US EditionSecuring digital assets as crypto crime surges
4 Articles
4 Articles
MIT Technology Review
Cryptocurrency News | Cryptocurrency Prices | Market CapSecuring digital assets as crypto crime surges
In February 2025, cyberattackers thought to be linked to North Korea executed a sophisticated supply chain attack on cryptocurrency exchange Bybit. By targeting its infrastructure and multi-signature security process, hackers managed to steal more than $1.5 billion worth of Ethereum in the largest known digital-asset theft to date. The ripple effects were felt across the cryptocurrency market, with the price of Bitcoin dropping 20% from its reco…
Ultimate Guide to Securing Digital Assets in the Era of Surging Crypto Crime
Introduction: A Wake-Up Call for Crypto Holders Crypto crime is on the rise, and no one is safe. In early 2025, hackers linked to a nation-state pulled off the biggest digital asset theft ever. They hit a major exchange through a clever supply chain attack, walking away with over $1.5 billion in Ethereum. This event shook the market, sending Bitcoin prices down 20% from their peak. Now, 2025 is shaping up to be the worst year yet for crypto thef…
By 2025, cryptocurrency money laundering had reached record levels. Over $150 billion linked to crime was identified on blockchains. This surge stemmed from the activities of Russia, Iran, and North Korea, which had adopted cryptocurrencies to circumvent Western economic sanctions.
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