Key Takeaways A series of phishing attacks targeting X accounts has led to the theft of approximately $500,000 over the past month, as per blockchain investigator ZachXBT. The attacker gained control of at least 15 high-profile accounts, many within the…
Key Takeaways Russia has announced a regional ban on crypto mining, set to commence on January 1, 2025. The ban, which will last for six years until March 15, 2031, was introduced as part of legislation signed by President Vladimir…
Key Takeaways The decentralized finance (DeFi) sector reported a significant reduction in financial losses from security breaches in 2024, according to blockchain security firm Hacken’s latest “Web3 Security Report.” Losses in DeFi dropped by 40% to $474 million, down from…
Key Takeaways Asset management firm VanEck has proposed that the United States could significantly reduce its national debt by adopting Bitcoin as a strategic reserve asset. The firm’s analysis aligns with a bill introduced by Senator Cynthia Lummis, which suggests…
Key Takeaways MicroStrategy founder Michael Saylor has introduced a Digital Assets Framework for the United States, proposing strategies to strengthen the country’s economic position through digital assets. A key aspect of the proposal is the establishment of a BTC reserve,…
Key Takeaways Botswana’s central bank has released its latest Financial Stability Report, mentioning the “minimal” risks posed by the country’s currently underdeveloped crypto markets. However, the report emphasized the need for proactive regulation to mitigate potential risks that could emerge…
Key Takeaways Interpol has issued a “Red Notice” for Richard Schueler, widely known as Richard Heart, the founder of Hex, over allegations of tax fraud and assault. The Red Notice is an international request to law enforcement agencies for the…
Key Takeaways Leading digital banking and blockchain firm, Metallicus, has announced the acquisition of Bonifii, a fintech service operator and Credit Union Service Organization (CUSO) connected to more than 70 credit unions. The deal aims to integrate blockchain tech into…
Key Takeaways Leading crypto wallet provider, Trust Wallet, announced that it has resolved a technical glitch that caused temporary disruptions in displaying token balances for its users. The issue, which affected balances of Binance Coin (BNB), Trust Wallet Token (TWT),…
Key Takeaways North Korean hackers have significantly ramped up their crypto theft activities in 2024, as per a report from blockchain analytics firm Chainalysis. In total, North Korean-affiliated hackers stole an estimated $1.34 billion in digital assets across 47 incidents,…
