185 Blockchain Hacking Incidents with $920M Loss Reported by SlowMist in First Half of 2023

SlowMist, a renowned blockchain security firm, has recently published its mid-2023 report on Blockchain Security and Anti-Money Laundering (AML). The report offers a comprehensive overview of the current global landscape of blockchain security and AML developments. The first half of 2023 witnessed significant growth and increased security challenges in the blockchain sector. According to SlowMist’s Blockchain Hacked Incident Archive, there were 185 security breaches leading to a massive loss of $920 million. However, this figure represents a 54% decrease compared to the first half of 2022, which saw losses of…

JPM Shares Down 1% as JPMorgan Agrees to Pay $920M in Settlement

The JPMorgan settlement case has expectedly resulted in the firm’s shares losing 81 cents (0.84%) of their value on Tuesday. The shares of investment banking giant JPMorgan Chase & Co (NYSE: JPM) dipped on Tuesday following reports that the firm will be paying about $920 million in settlement to clear off its market manipulation or ‘spoofing’ charges levied by the Commodity Futures Trading Commission (CFTC). Per the official release from the CFTC, the JPM settlement became necessary as the firm and its subsidiaries including JPMorgan Chase Bank, N.A., and J.P.…