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Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations – Bitcoin News

According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still operating” and is simply “scaling back.” Wyre Cryptocurrency

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Defrost v1 hacker reportedly returns funds as ‘exit scam’ allegations surface

On Dec. 26, blockchain security firm CertiK issued a warning alleging that Defrost Finance, a decentralized leverage-trading platform on the Avalanche blockchain that recently suffered an exploit, is an “exit scam.” The move came just as Defrost announced that “the hacker involved in the V1 hack [but not the v2

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400M Twitter users’ data is reportedly on sale in the black market

400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market. Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via Twitter on Dec. 24 in which someone is supposedly selling a private database containing contact information of 400

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Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy

Just days after creditors offered to help Core Scientific — a Bitcoin (BTC) mining company — avoid possible bankruptcy, reports emerged confirming the business’ inevitable fate. Core Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC prices.On Dec. 14, Financial services platform B.

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SBF prosecutors reportedly dig into donations made to top US Democrats

The prosecutors investigating former FTX CEO Sam Bankman-Fried (SBF) have reportedly reached out to top members of the Democratic Party demanding information about the political donations made by the entrepreneur.Democratic members from the Democratic National Committee (DNC), the Democratic Congressional Campaign Committee (DCCC) and Congressman Hakeem Jeffries were contacted by

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Democrats to reportedly return over $1M of SBF’s funding to FTX victims

Following the arrest of former FTX CEO Sam Bankman-Fried (SBF), three prominent Democratic groups have reportedly decided to return over $1 million to investors that lost their funds due to misappropriation.On Dec. 16, the Democratic National Committee (DNC), the Democratic Senatorial Campaign Committee (DSCC) and the Democratic Congressional Campaign Committee

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SBF reportedly files new bail application in the Bahamas Supreme Court

Sam Bankman-Fried, the jailed founder of bankrupt cryptocurrency exchange FTX has reportedly filed a new application for bail in the Bahamas Supreme Court following his previous unsuccessful bail bid.Local media on Dec. 15 reported the founder submitted the application and that it would be heard before the court in just

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Third-Party Phishing Campaign Reportedly Impacted Gemini Customer Data

Some users have expressed their displeasure over Gemini’s handling of data stating that the targeted phishing emails appeared weeks before the exchange noticed them.On Wednesday, crypto exchange Gemini announced that a third-party phishing campaign led to the leak of its customer email addresses and partial phone numbers.On Wednesday, crypto publication

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