A violent crime in Jeju City, South Korea, has highlighted the dangers of cryptocurrency transactions conducted in unregulated settings. A Chinese man in his 30s was found dead in a luxury hotel room on February 24 after suffering multiple stab wounds. Authorities believe the murder was linked to a crypto transaction gone wrong. Four Arrested […]
Several Binance users have reported falling victim to an SMS spoofing attack. The phishing text appeared within Binance’s official message thread, making it nearly indistinguishable from legitimate communications. User Reports Binance Phishing Incident One user, Joe Zhou, shared his experience in a LinkedIn post, stating, “I want to report a recent scam related to the Bybit […]
The 2025 crypto crime report by Chainalysis has highlighted a rise in the sophistication of criminal activities. The firm estimated illicit crypto transactions in 2024 to be $40.9 billion, down from $46.1 billion in 2023. However, this figure is projected to exceed $51 billion as more illegal addresses are identified. Shift to Stablecoins and Ransomware […]
US authorities have made significant progress in combating cryptocurrency-related crime by seizing approximately $31 million linked to the 2021 Uranium Finance hack. The announcement was made by the US Attorney’s Office for the Southern District of New York (SDNY) and Homeland Security Investigations (HSI) in San Diego this week, nearly four years after the attack. […]
As discussions around crypto fraud intensify following the recent $1.5 billion Bybit hack, Ethereum co-founder Vitalik Buterin is urging the industry to recognize another major risk. According to him, while much attention is given to preventing theft, not enough is done to protect people from accidental loss due to user errors. Accidental Crypto Loss Remains […]
The Tron network’s stablecoin market is witnessing a clear leader. USDT has established itself as the primary asset for value transfers and trading. In fact, CryptoQuant’s latest analysis revealed the overwhelming dominance of USDT on the Tron network, which accounts for 98.5% of the total stablecoin supply. USDT’s Market Share on Tron With a circulating […]
Around 58,000 Bitcoin options contracts will expire on Friday, Feb. 28, and they have a notional value of roughly $4.7 billion. This week’s expiry event is larger than usual because it is the end of the month. However, the impact on spot markets is likely to be minimal as they’re already reeling from US President […]
Jupiter Exchange has surpassed major decentralized finance (DeFi) players, securing the second-highest daily fee ranking after stablecoin issuer Tether. Additionally, the decentralized exchange (DEX) generated $2.73 million in revenue over a 24-hour period, going above fellow Solana stalwart Pump.fun. Jupiter Usurps Pump.fun According to data from DefiLlama, the exchange has earned $10.88 million in fees […]
Bitcoin (BTC) has outperformed all other sectors in the crypto market this year, with various categories experiencing significant losses. Especially, sectors like meme coins and AI appear to have taken a hit in 2025. Market Trends Reverse According to recent findings by Delphi Digital, the most severe declines were observed in AI-related sectors, with AI […]
It’s safe to say that the bears dominated the past few days in the cryptocurrency markets, as bitcoin’s price dumped to a new multi-month low of $82,000 on Wednesday evening. Such a massive price move in either direction hints at further volatility for the underlying asset, but one particular analyst believes the bear market might […]