Category: Security
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U.S. Department of the Treasury: 2024 National Strategy for Combating Terrorist and Other Illicit Financing
Outreach to the industry to ensure that VASPs engaged in money transmission and business activities in the United States are registered and comply with all AML/CFT requirements and sanctions obligations. Hold financial institutions accountable that fail to meet AML/CFT requirements and sanctions obligations. Cooperate with foreign jurisdictions that have weak or non-existent AML/CFT regimes for… Read more
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[HACKEN] Web3 Security Report | 2024 Q2
📉 Reduction in Hacks: Q2 2024 saw a significant decrease in the number of crypto hacks compared to Q1, indicating a potentially positive trend in security. 📈 Increase in Financial Losses: Despite fewer hacks, the total amount of funds lost in Q2 2024 nearly matched the total losses for all of 2023, suggesting that the… Read more