In a bold statement at the recent Token2049 conference in Singapore, Chainalysis CEO Michael Gronager predicted that government prosecutors and tax authorities will increasingly harness artificial intelligence (AI) to combat crime on the blockchain within the next five years.
Read MoreAccording to a report by Immunefi, cryptocurrency losses due to hacks and rug pulls amounted to over $473 million across 108 incidents in 2024. In May alone, $52 million was stolen, with Gala Games and SonneFinance being the hardest hit, losing $21 million and $20 million respectively.
Read MoreAccording to a report by local media outlet Kyunghyang Shinmun on May 5, newly amended donation legislation in South Korea excludes digital currencies from accepted forms of donation.
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