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From the college kid who made millions on a meme stock to Kim Kardashian's crypto misadventures, here are 7 of the craziest stories from markets in 2022
This year was a doozy for markets. From Razzlekhan to Kim Kardashian's run-in with the SEC, here ar…
Jennifer Sor
Binance CEO says the crypto exchange seized $5.8 million from a North Korean network behind a recent $620 million Axie Infinity hack
"The DPRK hacking group started to move their Axie Infinity stolen funds today," said Binance CEO C…
Carla Mozée
Axie Infinity's developer just raised $150 million in a funding round led by Binance to start reimbursing victims of the historic $625 million crypto hack
Other companies involved include blockchain game company Animoca, venture capital firms a16z and Di…
Phil Rosen
A hacker just stole over $600 million in crypto. Experts explain the historic swindle and why cyberattacks shouldn't discourage adoption of digital assets.
Experts said the $600 million crypto swindle that hit Axie Infinity's Ronin Network isn't the block…
Phil Rosen
Crypto blockchain hackers have stolen almost $700 million in just 3 months this year, with solana and Binance smart chain hit hard
Attacks on the solana and Binance smartchain ecosystems accounted for well over half of the amount …
Hamza Fareed Malik
US Justice Department makes largest-ever financial seizure after recovering $3.6 billion worth of bitcoin tied to 2016 hack of Bitfinex
"Today, federal law enforcement demonstrates once again that we can follow money through the blockc…
Natasha Dailey
Poly Network says all $610 million stolen by a hacker has been returned after Tether released the final $33 million
Poly Network has taken the unusual step of embracing the apparent hacker, who stole $610 million in…
Harry Robertson
Foreign crypto exchanges in India may have to pay 18% GST as the government mulls over taxation
The 18% slab is meant for capital goods and industrial intermediaries, among other times, while …
The US Justice Department is selling $56 million worth of crypto seized in massive bitcoin investment fraud case
The $2 billion BitConnect scheme is the largest cryptocurrency fraud ever criminally charged, the J…
Natasha Dailey
Here’s everything you need to know about the Crypto Climate Accord — the push to make cryptocurrencies 100% green
And, by 2040, it wants the crypto industry to reach ‘net zero’ emissions — or carbon neutral. …
Coinbase is looking to expand and has a $4 billion war chest to hedge against a possible ‘crypto winter’
Most market indicators show a slowdown in trading volumes since May, following crackdowns …
A Coinbase user lost $11.6 million in under 10 minutes after falling for a fake-notification scam, the US Attorneys Office said
A Coinbase user bought 200 bitcoin, then got a fake notification from a scammer and lost $11.2 mill…
Kevin Shalvey
South Africa’s $4 billion in crypto scams has regulators scrambling to bring in new regulations within the next three to six months
The second phase will involve coming out with investor-protection guidelines and rules for m…
The world's largest crypto exchange is having a hard time convincing regulators with multiple bans piling up
While developing countries are thinking of adopting Bitcoin as a legal tender, following El Salv…
Japan is increasing vigilance on crypto — to hire more employees and explore CBDC
The island nation was the first country in the world to put a law in place that defined ‘crypto …
Solana is the latest target of a crypto hack just days after nearly $200 million was swiped in the Nomad bridge heist
Nearly $1 billion has been lost to crypto heists targeting bridges this year. Solana became the lat…
Brian Evans
South Korean banks are creating custody companies to deal with cryptocurrencies — without having to touch the asset itself
Previously, the exchanges offered independent wallet-like services to store a users’ holding…
China's oldest crypto exchange exits cryptocurrency business amid government crackdown on Bitcoin mining
However, unlike BTCC, many crypto exchanges that Chinese citizens were using st…
'Dr. Doom' Nouriel Roubini has said crypto is 'totally corrupt.' Now he's launching his own token.
The token will be pegged to investments Roubini has touted in the past, including gold and other co…
Jennifer Sor
Lionel Messi’s NFT crypto art collection ‘Messiverse’ is dropping on Ethernity tomorrow
The images in question are of Lionel Messi, portrayed as a superhero, a Greek hero and more, i…