Blockchain security losses from 2026 to date are nearly $800 million, with incidents related to North Korea accounting for about 42%.

RAVE Token Surges 110x in Two Weeks, Then Crashes 98% Amid Market Manipulation Allegations

Gate News message, April 27 — RAVE, the native token of RaveDAO (a Web3-based cultural community project), skyrocketed 110x in two weeks before plummeting 98% over two days on April 19-20, prompting comparisons to the infamous 2007 Lubo stock manipulation scandal in South Korea. On April 18, RAVE r

Research reveals: Polymarket players take home 30% of profits by winning 3% of the positions—more than 70% of players absorb all losses

A new study analyzes Polymarket’s trading records from 2023–2025 and shows that only 3.14% of experienced winners control more than 30% of the profits. Crowd participation alone is not enough to explain overall accuracy; at the same time, it tracks 1,950 highly suspicious insider trading accounts that, while not driving predictions, amplified price volatility. The case shows that large bets were placed and profits were made before the U.S. announced developments regarding Venezuela. The research questions “wisdom of crowds” and emphasizes the need for increasingly strict regulation.

France: More than 40 crypto investor kidnappings in 2026, involving leaked tax data

According to Market Forces Africa, reported on April 27, incidents of kidnapping and violent attacks targeting cryptocurrency investors in France have increased sharply. On the X platform, Telegram founder Pavel Durov said that since the beginning of 2026, he has recorded 41 cases of cryptocurrency investor kidnappings, averaging one incident every 2.5 days, and that they are linked to a leak of French tax records.

Hubei cybersecurity police received a Second Class Merit Award, solving the province’s first “hundred-million-yuan” virtual-coin theft case in 70 days

According to a report by Hubei Daily on April 27, Guo Tingyu, a police officer from the Cyber Security Brigade of the Qingshan Branch of the Wuhan Municipal Public Security Bureau, was recently awarded the Individual Second-Class Merit. Guo Tingyu graduated from Huazhong University of Science and Technology with a degree in computer science. In 2023, he passed the civil service exam to join the police force. In early 2024, he took charge of the first virtual currency theft case in all of Hubei Province. After nearly 70 days of investigation and case-solving, the amount of involved funds exceeded 100 million yuan, and all five suspects were fully dealt with in accordance with the law.

Litecoin Executes Deep Chain Reorganization to Undo MWEB Privacy Layer Exploit

Gate News message, April 27 — Litecoin underwent a deep chain reorganization on Saturday (April 26) after attackers exploited a zero-day vulnerability in its MimbleWimble Extension Block (MWEB) privacy layer, the Litecoin Foundation announced. The reorg spanned blocks 3,095,930 to 3,095,943 and

China Breaks Cryptocurrency Theft Ring Worth Over $140 Million, Arrests 5 Suspects

Gate News message, April 27 — A cybercrime unit in Wuhan, China's Hubei Province, has dismantled a cryptocurrency theft ring involving counterfeit wallet applications, with investigations revealing over 100 million yuan (approximately $14 million) in illicit proceeds. Five suspects have been