Over $2.3 Billion Stolen in Crypto Hacks and Frauds in 2024
Crypto hacks and frauds led to over $2.3 billion in losses this year, highlighting the persistence of security vulnerabilities in the industry. This figure spans 165 incidents, marking a 40% increase from the previous year.
Read More...MicroStrategy’s Michael Saylor releases crypto framework to guide US president Trump
Michael Saylor, the chairman of MicroStrategy, just put out a framework directed squarely at helping Trump’s administration figure out its crypto policies.
Read More...North Korean Hackers Stole $1.3 Billion In Crypto, Chainalysis Report Finds
Crypto hackers affiliate with North Korea stole $1.3 billion worth of crypto in 2024 – over double the amount looted in 2023 – as concerns continue over the country’s weapons of mass destruction program, new data released December 19 from Chainalysis shows.
Read More...French banking giant Groupe BPCE secures regulatory greenlight for crypto services
Hexarq, the cryptocurrency subsidiary of Groupe BPCE, has obtained regulatory approval from France’s Financial Markets Authority (AMF) to offer crypto services to its clients in 2025, the Big Whale reported on Dec. 20.
Read More...French Banking Giant BPCE to Offer Crypto Services Through Hexarq
Groupe BPCE, one of France’s largest banks, plans to offer its customers Bitcoin and cryptocurrency investment services in 2025.
Read More...DeFi Protocol Usual’s Surge Catapults Hashnote’s Tokenized Treasury Over BlackRock’s BUIDL
Hashnote’s USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin zoomed over $1 billion market capitalization in a few months.
Read More...More than 100 crypto hedge funds report banking hurdles in the past 3 years
Around 120 hedge funds engaged in crypto reported hurdles in accessing banking services over the three years, The Wall Street Journal reported on Dec. 20. The number represents roughly 75% of 160 hedge funds recently surveyed by the Alternative Investment Management Association (AIMA).
Read More...Scaramucci Says Some Alts Had Their ‘Last Hurrah’
SkyBridge Capital founder Anthony Scaramucci has stated that it is “likely” that some of the altcoins have already had their “last hurrah.”
Read More...Metallicus acquires fintech operator connected to 70 credit unions
The acquisition brings Metal blockchain solutions to Bonifii’s portfolio of credit unions.
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