Inferno Drainer, a notorious crypto wallet-draining kit, has announced its permanent shutdown after aiding phishing scammers in stealing approximately $70 million worth of cryptocurrency this year. The team behind Inferno Drainer expressed gratitude to their users but stated that nothing lasts forever. While the files and infrastructure required to run the wallet drainer will remain […]
In a recent filing, U.S. prosecutors have stated that they may seek a maximum prison sentence of 10 years for former Binance CEO Changpeng Zhao (CZ). This comes in response to CZ’s opposition to the government’s motion to detain him in the U.S. The prosecutors argue that CZ poses a flight risk and should be […]
Blast, a recently launched platform in the crypto finance landscape, has been making waves despite facing allegations of being a Ponzi scheme. The founder, Tieshun Roquerre, has vehemently denied these claims and clarified that the platform’s 4 to 5% yield is derived from reputable platforms like Lido and MakerDAO. With a Total Value Locked (TVL) […]
Newly elected Argentine President Javier Milei has reaffirmed his commitment to closing down the country’s central bank, dismissing rumors that he may backtrack on this promise. In a statement posted on Twitter, the Office of President Milei clarified that the closure of the Central Bank of the Republic of Argentina (BCRA) is non-negotiable. Milei has […]
KyberSwap, a decentralized exchange, has offered a 10% bounty reward to the hacker who stole $46 million on November 22. The exchange is requesting 90% of the stolen funds to be returned by November 25. The hacker targeted KyberSwap’s liquidity solution, KyberSwap Elastic, and made off with approximately $20 million in Wrapped Ether, $7 million […]
Shibarium, the Shiba Inu Layer-2 blockchain, has achieved a significant milestone by surpassing 4 million transactions in just three months since its launch. This remarkable growth highlights the increasing prominence of Shibarium in the blockchain industry, especially considering its relatively short operational period. Despite facing a temporary setback due to a technical glitch shortly after […]
Self-custody wallets are gaining popularity as more people seek control and security over their digital assets. Trust Wallet and MetaMask are two widely used self-custody wallets, with millions of users globally. Hardware wallets, such as Ledger Live, are also becoming increasingly popular. In the US alone, there are over 4 million crypto wallet users, with […]
Netherlands-based cryptocurrency exchange Bitvavo has successfully registered as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF), allowing it to expand its services to French users. This move comes shortly after Bitvavo received regulatory approval to operate in Austria and expanded its offering to Italy. The exchange has also filed registration applications […]
Tron Founder Justin Sun is facing speculation that he could be the next target of the Department of Justice’s crackdown on alleged fraudulent crypto bosses. This comes after the recent resignation of Binance CEO Changpeng Zhao, who reached a $4.3 billion deal with law enforcement authorities. Social media platforms are buzzing with discussions about Sun’s […]
Crypto exchange HTX, formerly known as Huobi Global, has announced that it will resume deposits and withdrawals within 24 hours after experiencing a $13.6 million exploit on November 22. The exchange has assured its users that it will fully compensate for the losses and guarantee the safety of user funds. Despite the incident, the normal […]
