DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses.
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Seoul Sanctions North Korea Over Crypto Theft
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in…
Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also…
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already…
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for…
Bitcoin Price Outlook for February
February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty. Following a strong start to the month, bitcoin prices have since…
Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation
Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying…
Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US
A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in…
ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle
Web3 developer ConsenSys has cast 7.03 million UNI votes in favor of Uniswap v3 deploying on BNB Chain.
Avalanche (AVAX) price is up, but do fundamentals support the rally?
AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish…
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