Financial Times reader comments 26 with 0 posters participating Share this story Created by a Vietnamese gaming studio, Axie Infinity offers players the chance to breed, trade, and fight Pokémon-like cartoon monsters to earn cryptocurrencies including the game’s own “Smooth Love Potion” digital token. At one stage, it had more than a million active players.… Read More »
Enlarge / Bitcoin laundering concept vector illustration. reader comments 52 with 41 posters participating Share this story Federal prosecutors have recovered $3.36 billion in bitcoin that was stolen a decade ago from Silk Road, the dark web bazaar responsible for distributing massive quantities of illegal drugs and other illicit goods and services to people worldwide.… Read More »
reader comments 85 with 56 posters participating Share this story As Russian troops have flooded into Ukraine’s borders for the past eight months—and with an ongoing mobilization of hundreds of thousands more underway—the Western world has taken drastic measures to cut the economic ties that fuel Russia’s invasion and occupation. But even as those global… Read More »
Enlarge / CHINA – 2022/07/25: In this photo illustration, the cryptocurrency exchange trading platform Binance logo is displayed on a smartphone screen. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) reader comments 98 with 76 posters participating Share this story Hackers have stolen around $570 million in tokens from Binance, in a rare blow… Read More »
reader comments 50 with 39 posters participating, including story author Share this story Amazon recently lost control of IP addresses it uses to host cloud services and took more than three hours to regain control, a lapse that allowed hackers to steal $235,000 in cryptocurrency from users of one of the affected customers, an analysis… Read More »
Getty Images reader comments 42 with 35 posters participating Share this story Cryptocurrency analytics firm Chainalysis said on Thursday that it helped the US government seize $30 million worth of digital coins that North Korean-backed hackers stole earlier this year from the developer of the non-fungible token-based game Axie Infinite. When accounting for the more… Read More »
Enlarge / The IRS detailed the winding and tangled routes the couple allegedly took to launder a portion of the nearly 120,000 bitcoins stolen from the cryptocurrency exchange Bitfinex in 2016. William Whitehurst | Getty Images reader comments 126 with 81 posters participating Share this story On Tuesday, Ilya Lichtenstein and Heather Morgan were arrested… Read More »
Getty Images reader comments 91 with 54 posters participating, including story author Share this story This is a story about how a simple software bug allowed the fourth-biggest cryptocurrency theft ever. Hackers stole more than $323 million in cryptocurrency by exploiting a vulnerability in Wormhole, a Web-based service that allows inter-blockchain transactions. Wormhole lets people move… Read More »
reader comments 35 with 28 posters participating Share this story The past year saw a breathtaking rise in the value of cryptocurrencies like Bitcoin and Ethereum, with Bitcoin gaining 60 percent in value in 2021 and Ethereum spiking 80 percent. So perhaps it’s no surprise that the relentless North Korean hackers who feed off that… Read More »
reader comments 80 with 60 posters participating, including story author Share this story Blockchain startup MonoX Finance said on Wednesday that a hacker stole $31 million by exploiting a bug in software the service uses to draft smart contracts. The company uses a decentralized finance protocol known as MonoX that lets users trade digital currency… Read More »