FBI Warns Investors to Take Precautions with Decentralized Financial Platforms

The U.S. Federal Bureau of Investigation FBI on Monday warned of cyber criminals increasingly exploiting flaws in decentralized finance DeFi platforms to plunder cryptocurrency. "The FBI has observed cyber criminals exploiting vulnerabilities in the smart contracts governing DeFi platforms to ste...

Tornado Cash Developer Arrested After U.S. Sanctions the Cryptocurrency Mixer

Dutch authorities on Friday announced the arrest of a software developer in Amsterdam who is alleged to be working for Tornado Cash, days after the U.S. sanctioned the decentralized crypto mixing service. The 29-year-old individual is "suspected of involvement in concealing criminal financial flo...