Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]
Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]
CoinChapter.com reported that the Safe Wallet scam has resulted in the theft of over $2 million from users, bringing the total number of victims to 21. The scam involves a method called “address poisoning,” where attackers deceive users into sending funds to fraudulent addresses. The attacker generates a contaminated address that resembles the victim’s own […]
CoinChapter.com reported that the Safe Wallet scam has resulted in the theft of over $2 million from users, bringing the total number of victims to 21. The scam involves a method called “address poisoning,” where attackers deceive users into sending funds to fraudulent addresses. The attacker generates a contaminated address that resembles the victim’s own […]
Swiss banks have made history by issuing the first digital bonds using real Swiss francs (CHF) on a regulated distributed ledger technology (DLT) platform. This achievement was made possible through a collaboration between Switzerland’s SDX and SNB. The successful CHF digital bond transactions with wCBDC mark a significant milestone in the world of finance. This […]
Swiss banks have made history by issuing the first digital bonds using real Swiss francs (CHF) on a regulated distributed ledger technology (DLT) platform. This achievement was made possible through a collaboration between Switzerland’s SDX and SNB. The successful CHF digital bond transactions with wCBDC mark a significant milestone in the world of finance. This […]
FTX, a cryptocurrency exchange, is challenging the Internal Revenue Service’s (IRS) estimated tax claims of $24 billion, arguing that they are exaggerated and unsupported by evidence. The IRS claims are seen as a potential obstacle to the approval of FTX’s Chapter 11 plan. FTX asserts that the claims are disproportionate to its earnings and potential […]
FTX, a cryptocurrency exchange, is challenging the Internal Revenue Service’s (IRS) estimated tax claims of $24 billion, arguing that they are exaggerated and unsupported by evidence. The IRS claims are seen as a potential obstacle to the approval of FTX’s Chapter 11 plan. FTX asserts that the claims are disproportionate to its earnings and potential […]
Financial regulators in South Korea have issued an update urging users to report any unlicensed cryptocurrency exchanges operating in the country. The Digital Asset Exchange Association (DAXA) and the Financial Intelligence Unit (FIU) are working together on this initiative. DAXA consists of five major virtual asset exchanges in South Korea, including Upbit, Bithumb, Coinone, Korbit, […]
Financial regulators in South Korea have issued an update urging users to report any unlicensed cryptocurrency exchanges operating in the country. The Digital Asset Exchange Association (DAXA) and the Financial Intelligence Unit (FIU) are working together on this initiative. DAXA consists of five major virtual asset exchanges in South Korea, including Upbit, Bithumb, Coinone, Korbit, […]
