Ukrainian Cybercriminal “Rabotnik” Sentenced to 13 Years for Orchestrating $700M Worth of Ransomware Attacks
Yaroslav Vasinskyi, a Ukrainian national known as “Rabotnik,” has been handed a prison sentence of 13 years and seven months for his role in ransomware attacks. According to a Wednesday Department of Justice announcement, Vasinskyi conducted over 2,500 ransomware attacks, demanding over $700 million in
AI Could Detect Money Laundering on Bitcoin Blockchain: Elliptic Report
Researchers from blockchain forensic firm Elliptic, IBM Watson and MIT have together made advances in using artificial intelligence (AI) to identify money laundering on the Bitcoin blockchain. A recent report released Wednesday by Elliptic revealed that the researchers used deep learning
Crypto Exchange Patricia’s CEO Denies Closure Rumors – Here’s The Latest
Patricia Exchange’s CEO Fejiro Hanu, has refuted rumors of the exchange’s closure, dismissing them as media sensationalism aimed at generating clicks. Patricia Exchange is the first platform to offer crypto exchange services in Nigeria. Hanu said, “I am done speaking to
Former FTX Europe Head Sets Record with $1.5M Purchase of Titanic’s Richest Passenger’s Gold Pocket Watch
Patrick Gruhn, the former head of FTX Europe, has acquired a gold pocket watch from the Titanic for nearly $1.5 million, marking the highest amount ever spent at auction on a piece of Titanic memorabilia. The watch belonged to John Jacob
Whales Dive Back Into Solana Meme Coins with SEALANA Crypto Presale Raising $100,000 in Minutes
Thursday, May 2, 2024 – A presale for Sealana ($SEAL), the all-American redneck seal, launched on Solana yesterday, taking in $100,000 within minutes of launch. In a sector dominated by land-roving canines, one marine mammal is trading his way out of
Pepe Price Prediction as PEPE Goes Up 14% – Is It Time To Buy?
The PEPE price has jumped by 14% in the past 24 hours, with the coin reaching $0.000007027 on a day when the crypto market recovers 2% from its recent downturn. PEPE is now down by 4% in a week but up
FBI Busts $43M Crypto and Las Vegas Hospitality Ponzi Scheme
The FBI arrested New York resident Idin Dalpour for defrauding investors of $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation. On May 1st, the Federal Bureau of Investigation (FBI), alongside a
Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi
In April 2024, Web3 saw a loss of over $53 million to hackers across 21 incidents, a 46% decrease when compared with the previous period, found the latest report by the crypto-focused bug bounty platform Immunefi. To be more precise, $53,074,827
Coinbase Debuts QCAD Stablecoin Amid Canadian Expansion
Coinbase Debuts QCAD Stablecoin Amid Canadian Expansion Quick Look: Coinbase introduced QCAD, a stablecoin pegged to the Canadian dollar. QCAD is backed by cash reserves, ensuring stability and transparency. The launch aligns with stricter Canadian crypto regulations and Coinbase’s expansion. Coinbase, a leading global cryptocurrency
Biden admin ripped by experts as antisemitism gets ‘worse’ over past 6 months: ‘Should have seen it coming’
Six months after Jewish groups warned the Biden administration that antisemitism in the United States is worse than it has ever been, Jewish leaders and a Middle East expert told Fox News Digital that things have only gotten worse and