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Crypto researchers say North Korean state-backed hackers are likely behind a recent hack on Atomic Wallet customers, resulting in millions of dollars in estimated losses. Estonia-based Atomic Wallet is a non-custodial decentralized wallet, which means users are responsible for the assets they store. The company, which supports over 500 coins and tokens, including Bitcoin and […]
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The U.S. Securities and Exchange Commission (SEC) has settled charges with a former Coinbase product manager and his brother for engaging in insider trading, the agency announced Tuesday. Ishan Wahi, the former Coinbase employee, and brother Nikhil Wahi, engaged in “a scheme to trade ahead of multiple announcements regarding at least nine crypto asset securities […]
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The U.S. government announced new sanctions against North Korea related to its army of illicit IT workers that have fraudulently gained employment to finance the regime’s weapons of mass destruction programs. North Korea maintains thousands of “highly skilled” IT workers around the world, primarily in China and Russia, which “generate revenue that contributes to its […]
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Hackers have installed password-stealing malware on the devices of multiple Worldcoin Orb operators, TechCrunch has learned, giving them full access to the Worldcoin operator dashboard. Worldcoin, founded by Sam Altman, says it is creating a “collectively owned global currency that will be distributed fairly to as many people as possible,” according to the company’s website. […]
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Unknown hackers are breaking into the accounts of people who have AT&T email addresses, and using that access to then hack into the victim’s cryptocurrency exchange’s accounts and steal their crypto, TechCrunch has learned. At the beginning of the month, an anonymous source told TechCrunch that a gang of cybercriminals have found a way to […]
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The Internal Revenue Service (IRS) plans to send four agents who specialize in investigating cybercrime to Australia, Singapore, Colombia, and Germany starting this summer. These four new positions represent a significant increase in the IRS’s global efforts to fight cybercrimes, such as those involving cryptocurrency, decentralized finance, and crypto laundering services. In the last several […]
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An international coalition of law enforcement agencies announced on Wednesday that it had taken down the popular dark web crypto laundering service ChipMixer, seizing more than $46 million in crypto and terabytes of server data. The service, for example, was used last year by the attacker who stole funds from the now failed crypto exchange […]
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Crypto exchange Coinbase has confirmed that it was briefly compromised by the same attackers that targeted Twilio, Cloudflare, DoorDash, and more than a hundred other organizations last year. In a post-mortem of the incident published over the weekend, Coinbase said that the so-called ‘0ktapus’ hackers stole the login credentials of one of its employees in an […]
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Alongside, a crypto index-focused platform, has closed an $11 million seed round led by Andreessen Horowitz (a16z), the company exclusively told TechCrunch. “At a high level, we’re building what I describe as an on-chain Vanguard,” Austin Diamond, CEO and co-founder of Alongside, said to TechCrunch. “The goal is low-fee index products designed to enable total […]
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This week’s episode of Chain Reaction featured an interview with Gwendolyn Regina, investment director at layer-1 blockchain BNB Chain.
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