The Illinois Senate has passed a new bill, Senate Bill 1797, with a vote of 39 to 17 to combat cryptocurrency fraud and protect investors. This law, known as the Digital Assets and Consumer Protection Act, aims to regulate digital asset businesses in the state. Under this bill, any company dealing with cryptocurrencies must register ...
In the first quarter of 2025, crypto theft surged dramatically, with over USD 1.67 billion stolen in 197 attacks, including a historic heist where North Korean hackers took USD 1.5 billion in Ethereum from ByBit. This alarming trend highlights the growing risks associated with cryptocurrency, as thieves exploit the decentralized and swift nature of these ...
As the shift to Web3 technologies grows, the security of digital currencies becomes increasingly important for everyone involved. Cryptocurrencies like Bitcoin and Ethereum, while revolutionary, introduce complex risks. In 2024, over $2.2 billion was lost to crypto hacks, a trend that intensified in early 2025 with nearly $2 billion in thefts attributed to sophisticated groups ...
