U.S. lawmakers are taking action against the rising threat of crypto ATM fraud, which cost Americans nearly $170 million in losses from 2023 through mid-2024. Senators Jack Reed, Dick Durbin, Richard Blumenthal, and Peter Welch have introduced the Crypto ATM Fraud Prevention Act to prevent the scams targeting vulnerable users, especially seniors. This proposed legislation…

The FBI has officially accused North Korea's Lazarus Group of masterminding Bybit's massive security breach, which resulted in the theft of approximately $1.5 billion in ether. Authorities are now asking the public to help track and prevent the laundering of the stolen funds. This incident highlights the growing of state-backed cybercrime, raising concerns about whether…

The FBI has arrested three individuals involved in a complex cryptocurrency scheme that deceived investors out of over $10 million. This case serves as a stark reminder of the vulnerabilities in the digital asset space, underscoring the critical need for enhanced cybersecurity measures and more thorough investigative methods. With hackers getting bolder every day, will stronger…

Coinbase is strengthening its global presence by launching services in Nigeria through a strategic partnership with Onboard Global. This initiative seeks to streamline the onboarding process for Nigerian users while expanding access to digital asset trading in one of the world’s fastest-growing crypto markets by enabling Coinbase Wallet users to buy crypto with local currency…

Bybit has made a comeback in India after registering with Indian authorities, marking its official return to the market. This move follows a fine of 9.27 crore rupees imposed on Bybit on January 31, 2025, by the Financial Intelligence Unit of India for breaches of the Prevention of Money Laundering Act. This move signals a…

Good news for crypto! The SEC has dropped its investigation into Uniswap Labs, the developer behind the popular decentralized exchange. The investigation, which looked into possible securities law violations, had raised concerns that DeFi platforms could face stricter regulations. With the case now closed, many in the industry see this as a positive step for…

Another day, another crypto hack—this time, Infini has fallen victim to a devastating cyberattack. Hackers stole $49 million in USDC by taking advantage of administrator login information. This breach has sent shockwaves through the crypto community, once again exposing the risks of centralized control within DeFi platforms. It highlights the ongoing vulnerabilities in the space,…

Ohio is taking a big step toward crypto-friendly policies with a new bill aimed at blocking extra taxes on cryptocurrency transactions. The legislation ensures that digital assets, including cryptocurrencies and NFTs, won’t face additional tax burdens beyond standard state taxes. By treating crypto the same as traditional payments, Ohio hopes to create a more welcoming…

Montana's plan to create a state Bitcoin reserve has been blocked after House lawmakers voted against it. The bill aimed to make Montana more crypto-friendly by allowing the state to hold Bitcoin as part of its financial reserves. However, concerns about price swings, unclear regulations, and long-term risks led to its rejection. With this decision, Montana’s…

Reports indicate that hackers behind the Bybit security breach may be linked to a series of Solana-based memecoin scams. These scams have resulted in significant losses for investors, highlighting the rising complexity of crypto-related cybercrime. If confirmed, this connection could further shake trust in the security of digital asset platforms. The question remains: will exchanges…