In a shocking development, the HECO Chain ecosystem has fallen victim to a major security breach, resulting in the unauthorized transfer of over $86.6 million in digital assets. Tron founder Justin Sun has taken immediate action, pledging full compensation for affected users and temporarily halting deposits and withdrawals while a thorough investigation takes place. This […]
Crypto entrepreneur Justin Sun has confirmed that two platforms linked to him, the HTX exchange and Heco bridge, have been targeted in a hacker attack. The attack resulted in a loss of over $100 million. The Heco bridge was drained of $87 million, with the stolen assets including various cryptocurrencies such as TUSD stablecoin, Chainlink’s […]
Tether, in collaboration with OKX and the U.S. Department of Justice, has frozen $225 million in USDT tokens, marking the largest freeze of its kind. This action is part of an investigation into an international human trafficking syndicate that is allegedly involved in a widespread romance scam. The success of the operation relied on the […]
The United States Department of Justice has seized approximately $9 million worth of Tether USDT following the freezing of funds connected to a criminal organization involved in romance scams. The funds were allegedly part of Tether’s efforts to freeze $225 million worth of USDT in wallets associated with the scam. The romance scams involved individuals […]
Tokyo-based digital payments firm PassPay has formed a strategic alliance with EOS Network Foundation (ENF) to explore the development of new financial products using blockchain technology. This partnership comes at a time when EOS Network is experiencing a resurgence, thanks to improvements in its EVM that have made it easier for DeFi developers to build […]
The National Bank of Cambodia (NBC) has signed a memorandum of understanding (MoU) with Alipay to provide users of its digital currency, bakong, with access to the Alipay merchant network. This partnership will enable cross-border transactions using QR codes on Alipay+. The bakong service, operated by the NBC on a blockchain, allows users to have […]
In a groundbreaking move, cryptocurrency exchange OKX and stablecoin issuer Tether have jointly announced the freezing of $225 million in stolen USDT, marking the most extensive seizure in the history of the popular stablecoin.The funds were traced back to an international crime syndicate involved in a notorious “pig butchering” romance scam, where individuals are lured […]
Bitcoin’s Lightning Network (LN) has been a topic of debate recently, with experts discussing its potential and challenges. Marcus, CEO of Lightspark, acknowledged ongoing efforts by companies like Lightning Labs, Spiral, and his own with Lightspark in tackling these challenges. However, he emphasized that achieving full support for non-custodial Lightning with offline reception remains a […]
Argentina has elected Javier Milei as its new president, a significant victory for the staunch libertarian who is a strong supporter of Bitcoin. Milei defeated his opponent, Economy Minister Sergio Massa, with nearly 60% of the votes. This victory is notable as Massa had won the first round of elections in October. Milei’s victory has […]
In a surprising turn of events, Javier Milei, a pro-Bitcoin candidate, has been elected as the President of Argentina. With a vision that includes abolishing the Central Bank and adopting the US dollar, Milei has captured the attention of both voters and the crypto community. His victory has also had a positive impact on Bitcoin, […]
