The amount of funds crypto projects lost to hackers has declined by about half to around $1.7 billion so far this year, amid improved security measures and an uptick in law enforcement actions.
Tag: crypto currency
Crypto Trading Platform Bittrex, Former CEO to Pay $24M to Settle SEC Charges
Crypto asset trading platform Bittrex and its co-founder and former CEO, William Shihara, have agreed to settle charges with the US Securities and Exchange Commission (SEC) for $24 million over charges that they operated as an unregistered exchange, broker and clearing agency.
Crypto Must End Anonymity for Illicit Finance, U.S. Regulator Says
Anonymity is allowing crypto assets to finance illegal activities, a top U.S. regulatory official said on Tuesday, posing national security risks that must be addressed.
Pressure Builds for Tougher Crypto Rules Amid FTX Collapse
Financial industry executives and lawmakers that regulators must step in to protect crypto investors following the collapse of FTX.
U.S. Crypto Firm Nomad Hit by $190 Million Theft
The crypto firm Nomad in the United States has been the victim of a $190 million theft, according to blockchain researchers on Tuesday, the latest such heist to hit the digital asset sector this year. Nomad said in a tweet that it was “aware of the incident” and was looking into it, but provided no… Continue reading U.S. Crypto Firm Nomad Hit by $190 Million Theft