Balancer Labs Warns of Vulnerability Affecting V2 Pools, Funds at Risk

Balancer Labs recently announced a critical vulnerability report affecting a number of V2 Pools. The firm took action to secure the majority of the total value locked (TVL) but some funds remain at risk. Users were advised to withdraw from affected liquidity pools immediately.The project reassured users that the majority of funds on Balancer are […]

Global Crackdown on Crypto Scams: Israeli Police Accuse Technology Entrepreneur of Defrauding Investors of $290 Million

Law enforcement communities around the world are cracking down on crypto scams, with Israeli police accusing technology entrepreneur Moshe Hogeg of defrauding investors out of $290 million. Hogeg and several unnamed associates are suspected of misappropriating funds from Israeli and foreign investors for personal use, and are facing charges of fraud, theft, money laundering, forgery, […]

SEC Not Coming After Cardano’s ADA Token, Says Founder Charles Hoskinson

Charles Hoskinson, the founder of Cardano, believes that the United States Securities and Exchange Commission (SEC) will not come after the project’s native token, ADA. He made this statement during a recent YouTube interview on Corey Costa’s Crypto Coins.The SEC recently classified 12 tokens, including Cardano (ADA), Binance Coin (BNB), Solana (SOL), Polygon (MATIC), and […]

Former OpenSea Executive Sentenced to Prison for NFT Insider Trading

Nathaniel Chastain, former Head of Products of OpenSea, the world’s largest non-fungible token (NFT) marketplace, has been sentenced to three months in prison for exploiting his position to obtain insider knowledge about specific NFT assets.Chastain was found guilty by United States District Judge Jesse Furman for using underground non-public information to conduct trades on NFTs […]

North Korea-Linked Hackers Move $40 Million in Bitcoin, FBI Warns

The US Federal Bureau of Investigation (FBI) has warned that North Korean hackers may be looking to cash out over $40 million worth of Bitcoin (BTC). The FBI has identified two hacker groups, Lazarus Group and APT38, as responsible for the theft of millions of dollars worth of cryptocurrencies. The hackers have recently moved 1,580 […]

FBI Warns Crypto Industry to Freeze Bitcoin Payout Linked to DPRK Thefts

The Federal Bureau of Investigation (FBI) has recently alerted the crypto industry of suspicious Bitcoin transactions linked to the Democratic People’s Republic of Korea (DPRK). The FBI identified the perpetrators as “TraderTraitor-affiliated actors”, also known as Lazarus Group and APT38. The Bureau tracked a significant movement of roughly 1,580 bitcoin, worth more than $40 million. […]

FBI Tracks $40 Million in Bitcoin Linked to North Korean Cyber Activities

The FBI has recently drawn attention to a significant sum of Bitcoin, amounting to approximately $40 million, that is believed to be linked to North Korean cyber activities. Several of the identified bitcoin addresses are thought to be connected to the DPRK-affiliated group known as TraderTraitor, Lazarus Group and APT38, and are reported to hold […]

ChatGPT Predicts 100x Price Surge for Sonik Coin After Uniswap Listing, Wall Street Memes Could See Post-Listing Rally After Raising $26M

Dogecoin ($DOGE) has seen a sharp drop in its value over the past ten days, with the coin’s price now 25% lower than its July high. Technical analysis from ChatGPT suggests that the coin could drop further, potentially to $0.046 in the near term. Other meme coins, such as Wall Street Memes ($WSM) and Sonik […]

BlockFi Moves to Recover Assets, Prioritizing Customers Over FTX in Bankruptcy Proceedings

BlockFi, a bankrupt crypto lender, is attempting to recover assets to settle its customers as part of its bankruptcy proceedings. The company is standing firm that its customers should take priority over fellow bankrupt company FTX. BlockFi has objected to FTX’s claims on several grounds, including the fact that it alleges that the latter’s claims […]

Binance Facing Allegations of Sanctions Evasion in Russia

Binance, the world’s leading cryptocurrency exchange, is facing allegations of operational ties in Russia, according to a report from the Wall Street Journal. Despite Binance’s confirmation of a reduction in its Russian operations to comply with European Union sanctions, data suggests that the exchange still has a persistent ruble trading presence on its platform. This […]