DeFi faced its worst quarter since 2023 as it lost $300 million in Q2. Halfway through 2025, the crypto industry has already suffered over $3.1 billion in losses from hacks, scams, and exploitations. According to Hacken’s latest report, this year has emerged as one of the most damaging in recent...
EU Regulators Probe OKX’s Web3 Role in Bybit Crypto Laundering Case
OKX has denied involvement in laundering Bybit's stolen funds, and stated that its Web3 wallet operates like other industry-standard self-custody services. European regulators are closely examining the role of OKX in laundering funds from a massive cyber heist on Bybit. National regulatory bodies across the European Union deliberated on the...
