PeckShield: Attackers stole more than $70 million in cryptocurrency in May
PeckShield analysts reported that hackers stole $16 million worth of cryptocurrency during May, while unscrupulous developers stole at least $55 million from their users.</div There were a total of 59 hacks of cryptocurrency platforms during the month ...
Friend or foe: artificial intelligence and the security of the crypto industry
Artificial Intelligence has an ambiguous connection to cryptocurrencies. For example, the creation of ChatGPT has had an indelible impact on the industry. However, there are a number of problems worth highlighting. Artificial intelligence and dipfakes The first ...
Chinese Authorities Detain Trust Reserve Team, Targeting Cryptocurrency Companies
Mainland Chinese authorities continue policy of harassment of cryptocurrency companies. The other day, the Trust Reserve team behind the CNHC yuan-linked steblecoin was detained. Family members of employees have been notified of th ...
South Korean Police Bust $360 Million Cryptocurrency Scams
Police in South Korea announced the elimination of two fraudulent cryptocurrency schemes whose organizers managed to lure investors for about $360 million. Suwon County Prosecutor's Office said the originators of one of the scams positioned themselves as a P2P site for tr ...
Failed Attempt to Steal Crypto Machine Ends in Arrests in Texas
According to local media reports citing law enforcement, seven people were arrested in Texas after a failed attempt to steal a crypto machine. Houston police said a group of intruders used a stolen truck, crashing it into a local store. Surveillance cameras showed several ...
Ripple Network Activity Surges: Potential for Further Growth and Resistance at $0.60
The Ripple network registers an unprecedented level of user activity. A breakout of the critical resistance level of $0.50 could gain further traction The price of Ripple (XRP) is up 20% from its recent local low of May 11. The Ripple Ledger network seems to be attracting an unprecedented level o ...
Alleged Price Manipulation and Backdoor Exposed by White Hacker at El Dorado Exchange
A user nicknamed Res, who described himself as a white hacker, claimed to have uncovered a trick by the El Dorado Exchange project team to eliminate any position. The hacker said on Twitter that he discovered the backdoor and managed to withdraw about $580,000 worth of as ...
Ethereum (ETH) Price Analysis: Short-Term Correction Indicates Potential Bullish Breakout
The Ethereum (ETH) price has been falling since early April, after it deviated above an important long-term resistance level Although the price has yet to recover above that level, wave analysis and short-term price dynamics indicate that ETH will eventually do so. ETH price has fall ...
Terraform Labs Founder Hires Dentons, World’s Largest Law Firm, Amidst Investigation
The founder of Terraform Labs hired the world's largest law firm Dentons to represent the businessman during the investigation by the U.S. Attorney's Office. This is not the first time Do Kwon has used the services of Dentons. Businessman hired company attorneys to challe ...
Bitcoin (BTC) Attempts Bullish Breakout After Bounce from Support
Bitcoin (BTC) pushed back from May 25 support and avoided a bearish breakout. Now the price is trying to make a bullish breakout of the corrective pattern Despite the bullish breakout attempt, it is more likely that BTC will decline again to complete the correction and only then continue the uptr ...
