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March 1, 2024
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Binance user gets drained on exchange, shares ‘strange’ experience

A crypto trader, known as “DoomXBT,” recounted a distressing encounter on the Binance exchange shortly before losing $70,000 in digital assets to a hacker.   On […]
March 1, 2024
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Binance drops naira from P2P platform, gov’t demands $10B compensation

Binance, a cryptocurrency trading platform, has removed the Nigerian currency, the naira, from its peer-to-peer (P2P) service amid the Nigerian government’s crackdown on the exchange. This […]
February 29, 2024
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US govt moves $922 million of seized Bitcoin after BTC price broke $60,000

The United States government has conducted transfers totaling $922 million worth of Bitcoin from two cryptocurrency wallets that held funds seized from Bitfinex in 2016.   […]
February 29, 2024
bitcoin-etf

Spot Bitcoin ETFs record new ATH of $680M as BTC bull run gathers pace

Spot Bitcoin exchange-traded funds (ETFs) in the United States have achieved a new milestone, recording a cumulative daily inflow of $676.8 million, marking an all-time high […]
February 29, 2024
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Seneca stablecoin hacker returns stolen funds after $6.4M exploit

In a recent development, the stablecoin protocol Seneca fell victim to an exploit, resulting in the theft of approximately $6.4 million in digital assets. This incident, […]
February 29, 2024
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Nigerian central bank head criticizes Binance, execs reportedly arrested

The Central Bank of Nigeria (CBN) has raised concerns about “suspicious flows” of funds through Binance Nigeria in 2023, signaling heightened scrutiny of the cryptocurrency exchange […]
February 29, 2024
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Hong Kong allocates $383 million for Cyberport AI scheme

The Hong Kong government has decided to allocate $3 billion Hong Kong dollars ($383 million) to its Cyberport business park as part of a three-year artificial […]
February 29, 2024
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Funds hacked in 2024 increased by 15.4% vs. the same period in 2023 — Immunefi

The cryptocurrency space has been rocked by a series of hacks and rug pulls in 2024, resulting in over $200 million in losses across 32 individual […]
February 29, 2024
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Decentralized lending platform Seneca exploited for $6.4M

Seneca Protocol, a decentralized finance (DeFi) lending platform and stablecoin issuer, has fallen victim to an exploit, resulting in estimated losses of $6.4 million. The incident, […]
February 29, 2024
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Darknet market crypto crimes on the rise in 2023, $1.7B revenue — Chainalysis

The crypto industry continues to grapple with cybercrimes, with darknet markets emerging as one of the notable categories showing an increase in revenue in 2023. According […]

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