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1 year, 9 months ago
Infamous Silk Road Bitcoin Heist Solved: Former Developer Unmasked as Prime Suspect
In a major breakthrough, the perpetrator behind the infamous Silk Road Bitcoin heist has been unmasked nearly a decade after the crime took place. The theft, which occurred in 2012, involved the stealing of 50,000…
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1 year, 9 months agoFantom Foundation Loses Over $650,000 in Phishing Attack, FTM Price Plummets
Two Fantom Foundation wallets on Ethereum and the Fantom Network have been targeted in a phishing attack, resulting in a loss of over $650,000. CertiK, a blockchain security firm, reported that the foundation lost…
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1 year, 9 months agoScroll Launches Mainnet for Zero-Knowledge Ethereum Virtual Machine (zkEVM) Solution
Scroll, a new player in the zero-knowledge Ethereum Virtual Machine (zkEVM) sector, has officially launched its mainnet. The team behind Scroll made the announcement on October 17, stating that existing Ethereum…
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1 year, 9 months agoSEC Cautioned Against False Reports on BlackRock's BTC ETF Approval
The US Securities and Exchange Commission (SEC) has denied reports that it approved BlackRock’s application to launch a Bitcoin exchange-traded fund (ETF). The false reports caused a temporary price rally for B…
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1 year, 9 months agoBankrupt Cryptocurrency Exchange FTX Stakes $170 Million in Solana, Ethereum, and MATIC
The bankrupt cryptocurrency exchange FTX has staked around $170 million in various crypto assets, including Solana, Ethereum, and MATIC. Blockchain data shows that the defunct platform has staked over 5.5 million…
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bob wrote a new post
1 year, 9 months agoFTX Founder Sam Bankman-Fried's Donations Exposed: $230M Given to Friends, Family, and Politicians
FTX founder Sam Bankman-Fried’s criminal trial has revealed an extensive list of donations made by FTX associates. Bankman-Fried himself donated over $133 million, with the majority going towards political d…
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1 year, 9 months agoSEC Division of Examinations Signals Increased Regulatory Scrutiny for Crypto Industry in 2024
The US Securities and Exchange Commission (SEC) is showing no signs of slowing down its regulatory scrutiny and enforcement actions against the crypto industry. The SEC’s Division of Examinations has announced i…
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1 year, 9 months agoFantom Foundation Loses Millions in Major Hack, Exposing Vulnerabilities in Ethereum Rival
The Fantom Foundation, a rival of Ethereum, has fallen victim to a major exploit, resulting in the loss of funds. According to blockchain security experts, the foundation’s wallets have been drained of both E…
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bob wrote a new post
1 year, 9 months agoBahamas Government Criticized for Lax Crypto Regulation as Premier Seeks Favor from FTX
The cozy relationship between the premier and officials in the Bahamas has come to light with the premier’s request to Bankman-Fried in September 2022. The Bahamas government has faced criticism for its lenient r…
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bob wrote a new post
1 year, 9 months agoInterim Speaker McHenry's Role in Limbo as House Struggles to Elect New Speaker
North Carolina Representative Patrick McHenry, a strong advocate for cryptocurrencies, is currently serving as the interim Speaker of the United States House of Representatives. This position was temporarily…
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1 year, 9 months agoUniswap Introduces 0.15% Swap Fee on Select Tokens, Raises Questions for Traders
Uniswap, a decentralized exchange, has implemented a 0.15% swap fee on certain tokens, sparking questions about its impact on traders. This fee change could generate daily fees ranging from $388,000 to $444,000 on…
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bob wrote a new post
1 year, 9 months agoEuropean Union's Crypto Investor Protections Delayed, Caution Urged
The European Union’s efforts to regulate the crypto industry and provide confidence to investors may take longer than expected. The transition to the Markets in Crypto-Assets Regulation (MiCA) framework, which a…
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1 year, 9 months agoESMA Warns Crypto Investors of Risks as MiCA Implementation Delayed
ESMA, the European Securities & Markets Authority, has issued a warning to crypto investors regarding the implementation of the Markets in Crypto-Assets Regulation (MiCA). The regulatory framework, approved by the…
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1 year, 9 months agoSouth Korea's Financial Supervisory Service to Introduce New Regulations for Virtual Assets
South Korea’s Financial Supervisory Service (FSS) is working on regulations to complement the Virtual Asset Users Protection Act, which was recently passed. The FSS aims to have these regulations ready by J…
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1 year, 9 months agoBinance Halts New User Registrations in the UK Amid FCA Restrictions
Major cryptocurrency exchange Binance has temporarily halted the onboarding of new users from the United Kingdom. This decision comes after the exchange’s previous local partner, Rebuildingsociety.com Limited (…
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1 year, 9 months agowhy do you need a towel you ask?
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1 year, 9 months agoCryptocurrency Creator Warns of Dangers of Central Bank Digital Currencies
Cardano creator Charles Hoskinson believes that the real battle in the digital asset space is between cryptocurrencies and central bank digital currencies (CBDCs). In an interview, he warns of the dangers of CBDCs…
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1 year, 9 months agoFantom Foundation Confirms $550K Loss in $7M Attack, Employee Possibly Loses $3.4M
The Fantom Foundation has confirmed that it and its employees suffered losses in a recent attack, with a total of $550,000 worth of Fantom Foundation funds being compromised. However, the majority of the…
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1 year, 9 months agoFantom Foundation Loses Millions in Phishing Scam
The Fantom Foundation, a smart contract and Dapp platform, has fallen victim to a phishing scam resulting in the loss of hundreds of millions of dollars from its crypto wallets. The hack, which affected only the…
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1 year, 9 months agoAustralian Government Proposes Licensing Requirement for Crypto Exchanges
The Australian government is proposing a new regulation that would require cryptocurrency exchanges to obtain a license from the country’s financial services regulator in order to operate. Under the proposal, d…
