hammered as U.S. authorities seized $7.74 million tied to fake IT jobs, blockchain trickery, and weapons funding. DOJ Targets North Korea’s Crypto Laundering Network With Asset Seizure The U.S. Department of Justice (DOJ) announced on June 5 that it has filed a civil forfeiture complaint seeking to … Read more