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 its increased criminal exploitation, including intellectual property theft and drug trafficking. Despite the availability of various tools, many respondents are dissatisfied with current resources, highlighting […]
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Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million
The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at million. Lykke stated that it had shut down the affected systems to contain the damage and assured users that their funds remained secure. Lykke Faces Accusations of Delayed Breach Confirmation […]
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Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports
Digital asset investment products have witnessed significant inflows totaling billion, marking a strong five-week streak that accumulates to .3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Record-Breaking Week for Digital Assets as U.S. Ethereum ETF Approval Sparks Billion Surge Digital asset investment products, […]
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Sky Mavis Reports Return of $5.7 Million in Digital Assets Stolen During Ronin Attack
Sky Mavis announced that Norwegian authorities have recovered and returned .7 million in digital assets stolen during the Ronin bridge incident. The Web3 game developer stated that an additional million in digital assets is currently frozen. However, the company cannot predict when it will be able to recover and return these funds. FBI Involved […]
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Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling 5 million, pushing the total for May to an impressive billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the billion threshold. Coinshares Tracks Billion May Inflow Into Digital Assets […]
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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses
The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated .8 to million. The Velocore team is actively pursuing the hackers and is open to negotiating a settlement. Hackers Exploited Vulnerabilities Within the CPMM Pool Contract The decentralized exchange Velocore on Zksync […]
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GCR’s Hack Possibly Tied to Solana’s CAT Coin Team, Onchain Sleuth Zachxbt Reports
On May 26, the trader known as GCR was allegedly hacked, possibly by the team behind the Solana-based meme coin CAT, as suggested by onchain sleuth Zachxbt. Prior to the hack, an address linked to CAT’s team used funds from a manipulated token launch to open long positions in ORDI and ETHFI, accumulating over ,000 […]
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Penguiana Reports New Milestones As PENGU Presale Hits Soft Cap, Teases Play-to-Earn Game Trailer Next Month
PRESS RELEASE. Penguiana (PENGU), a novel penguin-themed meme coin, is making significant waves within the cryptocurrency and Solana meme community. With its presale already raising over 1500 SOL, Penguiana is positioning itself as the next popular meme coin on the Solana blockchain. Penguiana (PENGU) Presale is Up and Running The Penguiana presale showcases the strength […]
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Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
PRESS RELEASE. Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within the blockchain sector. Token Terminal Analysis Token Terminal’s comprehensive report offers crucial insights into key […]
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Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne Finance suspended its Optimism Market and assured that […]
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