Damage from Crypto Hacks Fell to $51M Last Month: Report
The crypto industry experienced losses of $51.61 million in October due to 23 security incidents. This represents a decrease of 85.6% compared to the previous month.
Hackers Stole $720M in Crypto in Q3 2023
According to cybersecurity firm Hacken’s research, hackers were able to steal more than $720 million in digital currencies in the third quarter of 2023.
Nigeria and India Are Leaders im BTC Adoption: Report
According to the Chainalysis report, it is evident that developing countries have shown the highest levels of acceptance for Bitcoin and other digital currencies.
FinCEN Wants to Equate Bitcoin Mixers to Money Laundering Centers
FinCEN intends to classify cryptocurrency mixers as hubs for money laundering, posing a threat to national security.
Coin Metrics Attracts $6.7M
Cryptocurrency data firm Coin Metrics has raised approximately $6.7 million through a variety of securities, including equity and options.
US Accuses Gemini and DCG of Defrauding Investors
New York State prosecutors have filed a lawsuit against Gemini, Genesis, Digital Currency Group (DCG), and their respective executives, accusing them of defrauding over 230,000 investors and scamming them out of more than $1 billion.
Fantom Foundation Hit By Exploit and Loses $7M
An employee of the company lost at least $7 million in cryptocurrency due to an exploit today.
