Cryptocurrency Analysis and News Portal
Horizon Bridge, a service enabling crypto assets to be traded between the Harmony blockchain and other blockchains, was drained of ether (ETH), tether (USDT) and wrapped bitcoin (wBTC). The FBI said that the hackers – “cyber actors associated with the [Democratic People's Republic of Korea]” – relied on a malware
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Harmony hack perpetrators Lazarus Group recently moved $63.5 million in ETH, with Binance and Huobi recovering $2.5 million. North Korea’s Lazarus Group of cyber criminals linked to the $100 million Harmony hack recently made moves again. According to pseudonymous blockchain detective ZachXBT, Lazarus Group moved a sizable part of the stolen
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The attack drained the service, which enables crypto assets to be traded between the Harmony blockchain and other blockchains, of $100 million worth of crypto, including ether (ETH), tether (USDT) and wrapped bitcoin (wBTC) on the morning of June 24. Original Source
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The ongoing saga of the South Korean cryptocurrency exchange Bithumb continues, this time with ruling from local courts.On Jan. 13 the South Korean Supreme Court finalized its ruling that the exchange must pay damages to investors over a 1.5-hour service outage on Nov. 12, 2017. According to a local news source,
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South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial losses resulting from the exchange’s service outage. Bithumb Ordered to Pay Customers Over Service Outage The South Korean supreme court
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A local report states that the investigation will be conducted by a unit dedicated to “special tax investigations.”South Korean tax authorities are investigating local crypto exchange operator Bithumb Holdings. This is according to a Tuesday report by Yonhap News which states that the National Tax Service is reportedly investigating possible
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The company confirmed that it has already broken all the
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Former Chairman of Bithumb Holdings was recently acquitted of fraud charges. Source
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The South Korea-based cryptocurrency exchange Bithumb is under a “special tax investigation” by the country’s National Tax Service (NTS), according to local reports.On Jan. 10 tax agents raided the exchange’s headquarters in the country’s capital city Seoul as a part of a compliance investigation. The investigation was carried out by
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Six executives involved in the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison sentences of up to eight years — but three were not detained so they could fight certain charges in court. V Global operated between July 2020 and April 2021, roping
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