OracleSwap, a decentralized exchange (DEX) protocol on the Songbird Network, has recently become the subject of concern among its users and the wider decentralized finance (DeFi) community. The protocol, which allows users to earn interest for delegating their Flare and Songbird tokens, announced on Jan. 28 that its private keys

The Federal Reserve Board has issued a policy statement to promote a level playing field for all banks under its supervision, regardless of deposit insurance status. The statement clarifies that both uninsured and insured banks will be subject to the same limitations on activities, including those related to crypto-assets. The

After the latest high-profile NFT hack, this time taking down tech entrepreneur Kevin Rose, the security advantages of self-custody wallets were making the rounds on Crypto Twitter again. On Wednesday, the creator of Proof and the Moonbirds NFT project was the victim of a phishing attack after the scammer sent

Bithumb offices in South Korea were stormed on Thursday by local authorities investigating token price manipulation, media house Yonhap news reported late yesterday. The crypto exchange is one of five crypto trading venues still running in South Korea after a major crackdown on digital asset service providers in 2021. Per the

The FBI on Thursday revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that allowed the bureau to thwart the group from collecting more than $130 million in ransomware demands from more than 300 victims. At a news conference, U.S. Attorney General Merrick Garland,

Each day seems to carry with it a new, ominous headline propounding the imminent demise of cryptocurrency. The death of Bitcoin has been predicted more than 450 times as of this writing. And yet, it seems to have staying power: more than $23 billion of Bitcoin has changed hands in

For years, the cryptocurrency economy has been rife with black market sales, theft, ransomware, and money laundering—despite the strange fact that in that economy, practically every transaction is written into a blockchain’s permanent, unchangeable ledger. But new evidence suggests that years of advancements in blockchain tracing and crackdowns on that

Cybercriminals hacked the Twitter account of the Robinhood exchange on Wednesday. In a now-deleted tweet, the hacked account was used to promote a scam offering crypto tokens and NFTs on the Binance Smart Chain through the PancakeSwap decentralized exchange. Robinhood’s other social media profiles were also compromised. According to a

Cybercrime is a menace. Estimates suggest that the combined harm cybercrime could inflict on systems worldwide was as high as US$6 trillion in 2021. And if the number already appears frightening, it is expected to hit US$10.5 trillion by 2025. In 2015, it was US$3 trillion. A growth of more

Adding to the turmoil in the cryptocurrency industry over the past year, the Justice Department has been more actively pushing criminal enforcement actions around cryptocurrency and other digital assets. For observers of regulatory activity in this space, the DOJ’s priorities come as no surprise. Announcements in the past year by the