Laurel Murphy

The hack On the morning of June 24th, hackers stole $100 million in Ether (ETH), Tether (USDT) Wrapped Bitcoin (WBTC) and BNB from the Horizon bridge. The bridge allowed users to transfer assets between the Horizon blockchain and other blockchains. The stolen cryptocurrency was immediately converted to ETH via Uniswap, a popular decentralized exchange (DEX). […]...

Ransomware is big business. The Chainalysis 2022 Crime Report estimated that in 2020, $692 million in ransoms were paid. In 2021, the conservative estimate is $602 million. The ransomware economy is diverse – approximately 140 ransomware strains received payment in 2021. Ransom amounts have also increased. In 2021, average payments were $118,000, up from $88,000 […]...