Search results for TRM Labs
Crypto
Crypto \'wrench attacks\' hit France as kidnappings and home invasions surge
Kidnappings and home invasions targeting cryptocurrency holders are surging in France, bringing so-called \"wrench attacks\" to the fore as a public security issue. The French government said at least 41 crypto-related kidnapping and home-invasion cases have occurred this year, about one every 2 to 3 days. Authorities are stepping up responses, while experts warn criminals are using social media, event attendance records and leaked data to track victims.
Crypto
Prediction markets\' monthly trading volume tops $20 billion, led by geopolitics and politics
Prediction markets have surged, with monthly trading volume topping $20 billion. A TRM Labs report said the market grew 17-fold in six months from $1.2 billion in early 2025, driven by geopolitical and political issues. The report said U.S. politics leads activity while crypto price contracts remain a minority. TRM Labs also flagged rising manipulation concerns, prompting Kalshi and Polymarket to announce steps to curb insider access and strengthen market integrity.
Crypto
TRM Labs reaches $1 billion valuation after $70 million Series C round
Blockchain intelligence platform TRM Labs has completed a $70 million Series C funding round, reaching a $1 billion valuation, Cointelegraph reported on Feb. 4. Investors included Blockchain Capital, Goldman Sachs, Bessemer Venture Partners, Brevan Howard Digital, Citi Ventures and Galaxy Ventures. TRM Labs develops AI solutions for public and private institutions to respond to cybercrime, focusing on blocking automated illicit activity. It plans to use the funds to hire more researchers and specialists and enhance AI-led investigations.
