Archives

July 2, 2026 @ 8:21 am By Omar Faridi  |  

Blockchain intelligence firm TRM Labs has released its analysis of cryptocurrency hacks and exploits during the first half of 2026, painting a picture of heightened activity alongside reduced financial impact. The period saw a record 207 distinct incidents—the highest count in any six-month span tracked… Read More

June 27, 2026 @ 12:34 pm By Omar Faridi  |  

TRM Labs has pointed out that wildlife trafficking stands as one of the planet’s most destructive and profitable criminal enterprises. TRM Labs also explained in a blog post that it now generates between $23 billion and as much as $281 billion annually when linked crimes… Read More

June 21, 2026 @ 1:34 am By Omar Faridi  |  

TRM Labs has pointed out that the UK has designated HTX—one of the world’s largest cryptocurrency platforms—along with 17 related entities and individuals. According to insights from TRM Labs, this latest action marks the first time regulators have targeted a crypto exchange of this magnitude,… Read More

June 17, 2026 @ 8:11 am By Omar Faridi  |  

On June 15, 2026, the European Union rolled out a new wave of restrictive measures aimed at curbing Russia’s ongoing military campaign in Ukraine. Blockchain analytics firm TRM Labs highlighted how these actions target key pillars supporting Moscow’s efforts, including its defense industry, energy exports,… Read More

June 16, 2026 @ 8:08 am By Omar Faridi  |  

Blockchain intelligence firm TRM Labs has highlighted a notable incident involving Tornado Cash, underscoring persistent risks in decentralized finance even after significant regulatory shifts. On June 9, 2026, an attacker withdrew approximately 664 ETH—valued at around $2.7 million—from Tornado Cash pools. These funds were then… Read More

June 16, 2026 @ 2:53 am By Omar Faridi  |  

Blockchain intelligence firm TRM Labs has issued an early alert on rising cryptocurrency scams linked to the upcoming FIFA World Cup 2026. According to their analysis, fraud operators are already deploying various schemes aimed at enthusiastic supporters, capitalizing on heightened excitement around the global tournament…. Read More

June 13, 2026 @ 3:16 pm By Omar Faridi  |  

A recent collaborative probe has shed new light on Russia’s sophisticated sanctions-evasion strategies, highlighting the role of digital assets in a financial setup known as the A7 network. Blockchain intelligence firm TRM Labs joined forces with the Open Source Centre to scrutinize this system, drawing… Read More

June 12, 2026 @ 2:59 pm By Omar Faridi  |  

TRM Labs noted that on June 9, 2026, Belgian authorities secured convictions against seven individuals linked to an extensive international network backing the Islamic State (ISIS). The court imposed prison terms ranging from five to 15 years, plus significant monetary fines. TRM Labs has also… Read More

May 27, 2026 @ 3:37 am By Omar Faridi  |  

On May 26, 2026, the United Kingdom imposed a significant new sanctions package targeting 18 cryptocurrency-related entities and individuals deeply embedded in networks that facilitate Russia’s circumvention of international trade restrictions. This action, issued by the Foreign, Commonwealth and Development Office (FCDO), highlights the role… Read More

May 16, 2026 @ 7:42 pm By Omar Faridi  |  

TRM Labs noted that on May 15, 2026, a sophisticated attacker exploited vulnerabilities in THORChain, siphoning more than $11 million in digital assets from the cross-chain liquidity protocol. The incident impacted at least nine separate networks, marking another significant setback for the platform known for… Read More

May 1, 2026 @ 1:00 pm By Omar Faridi  |  

Blockchain intelligence firm TRM Labs reports that groups tied to North Korea have seized a commanding share of cryptocurrency thefts early in 2026. By the close of April, these operations accounted for approximately 76 percent of all documented hack-related losses, pulling in about $577 million… Read More

April 29, 2026 @ 12:01 am By Omar Faridi  |  

TRM Labs has noted that on April 24, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took decisive action against a major cross-border criminal enterprise. Cambodian Senator Kok An and 28 associated individuals and entities were designated for their roles… Read More

April 25, 2026 @ 10:32 am By Omar Faridi  |  

TRM Labs noted that on April 24, 2026, the US Treasury Department’s Office of Foreign Assets Control (OFAC) took a significant step in digital asset enforcement by blacklisting two cryptocurrency wallets directly tied to Iran’s Central Bank. The move, which also highlighted connections to the… Read More

April 24, 2026 @ 9:03 am By Omar Faridi  |  

Blockchain intelligence firm TRM Labs has released its latest Global Crypto Adoption Index for the first quarter of 2026, revealing a tempered but uneven landscape for retail cryptocurrency activity worldwide. According to the report, total retail crypto transaction volumes reached $979 billion during the period,… Read More

April 17, 2026 @ 12:32 pm By Omar Faridi  |  

On April 16, 2026, Grinex—a cryptocurrency exchange registered in Kyrgyzstan but deeply connected to Russian financial networks—suspended all operations after suffering a large-scale cyber intrusion. The platform stated that hackers had drained user assets worth approximately $15 million, equivalent to more than one billion Russian… Read More

April 14, 2026 @ 9:38 pm By Omar Faridi  |  

Blockchain intelligence firm TRM Labs has played a key role in Operation Atlantic, a coordinated international effort that resulted in the freezing of more than $12 million in illicit funds and the identification of over 20,000 victims across multiple countries. The week-long operation, which wrapped… Read More

April 14, 2026 @ 9:10 pm By Omar Faridi  |  

Iran has introduced mandatory cryptocurrency payments for commercial vessels navigating the Strait of Hormuz. Blockchain analytics firm Chainalysis and blockchain intelligence company TRM Labs have both independently documented the latest scheme, which now represents the first known instance of a nation-state levying transit fees in… Read More

April 10, 2026 @ 1:51 am By Omar Faridi  |  

TRM Labs indicated recently that ransomware activity continued to expand in 2025 even as payments have mostly stagnated during the same time-period. Blockchain intelligence firm TRM Labs added that the total ransomware-linked volume reached around USD 1.3 billion (down considerably from USD 1.9 billion back… Read More

April 3, 2026 @ 1:18 pm By Omar Faridi  |  

In arguably one of the most audacious cryptocurrency thefts of the year, attackers believed to be linked to North Korea siphoned approximately $285 million in user funds from Drift Protocol on April 1, 2026. TRM Labs pointed out that the operation, completed in roughly 12… Read More

March 31, 2026 @ 9:30 am By Omar Faridi  |  

TRM Labs has indicated that prediction markets—platforms allowing traders to buy and sell contracts tied to the outcomes of real-world events like elections, geopolitical conflicts, economic shifts, sports results, and pop culture happenings—have evolved from niche forecasting tools into a major financial phenomenon. Once limited… Read More