Tag: Jones Crypto
Crypto Sector Suffers $88M Loss From October Hacks: Report
Key incidents included a $53 million loss at Radiant Capital and a $20 million breach of a U.S. government-controlled wallet.
Crypto Scam Operator Sentenced to 20 Years, Ordered to Forfeit $3.6M
Victims tracked fake profits via an online portal; the perpetrator delayed payouts with excuses and hidden fees.
Crypto Investor Loses $36M to Permit Phishing Scheme
Permit phishing scams exploit user approvals in DeFi, tricking them into granting access to their wallets.
Crypto Companies Pour $170M into Premier League Sponsorships
With front-of-shirt gambling sponsorships set to be banned by mid-2026, crypto companies are stepping in to fill the revenue gap.
Crypto Losses from Hacks Surpassed $313 Million in August
Crypto faced significant losses in August due to multiple phishing attacks and exploits, adding to $1.21 billion lost in 2024 so far.
Crypto Trading Volume Up 19% in July After Four-Month Decline: CCData
In July, the crypto markets experienced a major resurgence, marked by substantial trading volume growth and evolving market dynamics.
Crypto Deposits to Chinese Drug Producers’ Addresses Double in Early 2024 Compared to 2023
Bitcoin remains the dominant cryptocurrency for these transactions, accounting for around 60% of total payment volume.
Crypto Fear and Greed Index Soars to Highest Level Since Bitcoin’s ATH in 2021
After more than two years, the Crypto Fear and Greed Index has reached an “extreme greed” level of 79 out of 100.
Crypto Is Bad? Cash Still the Primary Tool for Money Laundering, US Treasury Reports
Although fiat currencies continue to be the primary medium for money laundering, the rise of digital assets is presenting a growing concern.
Crypto Firms Faced Nearly $6B in Fines in 2023 for AML Violations
Crypto firms faced 11 fines in 2023, up from an average of less than two per year in the previous five years.
