Defrost Finance Denies Rug Pull Allegations Amid $12M Exploit
The group says it’s retrieved all the funds after offering a bounty to the hacker. Source
Read MoreThe group says it’s retrieved all the funds after offering a bounty to the hacker. Source
Read MoreDefrost Finance, the decentralized trading platform that suffered a $12 million exploit in the days leading up to Christmas, has denied allegations that it had “rugged” its users as part of an elaborate “exit scam.”On Dec. 23, the platform announced it suffered a flash loan attack, leading to the draining
Read MoreSenegalese-American artist, Akon, reportedly reassured participants in his so-called token of appreciation (TOA) that they will be reimbursed for donations. To back this promise, the singer reportedly claimed he is even willing to do “a world tour just to pay them all back.” Akon, however, conceded during an interview that
Read MoreWhile little is known about its fight with the SEC, Grayscale is already preparing for future moves in case it loses the battle.Grayscale Investments, one of the biggest asset management firms in the digital currency ecosystem is mulling plans to repay its investors should its ETF plans fail.As reported by
Read MoreOn Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance offenses.” SDNY attorney Williams said that the case was not an issue of “mismanagement or
Read MoreCrypto trading firm 3Commas has denied its employees' stole user's API keys, claiming that screenshots circulating on social media are fake and urging affected users to file police reports to stop the perpetrators from stealing their funds. In a blog post published on Dec. 11, 3Commas co-founder and CEO Yuriy Sorokin
Read MoreThe Wemix token is trading 90% lower than this time last month after it was delisted by several exchanges. Source
Read MoreCryptocurrency exchange Huobi has said rumours that it will merge with Poloniex are "categorically untrue." Original Source
Read MoreChangpeng Zhao, chief executive officer of crypto exchange Binance, has denied a report claiming he met with investors in Abu Dhabi in an effort to raise cash for the company’s crypto recovery fund.According to a Nov. 22 report from Bloomberg, CZ and others affiliated with Binance discussed raising cash for
Read MoreThe Treasury Committee held a hearing on Monday to question officials from crypto companies in the aftermath of FTX's collapse, and Daniel Tinder, offered to send the document after Member of Parliament Harriett Baldwin, who is chairwoman of the committee, asked if Binance CEO Changpeng Zhao "brought about the collapse
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