Crypto Lost $940M to Hackers in Six Months — Audits Stopped Almost None of It
Security firm ack3 documented 135 exploits costing $939.86M in H1 2026, with security audits failing to prevent 94% of the damage.…
Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
Security firm ack3 documented 135 exploits costing $939.86M in H1 2026, with security audits failing to prevent 94% of the damage.…
Galaxy Research has identified 1,196 addresses that lost 1,082.65 BTC in just 41 minutes, pushing estimated losses from the Coldcard wallet incident to $70 million.…
A critical firmware vulnerability in Coldcard hardware wallets allowed attackers to reconstruct seed phrases and drain $70 million in BTC in under an hour.…
A Bank of Italy research paper concludes stablecoin remittances hold no consistent cost advantage, with fiat conversion and infrastructure — not blockchain fees — driving most differences.…
The Reserve Bank of India attracted $41 billion in foreign currency inflows in just two months through targeted capital-flow measures, signaling renewed confidence in emerging-market monetary policy.…
Minnesota has enacted a ban on cryptocurrency kiosks after residents lost nearly $1 million to scams, marking a significant consumer protection milestone.…
Distribution agents have begun releasing funds in FTX's fifth creditor reimbursement round, with ex-users reporting receipt of payments tied to their 2022 losses.…
Ramp launches stablecoin accounts for business customers, unifying fiat and digital payments on one platform to challenge SWIFT's $150–180 trillion annual flow.…
Cognizant launches a dedicated EMEA AI Unit to help enterprises move agentic AI from pilot to production under its Frontier Deployed Engineering model.…
NatWest Group has named former Deutsche Bank and LSEG executive Triona O'Keeffe as its new Chief Data and Analytics Officer, effective January 2027.…
Revolut partners with OpenAI to offer retail customers up to 12 months of free ChatGPT Go access, bundled directly into its tiered banking subscription plans.…
MiFinity launches PayAnyCoin, a stablecoin payout service powered by BVNK infrastructure — the same firm Mastercard agreed to acquire for up to $1.8 billion in 2026.…