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Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports

Jatinder Singh will attend a plea hearing on Oct. 23 at the County Court of Victoria in Australia for failing to report that he received AUSD 10.47 million (roughly $6.7 million) from Crypto.com in 2021. Singh used the money –sent to him because of an accounting error – to buy

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Linear Finance faces security breach, takes swift action to rectify

Hong Kong-based defi protocol Linear Finance reported a security breach that drained its Linear USD token’s liquidity on PancakeSwap and Ascendex platforms. Hong Kong‘s burgeoning defi ecosystem faced a significant setback this week as Linear Finance, one of its leading protocols, came under an unexpected attack. In an incident that jolted the

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Former crypto CEO faces lawsuit over drug use and inappropriate behavior 

Phillip Gillespie, former co-CEO of crypto trading firm B2C2, is caught up in allegations involving drug use and inappropriate relations with a young intern.  The claims against Gillespie emerged as part of a lawsuit filed in New Jersey by Bradley Nagela, the firm’s global head of options trading. The 19-year old intern,

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CoinEX, Mark Cuban latest hack victims, BinanceUS faces workforce challenges, adoption skyrockets

This week, CoinEX and investor Mark Cuban were counting losses as hacks persisted. Despite these setbacks, Deutsche Bank, PayPal, and Franklin stepped into the crypto limelight.  A slew of hacks Much like the previous weeks, crypto-related hacks dominated the scene this week. Vitalik Buterin, co-founder of Ethereum, faced a cybersecurity breach on

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