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Weekly Blockchain Blog - May 2024 #3 | BakerHostetler

Crypto Custody, Stablecoin Products Launch; El Salvador is Mining Bitcoin - According to a recent press release, Fireblocks has launched the Fireblocks Global Custodian.

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Crypto Industry Lost $71M To Security Incidents Last Week: Blockchain Security Firm

The crypto sector has been flagged multiple times for being vulnerable to exploits and scams unless strong security measures are in place, and such vulnerability was once again highlighted last week,

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April Sets Record Low for Losses in Crypto Hacks and Scams; Will the Trend Continue?

April Sets Record Low for Losses in Crypto Hacks and Scams; Will the Trend Continue?
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Tornado Cash Most Used In Majority Of Security Incidents During Q1: Security Firm

CertiK revealed that OFAC-sanctioned Tornado Cash was still used by threat actors in most of the security incidents in crypto in the first three months of the year.

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US Charges 3 In $400 Million Sim-Swapping Hack Linked To FTX

A U.S. court has charged three individuals for staging a SIM-swapping hack that reportedly victimized FTX, Sam Bankman-Fried s fallen crypto exchange.

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