In the ever-evolving landscape of cybersecurity, SMS spoofing appears to be an insidious threat, especially for cryptocurrency users. The case involving significant breaches at exchanges like Binance highlights the vulnerability of digital assets amidst increasingly sophisticated scams. With prominent users falling prey to these tactics, it is essential for both seasoned and novice investors to
Crypto
In a landmark achievement for U.S. law enforcement, authorities have successfully seized around $31 million connected to the infamous Uranium Finance hack that occurred in April 2021. This operation was announced by the U.S. Attorney’s Office for the Southern District of New York and Homeland Security Investigations based in San Diego. The action marks crucial
As we navigate through a landscape marked by volatility, the cryptocurrency market has once again stepped into the spotlight following a tumultuous week. Speculation about the potential end of the current bull market looms large, prompting analysts and enthusiasts alike to dissect whether specific events or signals served as the harbingers of a downturn. A
The 2025 crypto crime report released by Chainalysis unveils a concerning evolution in the modus operandi of criminals operating within the cryptocurrency sphere. While there was a reported decrease in illicit cryptocurrency transactions from $46.1 billion in 2023 to an estimated $40.9 billion in 2024, projections suggest that this figure could rise beyond $51 billion
The cryptocurrency market continues to be characterized by rapid fluctuations, with Bitcoin and Ethereum exchange-traded funds (ETFs) experiencing contrasting fortunes as of late February 2025. After enduring a streak of eight consecutive days marked by significant net outflows, Bitcoin ETFs finally experienced a brief respite on a recent Friday. This momentary reprieve, however, did not
Bitcoin, often regarded as the cornerstone of the cryptocurrency landscape, has recently maneuvered through a chaotic week marked by significant price volatility. The digital asset, which had plummeted to a worrying low of around $78,000, has rebounded impressively, clawing back approximately $7,000 and enticing investors back into the fold. This resurgence is a stark reminder
In the world of cryptocurrencies, stablecoins serve a pivotal role in facilitating value transfers and trading activities. Within the Tron network, Tether’s USDT has emerged as the clear frontrunner among these digital assets. Current data from CryptoQuant highlights the stark imbalance in stablecoin market share, revealing that USDT commands a staggering 98.5% of the total
Thorchain, a decentralized exchange protocol known for its emphasis on interoperability, finds itself in a precarious position as internal disputes intensify. Central to the discord is the protocol’s handling of illicit funds, particularly spotlighted by the involvement of North Korea’s Lazarus Group in laundering stolen Ethereum (ETH) from the Bybit hack. The connection between Thorchain
Recently, the U.S. Securities and Exchange Commission (SEC) issued a noteworthy statement regarding meme coins, a subset of the burgeoning cryptocurrency market often characterized by their whimsical nature and lack of intrinsic value. In this declaration, the SEC’s Division of Corporation Finance articulated its position that meme coins do not classify as securities under the
The cryptocurrency market has faced substantial challenges in recent days, with the total capitalization falling beneath the $2.8 trillion mark. Bitcoin (BTC) has experienced a notable decline of nearly 19% over the past week, representing one of the steepest downturns in recent memory. Ethereum (ETH), often seen as Bitcoin’s primary competitor, has suffered even greater
