As Ethereum (ETH) gets ready for its much-anticipated upgrade, which is now being referred to as “Shapella,” the network has come up against a new obstacle in the type of malicious threats on Miner Extractable Value (MEV) bots exchanges. These attacks have caused the network to face new difficulties. An attack of this kind was … Read more
According to the documents obtained from the Serbian Business Registry, Terraform Labs co-founder Do Kwon founded (1) an organization in Serbia for less than one dollar a few weeks after being notified with an Interpol red notice. Do Kwon is noted to have received assistance from local supporters in Serbia in establishing a shell corporation … Read more
As the decentralized lending protocol, Euler Finance attempts to recover from Monday’s $196 million hack, and it is leaving no stone left in its investigation. For the past two days, the Ethereum-based noncustodial lender has communicated with the hacker via several on-chain messages to negotiate a settlement with them. The conversations, on the other hand, … Read more
Hacking is one of the most pervasive threats to the growth and acceptance of cryptocurrency. Over the years, the sector has incurred (1) substantial losses through many vulnerabilities in crypto blockchain systems & related platforms. While there are many varieties of cyberattacks, zero-day flaws have risen to prominence as a preferred method of attack. The … Read more
Users and fans of cryptocurrencies are well aware of the dangers associated with buying and holding digital assets. Investors risk losing money in various ways, including price collapses, fraud, exchange and system hacks, Ponzi schemes, and more. Several Latino investors lost money in a cryptocurrency Ponzi fraud that just hit the news. Warnings issued by … Read more
On Wednesday, attorneys for Sam Bankman-Fried (SBF) stated that his criminal trial scheduled to begin on October 2 might be postponed. The attorneys for SBF stated that further time might be necessary to conduct an in-depth investigation of the facts and prepare for the future trial with a defense strategy. The lawyers for Bankman-Fried wrote … Read more
The most recent study published by the Wall Street Journal has once again caused widespread upheaval in the bitcoin industry. As per their sources, Binance, the most significant participant in the business, has been formulating a plan to avoid the possibility of being prosecuted by the relevant authorities in the US. In 2019, the company … Read more
Given how easy it is to obtain bitcoins, many people are interested in cryptocurrencies and think the expanding trend of bitcoin ATMs will drive further acceptance. Yet, Bloomberg stated that Bitcoin ATMs were impacted by the crypto winter that occurred a year ago. A recent instance demonstrates that regulators have cracked down on a Bitcoin … Read more
An indictment that was submitted by the Southern District of New York (SDNY) said that the founder of FTX who was detained, Sam Bankman-Fried, made political donations using the names of other individuals. Sam Bankman-Fried, also known as SBF, was taken into custody on December 12 Â by the authorities in the Bahamas. He … Read more
Celsius, a defunct cryptocurrency lending company, based in New Jersey, has filed a countersuit against decentralized cryptocurrency lending platform KeyFi and the company’s CEO, Jason Stone. It asserts that KeyFi lost CEL, which was worth millions of dollars, due to negligence and dishonesty on the company’s part. The lawsuit filed by Celsius follows closely on … Read more