Cryptocurrency Analysis and News Portal
Attorneys for the government and defense delivered their closing arguments in United States v Sam Bankman-Fried, the trial over FTX’s multi-billion dollar collapse where prosecutors allege that the founder built his crypto empire atop a “pyramid of lies”. The jury will receive the case for deliberation on Nov. 2, said Senior
Read More
Stars Arena, a decentralized social media platform built on the Avalanche network, has suffered a major security breach, resulting in the loss
Read More
South Korea’s top crypto exchange, Upbit, has fallen victim to a fraudulent deposit incident, throwing its operations into chaos. On Sept. 24, Upbit reportedly halted the depositing and withdrawal of Aptos (APT) tokens after discovering that some of them were fake. Apparently, an unknown entity managed to deposit counterfeit coins, which Upbit’s
Read More
An unwitting cryptocurrency holder has reportedly fallen victim to an eye-watering $4.46 million phishing scam. According to data from Etherscan, $4.46 million in Tether (USDT) was withdrawn from a Kraken crypto exchange wallet and eventually sent to an address ending “ACa7.”Blockchain security firm PeckShield, has labeled the address as being
Read More
Cryptocurrency exchanges in Australia have been increasingly communicating with their users as part of preventative measures for scams. According to local crypto firms, such communication is the key to preventing scams as it is able to “break trust” between victims and scammers.Executives at major Australian crypto firms like Cointree, CoinSpot
Read More
In a disheartening turn of events, the decentralized finance (DeFi) protocol Balancer (BAL) confirmed a hack just days after warning about a
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied After falling victim to an apparent scam, Bryan Lawrence, CEO of crypto startup Glow Token, has sued major crypto exchange Crypto.com. Glow Token LLC has taken legal action in a Florida court against Crypto.com, accusing the exchange
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cosmos network stablecoin project Harbor confirmed Saturday, Aug. 19, that its security has been breached, resulting in exploitation. The interchain stablecoin protocol announced on social media platform X that it fell victim to a protocol attack. Some
Read More
With the help of police and cyber authorities, a victim of a hack worth 90 Ether (ETH) has gotten the attacker’s Tether (USDT) address blacklisted. As a result, they may be able to get most of their funds back. [2023/08/11 17:30] USDT blacklisted 0x788bc56b67c289399cd6e2022f0d76484f04724a in block 17893148 https://t.co/WipjkHXFGp— usdt blacklist
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied FTX victim, who lost over 90% of his net worth following the collapse, successfully raised $450,000 from his recently launched trading fund. Belgian resident Kasper Vendeloock recently launched Musca Capital, a new fund that trades liquid tokens.
Read More