The U.S. Department of Justice, together with the two major stablecoin issuers, froze or secured approximately $2.7 billion in funds, which is nearly half of the more than $6 billion in assets stolen from Binance.
The FBI's cyber division issued a warning that North Korean hackers used FaceStealer social engineering techniques to steal encrypted assets and attack the software supply chain by impersonating video conferencing platforms. (Source: Bloomberg)
The U.S. Department of Justice has uncovered a $1.2 billion cryptocurrency theft case linked to North Korea.
The U.S. Department of Justice also dismantled a deepfake scam linked to the $6 billion Binance hack. (BWEnews)
Prediction market platform Kalshi is in talks with investors for a new funding round, valuing the company at $65 billion. This comes weeks after Kalshi completed a new funding round at a valuation of $40 billion. (Source: Bloomberg)
Louisiana Attorney General Liz Murrill has filed charges against prediction market operators including Kalshi, Polymarket, Coinbase, and Robinhood, accusing them of illegal gambling and seeking an immediate injunction.