Lens
Blockchain Security
Aided by crypto like Monero, ransomware crimes are on the rise globally, writes Srinivas Mukkamala of Ivanti. Android users are especially vulnerable.
Srinivas Mukkamala
Bitcoin News
The Japanese trustee for Mt. Gox is likely to distribute the remaining trove of Bitcoins held by the defunct cryptocurrency exchange sooner than later, former CEO Mark Karpeles tells Jake Adelstein in an exclusive interview for Forkast.
Jake Adelstein
Regulation
China’s Supreme Court specified cryptocurrency trading as a means of illegal fundraising in its latest judicial interpretation of criminal law released on Thursday, the first time in the country’s history. See related article: Court in China says trading in cryptocurrency ‘not protected by law’ Fast facts A judicial interpretation is the Supreme People’s Court’s official […]
Ningwei Qin
Crypto Trading and Strategies
Indian authorities arrested 11 individuals over the weekend, connected with a crypto scam case that allegedly used the allure of high gains to dupe 2,000 investors out of US$5.4 million (INR 400 million), local media reported. Fast facts Four of the accused were apprehended on Saturday after being on the run since March last year, […]
Monika Ghosh
Legal Insights
While the government cultivates the booming metaverse industry, experts say laws fail to protect youth from abuse within virtual and digital realms.
Danny Park
Bitcoin News
Top blockchain and crypto news: Super Bowl score for digital asset exchanges. CryptoPunks holders face copyright conundrum. Hong Kong warns of NFT risks.
Forkast.News
Bitcoin News
Ransomware revenue in crypto in 2021 has been traced to strains connected to Russia with most of the extorted funds laundered through services that primarily cater to Russian users, blockchain forensics firm Chainalysis reported. Fast facts Around 74% of the over US$400 million worth of crypto ransomware revenue last year was directed to strains that […]
Dylan Butts
Regulation
Seven executives of scam crypto exchange V Global were found guilty on Friday and sentenced to jail time — but it might not be enough to console victims.
Danny Park
Bitcoin News
Ransomware payments in crypto tallied higher than US$602 million in 2021, according to blockchain forensics firm Chainalysis, with average payments recording US$118,000, or 34% higher than the 2020 average. Fast facts
Ningwei Qin
Bitcoin News
The two most popular NFT-related crimes, money laundering and wash trading, resulted in illicit profits of US$10 million in 2021, according to a report released Wednesday by blockchain forensics firm Chainalysis. Fast facts While the US$10 million of global NFT criminal activity is relatively small, Chainalysis reported a spike in the use of illicit funds […]
Jeanhee Kim
