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The Latest Breaking News from Chainalysis

Ransomware payments set to hit a new high in 2023 - here's how to stay safe

Big game hunting is back on the menu, as hackers get more successful.

TechRadar

Inside Israel’s historic seizure of Hezbollah and Quds-linked crypto accounts

How Israel’s counterterrorism unit worked with Binance and Chainalysis to seize $1.7 million of crypto financing.

Fortune

Crypto thefts totalled $3.8bn in 2022

Thieves stole a record $3.8 billion worth of cryptocurrency in 2022 as sanctions on North Korea drove a surge in suspected hacking by the isolated country.

Bangkok Post

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Crypto hacks hit new record as government plans to ramp up regulation

As much as $3.8 billion was stolen over the course of 2022, with huge spikes in March and October

Evening Standard

U.S. infiltrates big ransomware gang: ‘We hacked the hackers’

U.S. officials and foreign partners said the targeted syndicate, known as Hive, is among the world’s top five ransomware networks and has heavily targeted health care.

Chicago Sun-Times

Tracers in the Dark by Andy Greenberg

Episode 438 of the Cyberlaw Podcast

Reason

Illegal crypto activity hit all-time high of $20 billion in 2022

some crypto crooks may be shifting their focus to more vulnerable targets amid a Bitcoin bear market

Evening Standard

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The future of U.S. crypto sanctions

A new Chainalysis report highlights how the Office of Foreign Assets Control has been targeting bad actors in the crypto sector.

Fortune

Mark Cuban Warns of Potential New Crypto Scandal and Fraud

The billionaire investor tells TheStreet that a new scandal will soon rock the cryptocurrency industry.

The Street

Crypto's Disastrous Year Continues With Another Closure

The ripple effect of another major crypto exchange shuttering some operations is causing cryptocurrencies to struggle.

The Street

FTX, Luna, Celsius, Voyager: The Year of Crypto Bankruptcies

This year was a dark streak for the crypto industry, which has certainly been shaken up but should use this as an opportunity to mature.

The Street

Overshadowed by failures, crypto hacking exacts higher price

The cryptocurrency industry is circling the wagons in defense as hackers siphon more money from the sector each year.

Tribune News Service

Overshadowed by failures, crypto hacking exacts higher price - Roll Call

The cryptocurrency business is losing more money to hackers, losses that have been overshadowed by the high-profile failures in the sector.

Roll Call

North Korea's nuclear program is funded by stolen cryptocurrency. Could it collapse now that FTX has?

Since the world’s second-largest crypto exchange, FTX, declared bankruptcy earlier this month, the flow-on effects have been felt far and wide.

The Conversation

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The Street

Stolen FTX Funds Are Moving Into Bitcoin

The crypto industry remains shaken by the unexpected and brutal downfall of the FTX cryptocurrency exchange.

Financial Times

How North Korea became a mastermind of crypto cyber crime

Cryptocurrency theft has become one of the regime’s main sources of revenue and underlines the lack of regulation of digital assets

Reuters

Exclusive-Crypto exchange Binance helped Iranian firms trade $8 billion despite sanctions

Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show.

Evening Standard

City traders retreat to Bitcoin as ‘safe haven’ after sterling crash

The UK is the only major Western European country that grew its cryptocurrency market over the past year

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AFP

Why law enforcement struggles to throttle crypto scams

Paris (AFP) - Under the headline "Scammers in Paris", an online sleuth known as ZachXBT published a blog in August detailing how a pair of youngsters stole cryptoassets worth millions.

The Street

Stocks Higher, Meta, Rivian, and Elon Musk Told to F--- Off - Five Things To Know

Stock futures jump as October relief rally continues; Meta Scales Back In NY; Rivian Hits Delivery Targets; Ukraine Ambassador tells Elon Musk to F--- Off.

Evening Standard

Plunging pound could be lifting UK crypto growth

The UK ranks 17th globally for crypto adoption, up four places from 2021

Investors Business Daily

Bitcoin Reclaims $20,000 After Powell's Speech; Coins Model Says This About Inflation And Crypto

Why is Bitcoin now moving along with the stock market?

The Street

Bitcoin: Scammers Are Big Losers from the Crypto Crash

The fall in cryptocurrency prices has not only affected investors. There is also an unexpected big loser.

Evening Standard

£1.6 billion in cryptocurrency stolen as hackers exploit coding flaws

North Korea-affiliated groups are thought to be behind many of the hacking attempts

Benzinga

$2B In Crypto Stolen From Cross-Chain Bridges In 2022: Chainalysis

An estimated $2 billion worth of cryptocurrencies has been stolen from cross-chain bridges across 13 separate hacks so far this year.

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