SEC Launches Specialized Unit to Combat Crypto and Tech-Related Fraud
The SEC establishes the Cyber and Emerging Technologies Unit (CETU) to investigate cryptocurrency scams, AI fraud, and cybersecurity threats. Led by Laura D'Allaird, this 30-person team represents a focused approach to balancing investor protection with technological innovation.
SEC Restructures Crypto Unit, Signals Shift in Digital Asset Enforcement
The SEC's cryptocurrency enforcement division undergoes major rebranding to 'Cyber and Emerging Technologies Unit', reducing staff from 50 to 30 specialists. This transformation marks a potential departure from aggressive crypto regulation, while expanding focus to other emerging technologies.
Chinese Programmer Burns $7M in Ethereum, Claims Mind Control Conspiracy
A Chinese programmer has burned and donated $7 million worth of Ethereum while leaving disturbing messages about alleged mind control technology on the blockchain. The individual accused executives at hedge fund Wizard Quant of using brain-computer weapons to control employees, raising concerns about their mental state.
OneKey Pro Hardware Wallet Review: Premium Security Meets Advanced Functionality
A detailed analysis of the OneKey Pro cryptocurrency hardware wallet reveals superior security features and extensive crypto support across 60+ blockchains. The device combines EAL 6+ certification, biometric authentication, and air-gap signing with an intuitive touchscreen interface.
ZkLend Offers 10% Bounty to Hacker Following $9.5M Protocol Exploit
DeFi lending protocol ZkLend suffered a $9.5 million security breach, prompting them to offer the hacker a 10% bounty for returning the stolen funds. The incident adds to the growing security concerns in crypto, with over $100 million already stolen from blockchain projects in early 2025.
Cyprus Crypto Scam: Resident Loses €430,000 in Sophisticated Investment Fraud
A Limassol resident lost €430,000 after falling victim to fraudsters posing as investment platform representatives who gained access to their crypto wallet. The scammers lured the victim with false promises of $1.5M profits before authorities discovered the elaborate scheme.
New Crypto-Stealing Malware 'SparkCat' Infiltrates Apple and Google App Stores
A sophisticated malware campaign using OCR technology to steal crypto wallet data has infected both major mobile app stores, with over 242,000 Android downloads reported. The 'SparkCat' malware analyzes photo galleries for sensitive information while masquerading as legitimate apps.
Ledger Co-Founder and Wife Rescued After Cryptocurrency Kidnapping Plot
David Balland, co-founder of Ledger hardware wallet company, and his wife were safely freed following their abduction from their French home. The incident highlights growing security concerns in the cryptocurrency industry as executives increasingly become targets for physical attacks and ransom demands.
Nasdaq X Account Hack Leads to $123M Memecoin Scam
A cybersecurity breach of Nasdaq's X social media account was exploited to promote a fraudulent 'STONKS' cryptocurrency that briefly reached $123M market value. The incident highlights growing concerns about social media security and cryptocurrency scams targeting major financial institutions.
OpenSea Data Breach Exposes 7 Million User Emails, Raising Security Concerns
A massive data leak from 2022 affecting over 7 million OpenSea users has now become fully public, heightening phishing risks. The breach, originally caused by a Customer.io employee, exposed email addresses of prominent crypto figures including former Binance CEO CZ.