Security News

Hackers tied to the Democratic People’s Republic of Korea (DPRK) doubled the amount of digital assets they stole from 2023 to 2024, according to a Chainalysis report. In a report released on Dec. 19, analytics firm Chainalysis said North Korean hackers stole more than $1.3 billion worth of crypto in 2024 across 47 incidents, roughly 61% of […]

Ilya Lichtenstein, the hacker who stole and laundered Bitcoin from the crypto exchange Bitfinex, has released a statement on social media after being sentenced to five years in prison. In a Dec. 19 X post, Lichtenstein reaffirmed many of the statements he made in court leading to his incarceration. He confessed to hacking Bitfinex in 2016 and […]

Eric Council Jr., the individual who allegedly hacked the United States Securities and Exchange Commission’s X account in January and posted a message suggesting that Bitcoin exchange-traded funds (ETFs) had been approved, will be allowed to travel for the holidays. In a Dec. 13 filing with the US District Court for the District of Columbia, […]

Kim Nam-kuk, a member of South Korea’s National Assembly, could be sentenced to six months in prison for allegedly not reporting all his cryptocurrency holdings to the government. According to a Dec. 18 report from South Korean news outlet Dong-A Ilbo, prosecutors in Kim’s case requested a six-month prison sentence for the lawmaker, who is currently on […]

Decentralized finance (DeFi) protocol Ethena announced a strategic partnership with Donald Trump-backed World Liberty Financial on Dec. 18. The partnership aims to integrate Ethena’s sUSDe token — a staked version of its USDe “synthetic dollar” — with World Liberty Financial’s Aave instance, enabling users to deposit USDe and receive rewards in both sUSDe and World […]

The Australian Securities and Investments Commission (ASIC) has launched legal action against Binance Australia Derivatives, a crypto derivatives trading platform, alleging consumer protection failures. In a Dec. 18 news release, the regulator claimed Binance misclassified over 500 retail clients as wholesale investors between July 2022 and April 2023, stripping them of legal protections afforded under […]

Bitcoin stacking firm Metaplanet expects to record its first consolidated operating profit in seven years just months after adding Bitcoin its balance sheet for the first time. The Japanese investment firm on Dec. 18 said it expects to generate 890 million Japanese yen ($5.8 million) in revenue for the fiscal year ending Dec. 31, compared to just […]

Ledger users have reported that phishing scammers are spoofing the crypto hardware wallet provider’s support emails in a bid to trick users into revealing their wallet keys. The bogus emails claim Ledger suffered a “recent data breach” and encourages recipients to verify their private seed phrase under the guise of needing to “safeguard” their assets, […]

The United Kingdom’s Financial Conduct Authority (FCA) has issued a warning about the Solana-based “Retardio” project, citing concerns over unauthorized financial promotions and activities targeting UK consumers. On Dec. 16, the UK’s Financial Conduct Authority (FCA) posted a warning against the Retardio project, saying that the token may be providing or promoting financial services without the regulator’s […]

Mohammed Azharuddin Chhipa, a 35-year-old man from Springfield, Virginia, was criminally charged for making cryptocurrency donations to the infamous Islamic terrorist organization, the Islamic State of Iraq and al-Sham (ISIS). According to the United States Department of Justice (DOJ), Chhipa sent $185,000 worth of cryptocurrencies to ISIS members in Syria between October 2019 and October […]