Former NYC Mayor Eric Adams has come under fire after his new cryptocurrency token crashed just hours following its launch on Monday. As reported by CoinDesk, Adams’ “NYC Token” hit a $580 million market capitalization at its peak before plummeting to around $130 million at this time of writing. Data from the blockchain analysis platform, […]
Hackers gained access to some Betterment customers’ personal information through a social engineering attack, then targeted some of them with a crypto-related phishing message.
Betterment, a financial app, sent a sketchy-looking notification on Friday asking users to send $10,000 to Bitcoin and Ethereum crypto wallets and promising to “triple your crypto,” according to a thread on Reddit. The Betterment account says in an X thread that this was an “unauthorized message” that was sent via a “third-party system.” Here’s […]
Ilya Lichtenstein, who pled guilty to money laundering charges tied to his role in the massive hack of crypto exchange Bitfinex, has apparently been released early from prison.
Just over a year after being sentenced to five years in prison for the theft of billions of dollars in Bitcoin, hacker Ilya Lichtenstein is free. Lichtenstein announced his release in a post on X, specifically crediting Trump: “Thanks to President Trump’s First Step Act, I have been released from prison early. I remain committed […]
This was another banner year for crypto hacks and heists — 2025 was the third year in a row that a new crypto theft record was set.
Bitcoin culture, by nature, is anarchical and chaotic. It has to be, given the nature of Bitcoin itself and the people who adopted it: free-market libertarians who’ve gone all in on turning computer code into a form of money divorced from central banks, government intervention, and traceability. In short, it’s the exact opposite culture of […]