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A US judge this week ordered a convicted fraudster to pay a $5 million civil penalty and $31 million in restitution related to a massive crypto and forex scheme he orchestrated.

New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked. In a new post, Cyvers says that BingX's hot wallet suffered a multimillion-dollar exploit affecting multiple blockchains, including Ethereum (ETH), Avalanche (AVAX), BNB, Optimism (OP), and Polygon (POL), Base, and Arbitrum (ARB).

A contingency plan should the need arise was the BOC's stance on CBDCs. Both high-level and ground-level investigations were conducted by the bank itself.

Authorities have obtained servers containing IP addresses of the criminals and are on the hunt for them.

The Supreme Court of India's YouTube channel got hacked yesterday, turning a trusted legal platform into a billboard for crypto scam ads. This breach led to all the channel's content being taken down.

U.S. Vice President Kamala Harris has agreed to participate in a second presidential debate against former President Donald Trump, accepting CNN's proposal for an event on October 23. Harris' campaign confirmed the news on Saturday, emphasizing the importance of another opportunity for voters to evaluate the candidates before the general election.

In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days.

Cryptocurrency analysts say an altseason is “just around the corner,” getting ready for a crypto bull run starting in 2024.

The crypto community is closely watching how the upcoming election impact the industry.

Discover the best 5 meme coins poised for explosive growth, including Baby Doge Coin, PepeCoin, NEIRO, Myro, and SUNDOG. These coins are on the verge of breaking out, offering investors a chance for major gains in the coming months.

Yeeha! Games, an industry-leading gaming platform, announced an exciting strategic partnership with Tokyo-based SOMSOC GALLERY during the Token2049 conference in Singapore. The collaboration aims to merge the worlds of Web2 and Web3, with both parties launching an exclusive co-branded “HOUSEBOY” designer toy collection, marking their official entry into the designer toy industry.

Discover VeChain, Sui, Fantom, Render, and The Graph — altcoins poised for explosive growth by the end of the year. Experts forecast potential gains of up to 400%, making these digital assets top investment opportunities for 2024.

The US Commodity Futures Trading Commission (CFTC) has secured a $36 million-dollar fine against forex and digital asset scammer William Koo Ichioka. This development comes amidst rising levels of crypto fraud losses over the last year.

Telegram's new mini-apps are transforming blockchain gaming by tapping into its massive user base of nearly 950 million.

Cryptocurrency technical indicators suggest the altseason is “just around the corner,” highlighted Ali Martinez, a prominent crypto analyst. This market phase will reward “dumb bulls” more than “smart bears,” according to a trader — but what does that mean?

This week, federal prosecutors announced the arrest of two individuals accused of stealing $230 million in cryptocurrency. The stolen funds were allegedly used to finance a lavish lifestyle.

Bingx said it has resumed withdrawals for “mainstream” cryptocurrencies including bitcoin, tether and ethereum among others. However, the exchange has warned of potential delays due to security reviews. The crypto exchange said it will gradually restore withdrawal services for other cryptocurrencies but has canceled pending requests.

Russia's president Vladimir Putin has changed a lot over the past four years. We've seen him build and/or strengthen his allegiances with many entities, but unfortunately, Bitcoin just isn't one of them.

The blockchain startup is a modular Layer 2 network focused on bringing real-world assets (RWAs) on-chain.

Here's how memecoins and DeFi performance could be impacted ahead of US elections.

Anthony Scaramucci is the last person crypto voters should listen to.

Arthur Hayes is the co-founder of BitMex, a cryptocurrency investor, and an influencer with half a million followers on X. Recently bullish on Pendle (PENDLE), Hayes surprised the market by offloading over half his position far below the $10 target.

Following the sudden surge in the value of the meme cryptocurrency First City in Mars (TERMINUS), a trader capitalized on the momentum to record a 920-fold return on their initial investment.

Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China's crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia's crypto infrastructure.

According to experts, 96% of more than 5,000 existing NFT collections are "dead." This means that they have zero trading volume, no sales for more than seven days, and no activity on the X social network.

Altcoins need to extend their gains for the crypto market to enter an altcoin season.

The cryptocurrency market is buzzing today, with total market capitalization soaring by $64 billion, reaching an impressive $2.14 trillion. This surge is a clear sign of renewed bullish sentiment among investors, particularly as Bitcoin approaches the critical $65,000 mark.

FATF urges India to bolster its regulations for virtual assets amid rising risks of fraud and terrorism. Enhanced compliance measures in the metals sector are critical for effective AML efforts.

Hacked exchange BingX sets the schedule for resuming withdrawals, starting with tokens on the BSC network.

A widely followed cryptocurrency analyst and trader is leaning bullish on a feline-inspired low-cap memecoin in the Binance Smart Chain ecosystem. The trader pseudonymously known as Bluntz tells his 274,800 followers on the social media platform X that a massive breakout for the Simon's Cat (CAT) memecoin is in sight.

As the crypto market is setting the stage for the next inclusive bull run, the meme coins are ready to launch. While many meme coins take support for a reversal run, many are testing the overhead challenges for a breakout run.

Market trends suggest that altcoins may be gearing up for a rally, possibly outperforming Bitcoin by 200% or more. Historical patterns, including the 2020 altcoin surge, indicate that the end of 2024 could be an ideal time for altcoin investments.

The Singapore-based crypto exchange BingX recently experienced a security breach in its hot wallet, leading to a substantial loss of funds.

Two individuals, a Singaporean residing in the United States and a US citizen, have been charged with conspiring to steal and launder over $230 million in cryptocurrency.

The U.S. presidential election is a couple of months away. Many Bitcoin enthusiasts expect to see Donald Trump emerging as the winner.

Fed rate cut and labor data spark a 6.85% crypto market rally, outperforming equities.

At the TOKEN2049 conference, SkyBridge Capital founder Anthony Scaramucci revealed that US Vice President and Democratic nominee Kamala Harris is working alongside industry advocates on her crypto policies before the November elections. Related Reading: Solana (SOL) Flies 12% To Reclaim $140, Is $160 Next?

Exodus CEO JP Richardson says the firm's security team reviews all engineers' code to prevent malicious actions.

Exodus CEO JP Richardson says the firm's security team reviews all engineers' code to prevent malicious actions.

The legal counsel for former President Donald Trump's new cryptocurrency venture, World Liberty Financial (WLFI), a new decentralized finance (DeFi) platform has been accused of trying to seize control of another digital asset company. What Happened: Alex Golubitsky, the general counsel for World Liberty Financial, was previously fired from a different cryptocurrency company, Umami, in January 2023.

The U.S. Securities and Exchange Commission (SEC) has been leveraging the controversial SAB 121 accounting rule thereby pushing banks to disclose their crypto custodial assets on balance sheets. US Congressman Ritchie Torres said that the US SEC has been violating the accounting principles by upholding the SAB 121 rule.

Cryptocurrency underground trading in China reached $23.7 billion in 2024, despite increasing government crackdowns.

William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial penalties, Ichioka faces prison time.

Reown CEO Jess Houlgrave believes crypto wallets will transition into a “collection of wallets and accounts that can interact with each other.”

Reown CEO Jess Houlgrave believes crypto wallets will transition into a “collection of wallets and accounts that can interact with each other.”

India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India's progress but pointed out areas needing improvement, especially in regulating the non-financial sector and virtual asset providers.