jamesethansson pfp

jamesethansson

@jamesethansson

199 Following
299 Followers
miadavis0339 pfp
miadavis0339
@miadavis0339
Today in crypto, phishing attacks were the most costly attack vector for the crypto industry in 2024, according to a new report from CertiK, BlackRock’s iShares Bitcoin Trust (IBIT) has clocked its largest one-day outflow since its launch in 2024, and Do Kwon has pleaded not guilty to a slew of charges in the United States.
0 reply
10 recasts
24 reactions
wilsonorange55 pfp
wilsonorange55
@wilsonorange55
Blockchain security firm CertiK has issued a warning to crypto investors about the rising threat of phishing scams, which emerged as the most significant security threat of 2024.
0 reply
10 recasts
25 reactions
amelia0brown9937 pfp
amelia0brown9937
@amelia0brown9937
Crypto phishing attacks involve hackers sharing fraudulent links with victims to steal sensitive information, such as crypto wallet private keys.
0 reply
10 recasts
24 reactions
sophia87bo9 pfp
sophia87bo9
@sophia87bo9
Phishing attacks were the most costly attack vector for the crypto industry in 2024, netting attackers over $1 billion worth of stolen digital assets across 296 incidents, according to CertiK’s annual Web3 security report published on Jan. 2.
0 reply
10 recasts
24 reactions
adam98994mi pfp
adam98994mi
@adam98994mi
“Phishing was the most costly attack vector last year,” a CertiK spokesperson told Cointelegraph. “Our figures are conservative, the actual figure is higher when you consider unreported incidents and other types of phishing scams like pig butchering.”
0 reply
10 recasts
25 reactions
alexander66 pfp
alexander66
@alexander66
Out of the 296 phishing incidents in 2024, at least three resulted in losses exceeding $100 million, highlighting the scale of damage possible.
0 reply
11 recasts
25 reactions
ariam6551 pfp
ariam6551
@ariam6551
Private key compromises were the second-largest threat after phishing scams, resulting in over $855 million worth of stolen crypto across 65 incidents in 2024.
0 reply
9 recasts
23 reactions
ameli6aron pfp
ameli6aron
@ameli6aron
BlackRock’s iShares Bitcoin Trust (IBIT) has just recorded its largest outflow since it launched a year ago — as United States trading resumed on Jan. 2.
0 reply
9 recasts
24 reactions
olivia533brown9 pfp
olivia533brown9
@olivia533brown9
It is the largest ever outflow since the product launched in January 2024, eclipsing the previous record of $188.7 million on Dec. 24, according to Farside Investors.
0 reply
9 recasts
23 reactions
jamesethansson pfp
jamesethansson
@jamesethansson
The move follows a market closure on New Year’s Day but marks the third consecutive trading day of outflows for the BTC investment product, which is another record. Over the past week, BlackRock’s iShares Bitcoin Trust has seen $392.6 million in outflows.
0 reply
10 recasts
15 reactions
jamesethansson pfp
jamesethansson
@jamesethansson
The move follows a market closure on New Year’s Day but marks the third consecutive trading day of outflows for the BTC investment product, which is another record. Over the past week, BlackRock’s iShares Bitcoin Trust has seen $392.6 million in outflows.
0 reply
10 recasts
15 reactions
davisamelia03741 pfp
davisamelia03741
@davisamelia03741
The regulator said it only approved four out of 35 applications for cryptocurrency firm registration in the past year, with 15 applications withdrawn and nine rejected.
0 reply
7 recasts
15 reactions
alexanderjones pfp
alexanderjones
@alexanderjones
0 reply
7 recasts
17 reactions
wilson1239ava pfp
wilson1239ava
@wilson1239ava
He argued the opinion “most obviously impacts” his charge of conspiring to violate the International Emergency Economic Powers Act (IEEPA), a law central to the US sanctions apparatus, as the appeals court found the smart contracts “are not the ‘property’ of a foreign national or entity,” meaning they “cannot be blocked” under the law.
0 reply
7 recasts
17 reactions
mayj27150 pfp
mayj27150
@mayj27150
The Fifth Circuit said Tornado Cash’s smart contracts are unable to be changed or removed and can be used by anyone — including sanctioned North Korean hackers — while the creators “would be powerless to stop them,” adding:
0 reply
7 recasts
16 reactions
angussmith4367 pfp
angussmith4367
@angussmith4367
Storm is also charged with conspiring to operate an unlicensed money-transmitting business and money laundering conspiracy. He said that this, too, should be scrapped.
0 reply
8 recasts
16 reactions
austinemma9109 pfp
austinemma9109
@austinemma9109
He argued that “Tornado Cash is not a financial institution” and that “there could be no agreement to commit money laundering because the Tornado Cash protocol became immutable in May 2020, four months before the alleged start of the conspiracy.”
0 reply
7 recasts
13 reactions
ariam6551 pfp
ariam6551
@ariam6551
The US charged Storm and fellow co-founder Roman Semenov in August 2023, accusing them of helping launder over $1 billion in crypto through Tornado Cash, including for the North Korean-linked hacking collective the Lazarus Group.
0 reply
11 recasts
17 reactions
ameli6aron pfp
ameli6aron
@ameli6aron
Investors filed a lawsuit against several entities involved in the launch of the Hawk Tuah (HAWK) memecoin on Dec. 19, alleging that the defendants engaged in the promotion and sale of an unregistered securities offering.
0 reply
9 recasts
16 reactions
olivia533brown9 pfp
olivia533brown9
@olivia533brown9
According to the legal filing, the defendants named in the lawsuit include the Tuah The Moon Foundation, OverHere Ltd, Clinton So, and Alex Larson Schultz — who allegedly promoted the memecoin. Attorneys for the plaintiffs wrote:
0 reply
9 recasts
14 reactions