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Crypto’s Dark Side: $9 Billion In Scam Losses Rock The US In 2024—FBI

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto scams hit an all-time high in 2024, with Americans losing a whopping $9.32 billion to digital currency scams, a new FBI report released on Monday showed. The losses are a 66% increase from last year’s and account for over half of … Read more

20% of Stolen Bybit Funds ‘Gone Dark,’ Says CEO—Here’s How

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20% of Stolen Bybit Funds ‘Gone Dark,’ Says CEO—Here’s How

Bybit’s CEO, Ben Zhou, has provided updates on the recovery of funds stolen during a major hack on the exchange. The incident, which occurred on February 21, involved approximately $1.4 billion worth of cryptocurrency, making it one of the largest hack on a centralized exchange in the crypto market. The attack, attributed to the Lazarus … Read more