In a historic moment for Argentina and the crypto community, the country has elected its first-ever pro-Bitcoin President. Javier Milei, a right-wing libertarian and Bitcoin advocate, secured a significant victory in the presidential election, winning almost 56% of the votes. Milei’s victory marks the beginning of a new era in Argentina, as he aims to […]
Justin Sun’s cryptocurrency exchange, Poloniex, has identified the hackers responsible for a recent hack that resulted in the loss of $120 million. The exchange has offered the hackers a $10 million reward if they return the stolen funds by November 25th. Justin Sun, the majority shareholder in Poloniex, confirmed the identification of the hackers and […]
A hacker managed to steal $25 million from Kronos Research, a quantitative trading firm, by gaining access to its compromised API keys. The unauthorized entity used the stolen keys to make six transactions, totaling 2,780 Ether, from a Kronos Research account to various addresses owned by the hacker. Upon discovering the breach, Kronos Research immediately […]
Argentina’s presidential run-off election resulted in a victory for Javier Milei, a Bitcoin-friendly candidate. With a significant lead in the votes, Milei secured over 55% of the votes, defeating his opponent Sergio Massa. Milei’s win comes at a time when Argentina is grappling with a severe inflation crisis, with the Argentine peso experiencing a staggering […]
Decentralized crypto exchange dYdX has implemented new measures to address trading-related risks after losing $9 million from its insurance fund. The exchange has increased margin requirements on certain less liquid markets, affecting tokens such as Eos, 0x Protocol, Aave, Algorand, Internet Computer, Monero, Tezos, Zcash, SushiSwap, THORChain, Synthetix, Enjin, 1inch Network, Celo, Yearn.finance, and Uma. […]
Poloniex, a cryptocurrency exchange, has identified the hacker responsible for stealing $120 million and is offering a $10 million reward for the return of the funds. The majority shareholder of Poloniex, Justin Sun, sent messages on the Ethereum network to the hacker’s addresses, warning them to return the stolen funds or face legal action. The […]
On November 17, decentralized exchange dYdX experienced a significant loss of $9 million in user liquidations. The founder of dYdX, Antonio Juliano, believes that this was a targeted attack against the exchange. The incident occurred in the midst of a 43% decline in the Yearn.Finance (YFI) token, which raised concerns about a potential exit scam. […]
BitGo CEO Mike Belshe recently shared his cautious outlook on the approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. SEC. While he remains optimistic about the potential approval, he also acknowledges that there may be additional hurdles to overcome. One of the key concerns highlighted by Belshe is the SEC’s insistence on the […]
Three individuals have been accused of defrauding New York banks of over $10 million in a complex crypto scam. Zhong Shi Gao, Naifeng Xu, and Fei Jiang are alleged to have exploited the financial system between 2018 and 2022, aiming to convert stolen funds into cryptocurrency and channel them through foreign crypto exchanges. The scam […]
A French citizen residing in the United Arab Emirates, Aurelien Michel, has pleaded guilty to charges of conspiracy to commit wire fraud in connection with his Mutant Ape Planet non-fungible token (NFT) collection. Michel was arrested earlier this year at JFK Airport in New York by Homeland Security Investigation agents. The charges stem from accusations […]
