Cryptocurrency Analysis and News Portal
The process of recovering stolen Bitcoin (BTC) from cryptocurrency scams is difficult and complex. The prevalence of cryptocurrencies has led to an increase in scams and other fraudulent practices that prey on the gullible. Numerous people have suffered significant financial losses as a result of falling for different crypto scams,
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The officials claim FTX-affiliated Alameda Research had largely repaid the $8 billion borrowed from Genesis Trading, a few weeks before the former filed for Chapter 11 bankruptcy protection. The bankrupt FTX and Alameda Research officials are stopping at nothing to recover lost funds by the former administration led by Sam Bankman-Fried
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Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptocurrency scams.While hacking into YouTube channels to promote scams has been a long-standing method of targeting unwary investors, the number of creators on the platform reporting hacks has
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Matter Labs, the team behind Ethereum’s layer-2 scaling solution, zkSync, has confirmed that 921 ETH worth $1.7 million is currently stuck in one of its new smart contracts, GemstoneIDO. Despite the issue, the firm claims that the funds are safe. Matter Labs have found an elegant solution to rescue them, which
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According to a press release published on Feb. 16 by Norway's National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim), authorities have seized 60 million Norwegian Kroner ($5.85 million) in stolen cryptocurrencies linked to the Axie Infinity Ronin Bridge hack last March. According to senior public prosecutor
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Early statistics on ether (ETH), the second-biggest cryptocurrency by market cap, are harder to come by. However, data provided to CryptoX by Crypto Asset Recovery shows that 7% of presale wallets have never had any crypto move – suggesting the ETH in those wallets have just been sitting there, untouched,
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The Creditors’ rejection follows a veto by Voyager itself. Source
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Voyager had 10 different loan sheets with Alameda at the time it filed for bankruptcy, the filing said. In various filings in September and October 2022, Voyager claimed it held FTT (an exchange token issued by FTX) and SRM (the token for the Serum protocol) as collateral for loans made
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Security teams at crypto exchanges Binance and Huobi worked together to freeze and recover 121 Bitcoin (BTC) from hackers behind the Harmony bridge exploit. In a tweet, Binance CEO Changpeng Zhao announced that the hackers have tried to launder their funds through the Huobi exchange. After this was detected by Binance,
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With the recent hype and increase in meme coins on Solana over the past weeks, the network has gained a significant amount of momentum, pushing it to an uptick both in on-chain activity and trading volume. Solana has begun to show recovery signs from the FTX scandal following a recent spike
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