#CryptocurrencyRisk

Hackers Stole $1.49 Billion in Cryptocurrency to Date in 2024

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December 3, 2024 at 07:13AM In 2024, cryptocurrency losses reached nearly $1.49 billion, primarily due to hacks, according to Immunefi. This is a reduction from last year’s $1.75 billion. November losses were over $71 million, with 24 hacking incidents reported. BNB Chain was the most targeted, accounting for 46.7% of total losses. ### Meeting Takeaways … Read more

FBI warns against using unlicensed crypto transfer services

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April 25, 2024 at 05:19PM The FBI warned against using unlicensed cryptocurrency platforms due to financial risks and potential law enforcement takedowns. It advised checking for Money Services Business registration, providing KYC information, and being cautious with cryptocurrency services. This comes after the takedown of Samourai, its founders’ charges for money laundering, and the substantial … Read more