Court Postpones First Hearing in Tornado Cash Developer’s Case in the Netherlands
The court in the Netherlands postponed the first hearing in the case of Tornado Cash cryptomixer protocol developer Alexei Pertsev until 2024. The decision was handed down on Wednesday, May 24, in Den Bosch. The local court explained that all hearing slots until the en ...
Ethereum Shows Resilience Against the Dollar, Wave Analysis Suggests Bullish Outlook
The Ethereum (ETH) has been losing ground against the dollar for the past four weeks, but compared to bitcoin it's holding up quite well Wave analysis and indicator readings on the daily chart suggest that ETH will continue to outperform BTC, reaching its highest levels since 2018. ...
Bitcoin Price Breaks Bearish Pattern, Continues Falling: Technical Analysis Update
The bitcoin (BTC) price made a bearish breakout from a long-term pattern on May 10. After it turned into resistance on May 23, the rate of decline accelerated sharply Although a rebound may occur in the short term, price dynamics and wave analysis of the daily chart indicate that BTC is still a l ...
Unciphered Cracks Trezor Model T Hardware Wallet and Obtains Private Key
Information security company Unciphered reported that it was able to crack the popular Trezor Model T hardware wallet and obtain a private key. In the demonstration video, Unciphered experts exploit a certain "hardware vulnerability" in the Model T wallet. The video sh ...
Bitlucky Cryptocurrency Investment Platform Closes Amidst Failed Deals and Investor Losses
Cryptocurrency investment platform Bitlucky from Croatia announced the closure of the business, explaining it by a number of failed deals. Investor losses are estimated at $75 million. After receiving numerous complaints, police launched an investigation into Bitlucky. ...
Allegations of Fraud and Stolen Funds Surround DeFi Project Fintoch
DeFi project Fintoch was accused of. that it may be a pyramid scheme, and its creators stole $31.6 million from users. This was reported by blockchain researcher @ZachXBT. Millions of users were withdrawn to BNB Chain (formerly Binance Smart Chain) via Tron and Ethereum n ...
North Korean Hacker Group BlueNoroff Targets macOS Users with RustBucket Malware
Sekoia analysts have reported that the North Korean hacker group BlueNoroff is attacking macOS users with a malware called RustBucket. The malware report was originally published by the Jamf platform. It was later supplemented and analyzed by the Sekoia team. Software ...
Fraudulent Cryptocurrency Pyramid MetaGo Defrauds Over 600 Kazakhstanis
The Agency for Financial Monitoring of the Republic of Kazakhstan identified four residents of Zhezkazgan, Almaty and Astana, who organized a cryptocurrency pyramid MetaGo and deceived over 600 Kazakhstanis. As part of the fraudulent scheme MetaGo organizers attracted inv ...
Scotland Residents Accuse Safe Holdings Cryptocurrency Platform of Fraud
About 30 residents of Scotland accused the cryptocurrency platform Safe Holdings, which offered to trade cryptoassets on their behalf using some special software to analyze the crypto market, of fraud. The victims claim the cryptocurrency scheme is run by one Chris O'Brie ...
FBI Issues Warning on Fake Jobs Concealing Cryptocurrency Fraud and Human Trafficking
The U.S. Federal Bureau of Investigation (FBI) has issued a warning about fake jobs that disguise servitude in cryptocurrency fraud schemes. Such jobs typically involve moving to Southeast Asia, U.S. law enforcement officials said. Criminals are looking for tech support ...