Reflecting on the rapid evolution witnessed in Ethereum’s price surge past $2K, the launch of Blast in Ethereum’s Layer 2 sector marks a pivotal point in the cryptocurrency landscape. With a staggering $300 million in Total Value Locked (TVL), Blast’s swift ascension not only mirrors its initial excitement when it attracted $30M in record time […]
In a scathing critique, former US Securities and Exchange Commission (SEC) official John Reed Stark has accused cryptocurrency exchange Binance and its CEO, Changpeng Zhao (CZ), of alleged criminal violations. Stark’s comments highlight the serious nature of these alleged violations and dismiss attempts by what he refers to as the “Big Crypto Cartel” to downplay […]
Crypto exchange HTX (formerly Huobi Global) has experienced its fourth hack in just two months, resulting in a loss of $13.6 million from a hot wallet breach on November 22. The exchange has assured users that they will be fully compensated for their losses and that their funds are secure. This incident follows an $86.6 […]
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 […]
Ethereum adviser Steven Nerayoff has made serious allegations against US government law enforcement and regulatory agencies, including the FBI, DOJ, and SEC, accusing them of systemic corruption. These allegations come in response to a tweet by Senator Elisabeth Warren discussing the recent controversy surrounding Binance and its CEO Changpeng Zhao’s guilty plea for violating anti-money […]
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 […]
Cryptocurrency exchange HTX, formerly known as Huobi, has announced the resumption of its operations after a recent exploit. The exchange confirmed that its withdrawal and deposit services will be available later today, although a specific time was not provided. HTX also assured its users that the recent hack has been appropriately handled and that it […]
Director Carl Erik Rinsch, known for his work on “47 Ronin,” is facing allegations of financial mismanagement after diverting Netflix’s production budget for the sci-fi series “Conquest” into cryptocurrency and stock trading. Rinsch received a $61.2 million budget from Netflix for the series, but by March 2020, $44.3 million had already been spent. Rinsch then […]
Tron founder Justin Sun has been facing a series of cyber attacks on his crypto businesses over the past two months. Hackers have targeted platforms related to Sun, including his HTX crypto exchange, Poloniex exchange, and Huobi’s HECO chain bridge. The first HTX hack occurred shortly after the platform rebranded from Huobi, resulting in the […]
The hacker behind the KyberSwap exploit has expressed a willingness to negotiate after stealing approximately $45 million from the decentralized exchange. In a public message, the attacker informed KyberSwap that negotiations would begin once they had rested. The hack, which occurred on November 23, prompted Kyber Network to advise users to withdraw their funds as […]
