Cryptocurrency
Crypto audits give investors false sense of security as Q3 hacks cost $1.18 billion, Hacken says
The security firm found that 77% of third-quarter losses involved compromised suppliers, delayed fixes or systems outside the latest security reviews.
Polygon sees Coinme acquisition as entry to payments sector dominated by Visa, Stripe
CEO Marc Boiron said the Coinme acquisition will help Polygon control customer relationships and capture revenue that previously went to payment intermediaries.
Australia’s financial watchdog seeks stiffer rules for crypto exchanges ahead of licensing deadline
The country’s regulator, ASIC, has proposed tougher rules to protect users’ digital assets, crypto trading and to safeguard the country’s financial stability.
Hex founder Richard Heart arrested in Istanbul, Turkish media report
Police reportedly seized $4 million in cash and 64 luxury watches during a raid on the crypto founder's Istanbul residence.
Ledger says 'spy' chip inside CryptoBilis Ledger devices transmitted wallet keys over mobile network
Ledger announced MediaMarket Saturn stopped selling devices after a customer found a corrupted signer in Germany.
‘Bunker mode’ is a far greater challenge for institutions than individual crypto holders
As crypto debates whether holders should move funds before AI or quantum advances expose wallet keys, custody firms face a separate problem: upgrading systems before an emergency migration.
San Bernardino autopsy rules former Hack VC partner Hsin-Ju Chuang took her own life
A California Highway Patrol spokesperson told CoinDesk via email that her death is still being investigated.
Crypto longs worth $570 million wiped out as Clarity Act fails
Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses.
U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales
Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military.
From Hawala to Swift: Inside the 1,000-year battle to move money safely
Finance has spent centuries decoupling wealth from physical transport, but constantly erasing friction creates vectors for increasingly high-tech exploits.
