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North Korea’s Lazarus Group Exploited Defi Protocol Alex Lab for $4.3 Million, Probe Reveals

Bitcoin layer-two developer Alex Lab revealed that an investigation linked the North Korea-linked Lazarus Group to the $4.3 million exploit that occurred on May 16. Alex Lab has facilitated communication…

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Fintech Giant Flutterwave Partners With Nigerian Anti-Graft Body to Launch Cybercrime Center

Flutterwave, a Nigerian fintech startup, has partnered with the Economic and Financial Crimes Commission (EFCC) to establish a cybercrime research center. This strategic initiative aims to intensify the fight against…

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Law Enforcement Holds Positive Views on Crypto Despite Crime Concerns, Chainalysis Reports

Blockchain analytics firm Chainalysis has found that law enforcement finds cryptocurrency relevant to many investigations and holds positive overall views. The firm also notes the growing adoption of cryptocurrency and…

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Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG

The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in…

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Nigerian Court Dismisses Fugitive Binance Exec’s Rights Lawsuit

A Nigerian court dismissed a human rights violation lawsuit filed by the fugitive Binance executive, Nadeem Anjarwalla, against law enforcement agencies. In his ruling, Judge Inyang Ekwo reportedly cited Anjarwalla’s…

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Kraken Calls Security Research Firm’s Demands ‘Criminal’; Certik Slams Threats Against Its Employees

Kraken has accused an unnamed security research firm of stealing $3 million from its treasury and attempting to extort more money. Nick Percoco said so-called white hat hackers failed to…

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South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-Conspirators

South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the…

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Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction

A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement. Authorities allege that…

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Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government

The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors…

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