A former senior security engineer was sentenced to three years in prison for executing sophisticated hacks against two decentralized cryptocurrency exchanges, stealing over $12 million worth of digital assets. Shakeeb Ahmed, 34, of New York, pleaded guilty to computer fraud charges related to the July 2022 hacks. He exploited vulnerabilities in the

The price of Bitcoin has plummeted more than 7.5% in the last 24 hours, plunging to around $62,000 on several major exchanges. At the time of this publication, Bitcoin is trading at approximately $64,300 per unit. Bitcoin’s downfall was not an isolated event. The S&P 500 index, which comprises the largest American companies, also experien

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  On numerous occasions, China has banned various activities with bitcoin (BTC) and cryptocurrencies, including trading, transactions, and mining. For this reason, in mainland China, the launch of exchange-traded funds (ETFs) based on this type of financial asset is not permitted. However, Hong Kong, while part of China, is considered a ‘spec

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Understanding Blockchain Intelligence and AML Services What is Blockchain Intelligence? Blockchain Intelligence refers to the process of gathering, analyzing, and interpreting data from blockchain networks to extract meaningful insights. This involves tracking transactions, identifying patterns, and establishing connections between different addres

The Rise of Dogecoin: Exploring the Surge Triggered by a Mysterious Wallet Transaction Dogecoin (DOGE) enthusiasts woke up to exciting news as the price of the beloved meme coin surged by 10.1%, catapulting past the $0.20 milestone in just 24 hours. But what’s behind this sudden surge? Let’s dive in. A Mysterious Transaction At the [&he