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Tag: Cryptocurrency

Ohio man guilty of Bitcoin laundering to forfeit over US$400 million in assets

Ohio man Larry Dean Harmon was sentenced to 3 years for Bitcoin laundering and forfeiting US$400M+ in assets, highlighting crypto mixer misuse.

18 states challenge SEC over crypto regulation enforcement

18 US states filed a lawsuit challenging the SEC’s authority over crypto regulation, seeking state-level control. The legal battle could reshape oversight.

Bitfinex hacker sentenced to five years for massive crypto heist

Bitfinex hacker Ilya Lichtenstein was sentenced to five years in prison for stealing US$10 billion in Bitcoin—wife Heather Morgan will be sentenced soon.

New malware SteelFox targets Windows users through fake software activators

Beware of SteelFox malware, targeting Windows users worldwide with fake activators for AutoCAD, JetBrains, and Foxit, causing data theft and cryptojacking.

Sam Altman’s Worldcoin shifts focus to Orbs, dropping ‘coin’ in rebrand

Sam Altman's Worldcoin rebrands itself as 'World,' shifting its focus from cryptocurrency to identity verification with its Orb eye-scanning technology.

Lego website targeted in cryptocurrency scam hack

On October 4, Lego's website was hacked to promote a crypto scam, but the issue was quickly resolved, and no user accounts were compromised.

Flappy Bird creator denies involvement in new game release

Flappy Bird creator Dong Nguyen confirms he has no involvement with the new game despite claims from the Flappy Bird Foundation.

Sam Bankman-Fried receives a 25-year sentence for FTX fraud

Sam Bankman-Fried, co-founder of FTX, has been sentenced to 25 years in prison for fraud, marking a pivotal moment in cryptocurrency regulation.

China’s crypto enthusiasts defy odds to secure US$1 billion in gains

China's crypto investors navigated through regulatory challenges to make US$1.15 billion in 2023, showcasing resilience and innovation.

Bitcoin surges to record high of US$72,700 amid fears of ‘extreme greed’

Discover the latest surge in Bitcoin's value to a record high of $72,700, the anticipation of the halving event.

Taiko secures US$37M for web3 development aimed at censorship-free internet

Taiko secures US$37M to build a censorship-free internet using blockchain, aiming for decentralisation in social platforms.

Web3 and the future of work: Decentralisation and collaboration

The world of work is changing rapidly, with technological advancements transforming how we work and collaborate. In recent years,...