Cointelegraph By Martin Young
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Friend.tech SIM-swap scourge continues as scammer nets $385K in Ether
Cointelegraph By Martin Young - 0
A single scammer has reportedly managed to steal around $385,000 worth of Ether (ETH) in less than 24 hours amid a scourge of SIM-swap hacks seemingly targeting Friend.tech users.On Oct. 5, blockchain sleuth ZachXBT reported the same scammer had pilfered 234 ETH over the past 24 hours by...
September becomes the biggest month for crypto exploits in 2023: CertiK
Cointelegraph By Martin Young - 0
September has officially become the worst month in 2023 (so far) for crypto-related exploits — with a whopping $329.8 million in crypto stolen.On Oct. 2, blockchain security firm CertiK said the most significant contributor to the month’s totals came from the Mixin Network attack on Sept. 23 when...
Former FTX CEO Sam Bankman-Fried will spend at least 21 days in court as part of his criminal trial, which will begin in earnest on Oct. 4 and last until Nov. 9, according to a newly released trial calendar posted to the public court docket.The burgeoning trial calendar,...
Crypto exchange Binance has urged users to convert their euros into Tether (USDT) before the end of October after losing the support of its banking partner.On Sept. 28, Binance urged European Paysafe users to convert their EUR balances in their Binance accounts to USDT before Oct. 31, noting...
Legislation aimed at preventing “unelected bureaucrats in Washington” from issuing a central bank digital currency (CBDC) has been reintroduced by Representative Tom Emmer.On Sep. 12, Emmer and 49 original co-sponsors revived the “CBDC Anti-Surveillance State Act” in the United States House of Representatives in a bid, they claim,...
Japanese gaming giant Konami is seeking to expand its crypto-versed talent pool while it ey the development of Web3 and Metaverse “experiences” and a nonfungible token (NFT) marketplace.The gaming giant is the latest in a lengthening list of big names signaling interest in expanding its Web3 offerings by...
Ripple boss tips when SEC case will end as Hoskinson hits back at XRP army
Cointelegraph By Martin Young - 0
Optimistically speaking, Brad Garlinghouse thinks the case will be concluded in 3-4 months, though it could take longer.
By: Cointelegraph By Martin Young
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Lido has around 40% of all the staked ETH on the Beacon Chain.
By: Cointelegraph By Martin Young
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‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic
Cointelegraph By Martin Young - 0
New research from blockchain analytics and crypto compliance firm Elliptic has revealed the extent to which cross-chain bridges and decentralized exchanges (DEXs) have removed barriers for cybercriminals.In an Oct. 4 report titled “The state of cross-chain crime,” Elliptic researchers Eray Arda Akartuna and Thibaud Madelin took a deep...
Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold
Cointelegraph By Martin Young - 0
The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment.The latest paper by researchers at the department of economics at the University of New Mexico, published on Sept. 29, alleges that...