Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024
Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across 63 incidents. This figure is 25% lower than […] Powered by...
Top FBI Official Now Heads the World’s Leading Anti-Piracy Coalition
In the summer of 2017, several of the world’s largest entertainment industry companies teamed up to create a brand new anti-piracy coalition. The Alliance for Creativity and Entertainment (ACE) aimed to foster collaboration, share knowledge, and leverage the group’s combined anti-piracy resources to tackle the global online piracy problem. With dozens of members around the world, including Disney, Netflix, the BBC, beIN, Sony, and...
Kim Dotcom Can’t Prevent NZ Govt. Sending Hard Drives & Passwords to FBI
Defying even the broadest definition of ‘justice’ or even basic common sense, more than 12 years after his initial arrest, Kim Dotcom is still fighting the New Zealand government on every detail of his case. Given that the booby prize for not doing so is an all-expenses-paid trip to the United States, few could blame him. But why this has been allowed to drag on for so long can only be answered by New Zealand’s government. Whether...
Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigerian Web3 Industry
Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization representing blockchain and crypto associations has warned. Evidence of this impact includes the decline in foreign investments. The organization also argued that the continued detention of the Binance executive could jeopardize valuable collaborations and associated benefits. Nigeria’s National Interests A […]...
Kraken’s Jesse Powell Donates $1 Million to Trump
Crypto industry leader Jesse Powell has made a significant donation of $1 million, primarily in ethereum, to Donald Trump’s presidential campaign. In a social media post, Powell cited the crypto industry’s struggles with regulation under the Biden administration, specifically naming Elizabeth Warren and Gary Gensler as obstacles. Powell expressed optimism that Trump’s pro-crypto stance will […] Powered by...
