Report: Crypto crimes declined in 2020, but DeFi hacks are on the rise
The recent surge in DeFi makes the industry is an attractive target for hackers. Go to Source Powered by WPeMatico
Crimes
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UN drugs and crime wing advises Kenya to use blockchain against corruption
Blockchain can reportedly return billions of dollars back to Kenya’s budget. Go to Source Powered by WPeMatico
Italian man caught allegedly using airport computer systems for ETH mining
You can’t just mine crypto for profit using other people’s systems without them approving it. Go to Source Powered by WPeMatico
South Korean gov says it won’t protect crypto exchanges from Kim Jong-Un’s hackers
Can anyone hold North Korea responsible for its attacks on the crypto industry? Go to Source Powered by WPeMatico
US financial watchdog fines early Bitcoin mixer $60M for money laundering
FinCEN has fined the operator of early crypto mixers Helix and Coin Ninja for Bank Secrecy Act violations. Go to Source Powered by WPeMatico
Latvian regulators warn public about cryptocurrency fraud
Crypto remains under-regulated, so Latvian investors need to be extra vigilant, says the FCMC. Go to Source Powered by WPeMatico
Crypto Capital’s NFL defendant open to guilty plea, but not for $371M
A former NFL team owner has been asked to pay $371M as part of a plea deal over bank fraud, illegal money transfers, and wire fraud. He’s not interested. Go to Source Powered by WPeMatico
Belgian investors lost $12M to crypto and forex scams over the summer
Losses due to crypto scams are on the rise in Belgium. Go to Source Powered by WPeMatico
These are the end days for crypto criminals, and good riddance
Nobody who believes in crypto wants it to be a sector beholden to criminality or poor commitment to security. Go to Source Powered by WPeMatico
Cashless future ahead? Utopian digital dream with dystopian inequality
A society without paper money might be a less equitable society. Those lacking digital connectivity would suffer. Go to Source Powered by WPeMatico
