Crypto Hacks in 2024: Centralized Exchanges Are Now the Top Targets for Cybercriminals
The 2024 Chainalysis Crypto Crime Report underscores a troubling reality: The crypto loss growth was significantly marginal with the total amount lost to crypto hacks reaching $2.2 billion, 21% higher than in 2023. 303 cases of crypto theft were noticed in 2024 while there were fewer of 282 cases in 2023.
Read More...Bankrupt New Zealand Crypto Exchange Cryptopia Returns Millions to Users Following Liquidation
Cryptopia suffered a cyber-attack in 2019, suffering a $15.5 million loss, followed by a second hack in 2021 losing $170,000 in crypto. The post Bankrupt New Zealand Crypto Exchange Cryptopia Returns Millions to Users Following Liquidation appeared first on Cryptonews.
Read More...SEC Greenligths Two Crypto ETFs
The US Securities and Exchange Commission (SEC) has greenlit two Bitcoin/Ether combo exchange-traded funds (ETFs) proposed by Hashdex and Franklin Templeton.
Read More...Crypto chatter about ‘buying the dip’ hits 8-month high: Santiment
The ratio of mentions on social media for “buying the dip” has ramped up as Bitcoin dropped below the six-figure price level just days before Christmas, according to Santiment.
Read More...Morocco to Adopt a Legal Framework for Crypto Assets
Morocco aims to regulate the use of crypto assets without hindering innovation in the crypto ecosystem. Legal Framework for Crypto Nears Adoption in Morocco A legislative framework governing crypto assets in Morocco is almost ready for adoption, according to Abdellatif Jouahri, the governor of Morocco’s central bank, Bank Al-Maghrib (BAM).
Read More...Over $1B Liquidated as Crypto Market Continues to Dip Following Fed’s Hawkish Signal
The crypto market faced a major shake-up as over $1 billion in leveraged positions were liquidated within 24 hours on December 19. The post Over $1B Liquidated as Crypto Market Continues to Dip Following Fed’s Hawkish Signal appeared first on Cryptonews.
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