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Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise
24.9.2024
Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer reached 0.0027 ETH ($7.06) on Tuesday morning....
ZK Bridge: Trustless and secure cross-chain Bitcoin token-swapping
3.4.2024
Bitcoin’s liquidity and integration with different blockchains can be enhanced using Bitcoin token swapping. It depicts a groundbreaking mechanism to bridge the gap between Bitcoin and smart contract-equipped blockchains. The Bitcoin token swap protocol designed by ZK Bridge has wide applications...
FF7 Rebirth: WTF Is The Stat-Swapping Materia Good For?
26.3.2024
Most of Final Fantasy VII Rebirth’s magical orbs, known as materia, are rather self-explanatory. Many give you access to a new attack spell, others heal or revive you, others buff your party, and many more debuff your opponents. But there’s a three materia orbs that might initially seem to...
DOJ Charges Trio Behind $400 Million SIM Swap Attack on FTX
4.2.2024
The United States Department of Justice has charged three individuals accused of masterminding the SIM-swapping attack that siphoned over $400 million from FTX. The indictment of the trio appears to undercut claims that incarcerated FTX founder Sam Bankman-Fried was the mastermind behind the hack....
U.S. Government Charges Trio Responsible for FTX’s Missing $400 Million, Cite FTX SIM Swap Attack
2.2.2024
New D.C. court filings from January 24 revealed that three people have been charged with stealing more than $400 million worth of digital currency from FTX in a November 2022 FTX SIM-swapping attack. A Years-long FTX SIM Swap Scheme Robert Powell, Carter Rohn, and Emily Hernandez have all been...
SEC Blames Social Media Account Hack on ‘SIM Swap’ Attack in Fake Bitcoin ETF Post
23.1.2024
The US Securities and Exchange Commission (SEC) has revealed that its social media account on X fell victim to a “SIM swapping” attack in relation to the false post about the approval of Bitcoin exchange-traded funds (ETFs) earlier this month. The incident, which occurred on January...
Samourai Wallet Unveils Privacy-Enhancing BTC to XMR Atomic Swaps in Beta Launch
16.1.2024
According to the Samourai Wallet developers, the beta release of bitcoin/monero atomic swaps has been launched, marking an exciting development in privacy-preserving techniques. This new release of the desktop application streamlines the process of securely swapping bitcoin and monero via the...
Swapping Crypto Fast Made Easy With Exolix
24.12.2023
The crypto market has become part of the global financial landscape, with investors looking to purchase digital assets on different exchanges. However, for investors who value their privacy, buying crypto without completing a form of identity verification process can be challenging, especially with...
Man Fingered in the July 2022 Hack on 2 Decentralized Exchanges Pleads Guilty to Computer Fraud
18.12.2023
U.S. Attorney for the Southern District of New York announced on Dec. 14 that Shakeeb Ahmed, a man accused of hacking two decentralized crypto exchanges, had pleaded guilty to the charge of computer fraud. Ahmed is said to have attempted to cover his tracks by using overseas crypto exchanges...
Blockchain Gurus Are Quietly Stockpiling This Undervalued AI Crypto Gem – What Do They Know?
10.11.2023
Launchpad XYZ: Shaping the future of AI crypto. Image by Launchpad XYZ, X. Decentralized Web 3.0 services are set to level up with the debut of Launchpad XYZ, which will provide AI-optimized crypto trading, swapping, and fractionalization. The overwhelmingly positive response to its presale...
Can we safely turbocharge asset swapping across exchanges by going off-chain?
19.10.2023
In the realm of blockchain technology, the quest for a higher transaction per second (TPS) rate is considered paramount for the continued success of any project. Similarly, the allure of accelerated asset swapping across different exchanges is undeniable; however, the intrinsic mechanisms of block...
MoonPay Unveils Cryptocurrency Swapping Feature in Its App – Here's the Latest
9.10.2023
Crypto payments infrastructure firm MoonPay has unveiled a new feature in its app that enables users to swap one cryptocurrency for another.
"Introducing Swaps! Unlock the value from the assets you already own by swapping over 1,500 trading pairs," the company said in a recent post on X (formerly...
Scammer Makes Off Around $400K in 24 Hours by Targeting Friend.tech Users Through SIM Swapping Scams
5.10.2023
A hacker has stolen approximately $385,000 worth of digital assets in the past 24 hours by performing SIM-swapping attacks on friend.tech users.
In a recent post on X (formerly Twitter), blockchain sleuth ZachXBT revealed the scammer had pilfered 234 ETH over the past 24 hours by SIM-swapping...
Hack of Vitalik Buterin's X Account Leads to $691K Stolen
11.9.2023
Hackers who took control of Ethereum founder Vitalik Buterin's X account have stolen more than $691,000 after posting a malicious phishing link that gained access to people's wallets
US Court Hands 3-Year Jail Sentence to Man Accused of Conspiring to Defraud Crypto Holders
23.8.2023
A U.S. court has sentenced a man accused of conspiring to defraud cryptocurrency owners to three years in prison. The court also ordered the man to pay $2,816,433 in restitution to 11 victims of his Subscriber Identity Module (SIM) swap fraud scheme. SIM Swap Fraud Scheme A United States district...
Classic Nintendo Systems Get Beautiful Mechanical Keyboard Tribute Dek
31.7.2023
8BitDo has released countless controllers for every console, old and new. Now it’s getting into the mechanical keyboard frenzy with two models inspired by the NES and Famicom. They’re priced at $100 each with a planned ship-date of August 10.Read more
2020 Twitter Hacker Sentenced to 5 Years on Crypto Theft, SIM Swapping Scheme
23.6.2023
Joseph O'Conner, a British man who made roughly $900,000 in an elaborate Twitter hack and a separate crypto-related SIM-swapping scheme, received a 5 year sentence from a federal judge on Friday, Inner City Press reported
ROOK Investors Begin Swapping Tokens for $25M Crypto Treasury
14.4.2023
Holders of the former governance token have 90 days to exchange their ROOK for USDC
Debate over 2FA using SMS after sim-swapping victim sues Coinbase
8.3.2023
While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA
Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes
1.2.2023
After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super agents have been deployed...