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Blockchain analysts suspect North Korea-linked hackers behind $70 million crypto theft

by AIP Online Bureau | Sep 18, 2023 | International News, Risk Management, Technology

CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly known as Twitter, that wallets used to store the exchange’s crypto assets had been hacked. It said on Friday it estimates its losses at $70 million, which it said is a...
Global crypto regulations focus at G20 summit

Global crypto regulations focus at G20 summit

by AIP Online Bureau | Sep 7, 2023 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy

Regulations are expected to help investors harness the potential benefits of crypto-assets while mitigating associated risks by addressing security, consumer protection, financial stability and international cooperation issues Kualalumpur: Ongoing crypto market...
Crypto criminals steal over $10bn to date, despite crypto crime slowing down

Crypto criminals steal over $10bn to date, despite crypto crime slowing down

by AIP Online Bureau | Aug 28, 2023 | Data, Technology, Wealth Management/ Philanthropy

According to data presented by AltIndex.com, crypto scammers and hackers stole more than $3.5 billion of cryptos in 2022 New Delhi: Crypto criminals have stolen more than $10 billion to date, despite crypto crime slowing down, a new report said on Monday. According to...
Global rules leave Crypto firms with no place to hide: G20 Watchdog

Global rules leave Crypto firms with no place to hide: G20 Watchdog

by AIP Online Bureau | Jul 17, 2023 | Eco/Invest/Demography, International News, Risk Management, Wealth Management/ Philanthropy

The European Union has already approved the world’s first comprehensive set of rules for cryptoasset markets, but the FSB’s ‘global baseline’ minimum standards are designed to accommodate jurisdictions that want to go further Globally agreed rules leave crypto firms...

US tightens crackdown on crypto with lawsuits against Coinbase, Binance

by AIP Online Bureau | Jun 8, 2023 | Eco/Invest/Demography, Technology, Wealth Management/ Philanthropy

If successful, the lawsuits could transform the crypto market by successfully asserting the SEC’s jurisdiction over the industry which for years has argued that tokens do not constitute securities and should not be regulated by the SEC. The top U.S. securities...
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