Taiko Hosts First-Ever Based Rollup Summit to Promote Ethereum’s Permissionless Future

According to a recent survey by Brown Brothers Harriman, 71% of ETF investors wish to invest more in crypto this year. This bullish signal comes as the crypto ETF market is beginning to recover from recent volatility.

The firm is one of the oldest and most prestigious investment banks in the US, adding credibility to its claims. This data also aligns with other surveys that suggest wealthy investors are interested in Bitcoin.

Crypto ETFs Are Becoming Popular Among TradFi Investors

Since the Bitcoin ETFs were first approved in 2024, they’ve ushered in a profound transformation of the crypto market. BlackRock’s IBIT was so popular that some experts declared it the greatest ETF launch ever.

According to a new survey from Brown Brothers Harriman, 71% of ETF investors are planning to further their allocations into crypto.

“Good news for the crypto crowd, 71% [of surveyed investors] said they aim to increase their allocation to crypto ETFs in the next 12 months.. That’s higher than I would have thought, I’d have guessed 40-50% and i’m pretty bullish on this space, relatively speaking,” claimed Eric Balchunas, a prominent ETF analyst.

This survey comes at a fortuitous time for the ETF space and crypto markets in general. Bearish fears have been dominating the space, and US spot Bitcoin ETFs recently took a serious beating.

However, the market is already starting to recover, and issuers have resumed large BTC purchases. This survey shows that more investors are willing to pour liquidity into the crypto market through ETFs.

Brown Brothers Harriman is one of the oldest and most prestigious investment banks in the US, and its survey is a credible indicator of ETF sentiment. Additionally, other recent surveys have drawn similar conclusions.

For example, earlier this month, a poll of wealthy US investors showed high interest in Bitcoin and other major altcoins.

Meanwhile, Bitcoin ETFs have largely recovered this week after seeing net outflow for five consecutive weeks. At the same time, more asset managers are filing diverse ETF applications with the SEC. Given the current positive sentiment among institutional investors, the long-term outlook is likely to be bullish for such funds.

The post Survey Claims 71% of TradFi ETF Investors Want Crypto Exposure appeared first on BeInCrypto.

Over 18 million US-based cryptocurrency users’ records are reportedly up for sale on the dark web, raising alarms about the security of personal data in the digital asset space. 

The database includes sensitive personal information sourced from more than 20 major cryptocurrency exchanges and platforms.

Dark Web Sale: Crypto Data for $10,000 Exposes Millions

Dark Web Informer reported the leak on April 15, sparking concerns regarding the security of cryptocurrency users in the US.

“A threat actor is allegedly selling a large US-based cryptocurrency user database, sourced from multiple exchanges and platforms,” the post read.

For just $10,000, buyers can access detailed information, including full names, email addresses, phone numbers, and physical addresses. The data, sourced from prominent platforms, could potentially expose millions of users to identity theft and other cybercrimes.

The leaked data reportedly includes around 1.5 million Binance US phone records and 79,743 full records. In addition, 1.8 million records were from Crypto.com, 432,000 from Coinbase, 197,000 from Robinhood, 121,071 from Kraken, 800,000 from Gemini, and 76,710 from CoinMarketCap.

“We want to clarify that there has been no data leak from Binance’s systems. Our security team has been actively monitoring a known hacker on the Dark Web who collects data by compromising browser sessions on infected computers,” Binance told BeInCrypto through an email.

Dark Web Informer shared a screenshot of the alleged sale listing, which also highlighted additional records from Ledger, Bitfinex, Coinmama, BearTax, USA Crypto Legacy, and others. The total dataset spans over 18 million lines of user information.

This report follows another alarming disclosure by Dark Web Informer. The analyst revealed that a separate threat actor was selling crypto investor leads tied to Robinhood accounts across the US and Europe.

The affected countries included the Netherlands, Switzerland, France, Germany, Poland, Spain, and the UK. The listing featured data that was not publicly scraped, suggesting that the information was obtained through unauthorized access or breaches. 

This is not the first time such warnings have surfaced. BeInCrypto previously reported that someone was selling the crypto user database from Ledger, Gemini, and Robinhood. Similarly, last month, the news emerged that over 230,000 combined user records from Binance and Gemini had reportedly been listed for sale on the dark web.

The continuous exposure of crypto users’ personal data stresses the urgent need for heightened security measures within the industry. Investors should enable two-factor authentication, use unique passwords, and remain vigilant against unsolicited communications that may attempt to harvest credentials.

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The US Department of Justice (DOJ) just indicted 12 additional defendants as part of a conspiracy involved in crypto crimes worth $263 million. It accused them of working with Malone Lam, who was arrested last September.

Most of the group’s actions involved social engineering scams, but members also stand accused of burglary. Additionally, the DOJ pressed charges against Tornado Cash co-founder Roman Storm today.

DOJ Takes On Major Crypto Crimes

As part of sweeping pro-crypto regulatory reforms, the US Department of Justice disbanded its Crypto Enforcement Unit and reduced the scope of its investigations this year.

However, as today’s indictments clearly show, the DOJ is still interested in taking down high-level crypto crime. The twelve defendants stand accused of many serious offenses:

“[The defendants] allegedly participating in a cyber-enabled racketeering conspiracy throughout the United States and abroad that netted them more than $263 million. [Their] various roles included database hackers, organizers, target identifiers, callers, money launderers, and residential burglars targeting hardware virtual currency wallets,” the DOJ claimed.

These defendants were allegedly in league with Malone Lam, the group’s ringleader, who was arrested last September. The DOJ claimed that Lam organized the whole crime ring, targeting victims, employing scams, laundering money, and more.

The group’s sophisticated money laundering techniques allowed Lam to allegedly continue benefiting after his arrest.

The bulk of this $263 million came through social engineering and similar scam methods. The group systematically stole and purchased databases of crypto users, identified valuable targets, and attempted to defraud them.

Lam personally scammed $230 million from one victim alone. However, the group soon moved on to much more brute-force methods.

Specifically, the DOJ accused the defendants of much more serious crimes. In an effort to steal hardware wallets, Lam remotely monitored a target’s iCloud metadata while a co-conspirator burglarized his home.

Unfortunately, violent thefts are far from unheard of in this industry: a prominent crypto kidnapping took place in France two days ago.

The indictments named 10 of the 12 co-defendants, claiming that several of them have been arrested. At least two remain anonymous and at large, believed to be living in Dubai.

The DOJ has been demonstrating its resolve on several crypto crimes today. Specifically, it announced that it would indeed be pressing charges against Roman Storm, co-founder of Tornado Cash.

Although crypto enforcement has been loosened somewhat, the Department of Justice is still determined to prosecute prominent offenders.

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