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BIZARRE: 3 - You Need To See This

Hackers stole billions of dollars of crypto in 2023

Crypto thefts are still less than what was stolen in 2022, or in 2021.

TechRadar

The crypto use case of 2023: Law enforcement

Respondents to a TRM Labs survey estimated that 40% of offenses investigated by their agencies involved crypto.

Fortune

Attorney-Eyes-Only Disclosure of Heuristics Used by Government in Analyzing Blockchain Transactions

From Thursday's decision by Judge Randolph Moss (D.D.C.) in U.S. v. Sterlingov, which holds that defendant Roman Sterlingov should be barred from "personally reviewing" "the sensitive, supplemental heuristic information that was created by the government's expert (for the benefit of the defense) and provided to the defense in September 2023,"…

Reason

From analysis to the latest developments in health,
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The Wall Street Journal and Liz Warren double down on the Hamas crypto canard

Warren's failure to acknowledge a mistake is understandable. The Journal's is less so.

Fortune

Why have Bitcoin prices doubled since the start of the year?

A combination of economic and regulatory factors are thought to be behind a lift in investor confidence

Evening Standard

Is cryptocurrency helping Hamas fund terrorism?

The US and Israel have stepped up their efforts to limit cryptocurrency transfers to Hamas since the group’s brutal October 7 attacks on Israel. Bitcoin, Dogecoin and Ethereum are increasingly blamed as conduits of funding for Islamist groups, but to what extent is this justified?

France 24

Asia is a crypto bright spot amid global slump, report finds

Chainalysis released its annual adoption index on Tuesday.

Fortune

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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

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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Fortune

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.

Tribune News Service

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.

Roll Call

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.

The Conversation

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.

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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

The Times of India

In charts: October biggest month ever for crypto hackers;$3 billion stolen in 2022 already

NEW DELHI: October emerged as the biggest month ever for crypto hacking activities as over $718 million has been stolen from decentralized finance protocols so far this month, according to data analysed by blockchain specialist Chainalaysis.

Evening Standard

Plunging pound could be lifting UK crypto growth

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

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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