Hackers Return Most of Stolen Assets from Euler Finance’s $197 Million Hack
The group responsible for the hack of DeFi lending platform Euler Finance and the theft of $197 million has reportedly recovered most of the stolen assets. As of March 25, the hackers had returned 51,000 ETH, which is equivalent to about $88 million, and another transfer was made on the same day ...
Eversheds Sutherland Files Bankruptcy Court Request to Protect Foreign FTX Users’ Assets
Eversheds Sutherland, a law firm, has taken legal action to safeguard the interests of foreign clients of the bankrupt FTX exchange. The firm has filed a request in a bankruptcy court to freeze assets that were previously frozen in the accounts of these clients. The objective is to separate the f ...
Founder of Bankrupt Crypto Project AP Private Equity Kidnapped and Tortured
As per media reports, Aiden Plethersky, the self-proclaimed "Crypto King" and founder of the now-bankrupt crypto venture AP Private Equity, was reportedly kidnapped and subjected to torture with the aim of obtaining a ransom worth millions of dollars. Recently obtained documents by CTV News Toron ...
NFT Collector Accidentally Burns CryptoPunk Token Worth $135,000
Collector Brandon Riley experienced a devastating loss when he mistakenly burned his CryptoPunk #685 token, valued at a whopping $135,000, during an unfamiliar NFT packaging process. In a tweet expressing his regret, Riley admitted that he was so focused on following the instructions to the lette ...
Binance Employees and Volunteers Help Chinese Users Bypass KYC Procedures
According to reports by CNBC, some employees and volunteers at Binance, the largest crypto exchange, are providing advice to users from China on how to bypass the “know your customer” (KYC) procedure and remain anonymous. These individuals, known as "angels," shared methods such as forging bank d ...
Algorand (ALGO) Technical Analysis: Resistance Levels Will Determine Future Trend
Algorand (ALGO) is currently hovering around a crucial resistance zone that will dictate the long-term trend. This native token of the Algorand blockchain recently made headlines as Coinbase abruptly halted its staking service without prior warning due to claims by the US exchange regulator (SEC) ...
Manitoba Securities Commission Warns of Crypto Investment Scams
The Manitoba Securities Commission (MSC) in Canada has sounded an alarm over the proliferation of fake cryptocurrency investment sites. According to MSC Senior Researcher Jason Roy, the agency has received over 60 complaints from Manitoba residents who lost between $320 to $206,000 while investin ...
Former Coinone Employee Arrested for Accepting Bribes for Listing Crypto Assets
The Seoul Southern District Prosecutor's Office has apprehended a former staff member of the Coinone cryptocurrency exchange on allegations of receiving bribes in exchange for featuring specific digital assets on the platform. Recent reports from South Korean media suggest that the said ex-employ ...
Kaspersky Lab Survey Reveals Over One-Third of American Crypto Owners Scammed
According to a recent survey by Kaspersky Lab, more than one-third of Americans who own cryptocurrencies have fallen victim to scams. The survey, which was conducted between October 20 and 24, 2022, among 2,000 Americans, revealed that many cryptocurrency users fail to take adequate security meas ...
Visa Reports Record Hacker Attacks on Cryptocurrency Projects in 2022
According to data from Visa, one of the world's largest payment systems, the year 2022 witnessed an unprecedented surge in hacker attacks on cryptocurrency projects. The hackers seemed to target inter-network bridges the most, as they proved to be the most vulnerable and lucrative. In a recent ...