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Hardware Wallet Thief Gets 78 Months in Prison Over $250M Crypto 'Heist'

A thief who stole hardware wallets containing cryptocurrencies valued at approximately $250 million has been sentenced to 78 months in prison. The individual was found guilty of orchestrating a scheme to steal digital assets from various victims. The court highlighted the significant impact of the theft on the victims and the broader cryptocurrency community. This case underscores the increasing risks associated with cryptocurrency security and the legal consequences of such crimes. The sentencing serves as a warning to others involved in similar illicit activities.

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Quantum attacks could worsen without proof of ownership: Near One

Near One warns that the threat of quantum attacks on blockchain technology could escalate if proof of ownership mechanisms are not established. The company emphasizes that without these mechanisms, the security of digital assets may be compromised as quantum computing advances. They highlight the need for the crypto industry to

Bithumb enters Vietnam crypto license race with SSI Digital deal

Bithumb, a major South Korean cryptocurrency exchange, has partnered with SSI Digital to pursue a crypto license in Vietnam. This collaboration aims to establish a legal framework for cryptocurrency operations in the country, which is increasingly looking to regulate the digital asset market. The move comes as Vietnam's

Luffa unveils major brand upgrade: Repositioned as AI × Web3 Super Connector

Luffa has announced a significant rebranding, positioning itself as a super connector between AI and Web3 technologies. The upgrade aims to enhance its offerings and facilitate better integration of artificial intelligence within the decentralized web ecosystem. This strategic shift is expected to attract new partnerships and expand Luffa's

Bitcoin lenders say institutions want crypto credit to look more like TradFi

Institutional lenders in the Bitcoin space are expressing a desire for crypto credit products to resemble traditional finance (TradFi) offerings. They believe that aligning crypto lending practices with established financial standards will attract more institutional investors. Key areas of focus include enhanced regulatory compliance, risk management frameworks, and clearer credit

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Quantum attacks could worsen without proof of ownership: Near One

Bithumb enters Vietnam crypto license race with SSI Digital deal

Luffa unveils major brand upgrade: Repositioned as AI × Web3 Super Connector

Bitcoin lenders say institutions want crypto credit to look more like TradFi