According to a government minister, Malaysia lost $ 727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods to detect unauthorized mining activity. Illegal Crypto Mining Detrimental To Malaysians Says Minister Between 2018 and 2023, the theft of electricity by illegal …
On Friday, July 5, 2024, at 8 p.m. EDT, as bitcoin’s price hovered around $ 56,500 per unit, a dormant wallet, created on Nov. 24, 2013, transferred over 1,000 BTC, valued at $ 56.5 million, at block height 850,855. Long-Inactive Bitcoin Wallet Transfers Over $ 56M At 8 p.m., or Bitcoin block …
Digital assets worth over $ 572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $ 920.9 million. Decentralized finance (defi) platforms lost approximately $ 172.1 million across 63 incidents. …
According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $ 13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since their acquisition. Spending 200 Bitcoin Unveils Previous Transactions From 2013 …
According to Turkish authorities, the country’s law enforcement agencies have disrupted a criminal syndicate that lured unsuspecting residents into investing in a Ponzi scheme disguised as a cryptocurrency investment. The syndicate is reported to have swindled $ 1 billion from investors who were deceived by the scammers’ promise of high profits and zero risks. …