South Korean Crypto exchange Bithumb made a descent to the use of funds by the ex-CEO

The South Korean authorities have launched an investigation into the local exchange of the Bithumb cryptocurrency, adding to the legal problems of the company. The police performed a search and a crisis at the headquarters of Bithumb to Seoul as part of the investigation, South Korean newspaper Chosun every day reported Wednesday, quoting a declaration…

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Kaspersky Reports 135% Increase in Discussions About Cryptocurrency Drainers

Kaspersky research identified a significant increase in discussions on the dark web regarding crypto drainers, a form of malware, with the number of associated threads increasing by 135% between 2022 and 2024. According to Kaspersky’s findings, crypto drainers are designed to execute fraudulent transactions to steal digital currency. The methods used by these drainers include…

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