NEW YORK—Top officials from the U.S. Treasury Department, the Commerce Department and the New York State Department of Financial Services said that when it comes to the digital assets industry, the involvement of the private sector is crucial—not only for its technological advancement but also to ensure it isn’t being...
NEW YORK—The number of cases of alleged digital asset fraud and manipulation continues to accelerate, the head of the Commodity Futures Trading Commission said. “Headlines about the loss of tens of millions of dollars in digital assets due to protocol exploits, phishing attacks, preying on vulnerable people and other fraudulent...
One of the biggest scams in crypto now is rug pulls, in which investors put money into a project — such as NFTs — with an expectation of receiving something in particular, only to be met with broken promises. For instance, the makers of the $SQUID token, based on the popular...
The U.S. Treasury Department on Thursday added a new Ethereum address to its sanction list and linked it to North Korean hackers known as the Lazarus Group. Blockchain researchers said the address was likely behind the March hack of Ronin Bridge, a blockchain network connected to the popular play-to-earn game...
MIAMI BEACH, Fla.—Increased regulatory guidance is crucial to the continuing growth of the cryptocurrency sector in the U.S., said panelists Thursday at one of the largest bitcoin conferences of the year. But uncertainty about how the U.S. will write its cryptocurrency regulation remains one of the top barriers for both...
