New Zealand digital assets exchange Cryptopia has suspended services after detecting a major hack that has reportedly “resulted in significant losses,” according to a tweet posted today, Jan. 15. The exchange revealed in the tweet that the hack occurred yesterday, Jan. 14. The platform had initially informed the public it was undergoing unscheduled maintenance, issuing several similarly laconic updates before today’s official disclosure of the breach. […]

United States federal agencies reportedly raided the office of a Michigan-based science and tech center last month during a crypto-related investigation, local news outlet Wood-TV reported Jan. 5. As Wood-TV reported, Chris Boden, the founder of The Geek Group, made a live public statement on YouTube Saturday night, which has evidently since been deleted. Boden reportedly claimed the office of […]

Securities Commissioner Karen Tyler of North Dakota, U.S., has issued a cease and desist order against a Russian Initial Coin Offering (ICO) that posed as Liechtenstein Union Bank, according to a Monday, Nov. 19 press release. The state Securities Department’s ICO Task Force conducted an investigation and found out that the website of the fraudulent ICO mimicked Union Bank […]

Brazil’s antitrust regulator has sent a questionnaire to crypto exchanges whose banks accounts have previously been closed, major Brazilian financial newspaper Valor Economico reportsTuesday, October 20. The Brazilian Administrative Council for Economic Defense (CADE), operated by the local Ministry of Justice, sent the questionnaire to ten companies: Bitcoin Market, Bitcambio, BitcoinTrade, Foxbit, Walltime, Braziliex, BitBlue, Open Digital […]

The Commodity Futures Trading Commission (CFTC) filed charges against two defendants for allegedly going to a number of lengths in attempts to steal bitcoin. The regulator announced late Friday that it was charging two individuals using the names Morgan Hunt and Kim Hecroft for “fraudulent solicitation, impersonation of a CFTC investigator and forging CFTC documents” as part […]

The U.S. House of Representatives passed a bill on September 26 that would establish a crypto task force to combat terrorist use of cryptocurrencies, public records indicate. House Resolution (H.R.) 5036, which represents an amended version of the bill proposed by Rep. Ted Budd (R-NC) to the Committee on Financial Services in January, establishes an “Independent Financial Technology Task Force” to fight […]