It was the best of blockchains, it was the worst of blockchains... as Charles Dickens might have said.

Jump Trading group literally jumped in to get Wormhole back on track and restore the missing funds from the recent hack worth $320 million in wrapped Ethereum as we reported in our Ethereum news. A wormhole is a popular cross-chain crypto bridge between Ethereum, Avalanche, Solana, and others and it got hacked a day ago […]

The crypto revolution is transforming traditional finance systems by increasing access to financial services, accelerating transfers and bringing transparency and auditability to finance transactions. These are amazing enhancements. To sustain the viability of this new, decentralized digital economy, it is…

The post Setting the Record Straight: Law and Policy Are Not at Odds with Crypto Analytics appeared first on CipherTrace.

Ethereum fees have fallen below $5 per simple transaction according to pictured data by Santiment, a blockchain analytics firm. That’s down from circa $35 in November and May last year...

The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocurrency investments — an area that has seen a massive surge in reports,” said the FTC. Federal Trade Commission Warns of Crypto Scams Utilizing […]

Nansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep growing, opening the field to new participant chains. Non-fungible tokens (NFTs) also had a notable year, with many new wallets experiencing growth as a result. […]

Nansen, a blockchain analytics platform, has released its 2021 ‘State of the Crypto Industry Report’ showing crypto has gone multi-chain, with attractive yields and digital collectibles.

On-chain data shows that short-term holders sold off significant portions of their BTC holdings during the recent market crash.

The OpenSea vulnerability which analysts first got wind of a few days ago appears to have not been fixed. According to new data, OpenSea users are still losing their pieces to hackers. Another eight NFTs have been exploited and sold without the owner’s consent for a huge profit by hackers. OpenSea exploit continues Hackers have been exploiting

The post OpenSea Fixes Vulnerability, But Users Are Still Losing NFTs To Hackers appeared first on CoinGape.

Money laundering through decentralized finance (DeFi) protocols is gaining popularity with cybercriminals, according to new research from blockchain analytics firm Chainalysis. Cybercriminals laundered at least $8.6 billion in cryptocurrency in 2021, the firm said in research published Wednesday – a 30% jump in money laundering activity from 2020. Decentralized protocols received 17% of crypto sent…

The post Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis appeared first on Bitcoin News Miner.

Ransomware has become the biggest threat to online security, affecting all industries connected to the internet – from supply chains, to healthcare institutions. Therefore, a critical part of Binance’s commitment to ensuring the secure and sustainable growth of the global crypto ecosystem involves fighting different strains of ransomware and fraud. Earlier this year we released a […]

The post Binance Helps Take Down Cybercriminal Ring Laundering $500 Million in Ransomware Attacks appeared first on The Daily Hodl.