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The Securities and Exchange Commission (SEC) has secured a significant victory, obtaining a $5.4 million judgment against NanoBit. The ruling follows allegations that NanoBit operated a fraudulent cryptocurrency trading platform and misappropriated investor funds.
Discover how private key mismanagement, not smart contracts, accounts for 40% of crypto's massive hack losses. Learn about the industry's ongoing efforts to mitigate this critical security flaw.
Decentralized prediction market Polymarket has suffered a significant hack, losing $3.1 million in user funds just days after assuring users of full reimbursement. The incident raises further concerns about platform security and transparency.
Decentralized finance platform SecondFi outlines its recovery strategy after a recent exploit impacted its Cardano wallet. The company assures users that asset return is imminent following a swift forensic investigation.
South Korean regulators have imposed a $136,000 fine on Bithumb, one of the country's largest cryptocurrency exchanges, for illegally sharing user data with overseas platforms. This action highlights the growing importance of data privacy regulations in the digital asset space.
Cryptocurrency exchange CoinEx is refuting claims by TRM Labs that it facilitated over $3.8 billion in transactions with sanctioned Iranian crypto entities. The exchange maintains its commitment to regulatory compliance.
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