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Former developers of Multichain, recently mired in controversy, have announced a new project named ValueRouter, aiming to simplify multi-chain asset swaps. A few months ago, the crypto world was rocked by the unauthorized withdrawals of over $130 million from Multichain, a bridging network previously known as Anyswap. The intrigue deepened with the
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Joseph O'Conner, a British man who made roughly $900,000 in an elaborate Twitter hack and a separate crypto-related SIM-swapping scheme, received a 5 year sentence from a federal judge on Friday, Inner City Press reported. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether recently minted another $1 billion worth of its Tether USDT stablecoin on the Ethereum blockchain, which is another big issuance within two months since its last minting on April 21. In a June 12 Tweet, Paul
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"This has been a dynamic, collaborative process, designed to accommodate the community’s wishes for the ROOK token and the new Incubator DAO." Rook Labs' pseudonymous CEO Hazard told CoinDesk in a Discord message. "We’re grateful for the enthusiastic participation of ROOK holders and community members, and are happy to see
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Data sourced from Etherscan indicates that the exploiter first swapped 95,360 ETH worth roughly $157 million on DeFi Aggregator OpenOcean and then transacted smaller amounts capital through several decentralized finance (DeFi) protocols such as Kyber Network and 1Inch. Original Source
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Two men from Massachusetts, have been sentenced to serve time in prison for an "extensive scheme to take over victims' social media accounts and steal their cryptocurrency using techniques such as SIM swapping," according to a press release by the Justice Department. Original Source
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Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be interpreted as a signal that the best is yet to come.For new users, figuring out how to obtain cryptocurrency can be a tedious task, and the challenge of securing
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Orion Protocol recently launched its AMM solution, Orion Pool, powering multiple crypto-related activities from a single user interface. The platform has integrated leading swap pools, DEXs, and CEXs, constructing the first decentralized gateway to the entire cryptocurrency market. A New Age Of Decentralized Finance From One Interface With Bitcoin and other cryptocurrencies
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Court documents allege that Pennsylvania resident Anthony Faulk hijacked a crypto company executive's phone, stealing crypto and using the proceeds for an expensive watch, music royalties, jewelry and a house. Source
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Sim swapping recently resurfaced on the map as one of the easiest means to defraud crypto investors. And while the sim owners could be crucified for negligence, no one has taken the time to question network providers which are supposedly custodians of these sim cards.Thankfully, a legal firm committed to
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