Cybercriminals loot over $600 million from crypto projects in first half 2023

According to analysis from the Atlas VPN team, various crypto projects and their clients lost a whopping $666,354,302 to 125 cyberattacks in the first half of 2023.   Nevertheless, compared to the same period last year, crypto-related cyber incidents and losses are declining.   The Binance Smart Chain (BSC) ecosystem experienced the highest number of incidents, totaling 30,…

Tech Digest daily roundup: Cryptocurrency should be regulated as type of gambling, UK government told

UK authorities should regulate cryptocurrency trading as a form of gambling rather than a financial service, parliament’s Treasury committee has said after a fresh inquiry into the industry. The government must avoid wasting more taxpayer funds promoting tech innovations such as digital tokens, without demonstrating the clear benefits to the public, MPs said in a report…