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Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum
10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...
Crypto Trading Platform Hotbit Suspends Service Amid Criminal Investigation Into Former Employee
10.8.2022
Hotbit suspended crypto trading, deposits and withdrawals due to a criminal investigation into a former employee that led law-enforcement authorities to freeze some of the firm's funds
German Crypto Exchange Nuri Files for Insolvency
10.8.2022
Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured. Crypto Exchange...
Blockchain Payments Platform Ansible Labs, Founded by Visa Alums, Raises $7M
10.8.2022
The startup is building a bank-grade off-ramp for Web3 transactions
South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover
10.8.2022
The new platform, which is being built on the Solana blockchain, is a collaboration between Naver-owned Zepeto and Jump Crypto, the cryptocurrency arm of U.S.-based Jump Trading
Polygon and Neowiz Launching Intella X, Web3 Game Platform
10.8.2022
Polygon recently announced a partnership with Neowiz Corporation to release Intella X, an upcoming Web3 game platform. The collaboration will bring several popular Neowiz titles like Brave Nine and Cats & Soup to Web3. Neowiz holds unmatched prominence in the South Korean market as a renowned...
Kazakhstan Investigates Crypto Mining Hotel Allegedly Operating as Ponzi Scheme
10.8.2022
Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies. The platform, called Bincloud, lured investors through popular messaging apps. Bincloud...
Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions
9.8.2022
Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe of well known wallets tied to ENS domain names. Onchain data shows that a number...
OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M
9.8.2022
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Following the ban, the internet hosting service for software and open source code...
Crypto Intelligence Platform Messari Plans to Raise $35M at $300M Valuation: Report
9.8.2022
Messari raised $21 million last year in a round led by Steve Cohen's Point72 Ventures
Blockchain Analytics Platform Merkle Science Raises $19M to Take on Bridge Exploits
9.8.2022
The threat detection company added funding to its Series A round, which now totals more than $24 million
Elon Musk Challenges Twitter’s CEO to Public Debate on Fake Accounts and Spam Bots
9.8.2022
Tesla and Spacex CEO Elon Musk has challenged Twitter’s CEO to a public debate over the platform’s fake accounts and spam bots. A recent poll conducted by Musk showed that nearly 65% of respondents do not believe that less than 5% of Twitter daily users are fake or spam. Musk...
LBank Exchange Will List Drive Crypto (DRIVECRYPTO) on August 9, 2022
9.8.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Aug. 8, 2022 – LBank Exchange, a global digital asset trading platform, will list Drive Crypto (DRIVECRYPTO) on August 9, 2022. For all users of LBank Exchange, the DRIVECRYPTO/USDT trading pair will be officially available for trading at 23:00 (UTC+8)...
Amber Group Brings Retail Trading Platform to Brazil
8.8.2022
The platform, which has been operational in the South American country since June, will also enable the delivery of loans
US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC’s SDN List
8.8.2022
On Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application Tornado Cash. OFAC has cited that the mixer has helped North Korean hackers such as the hacking syndicate known as Lazarus Group. OFAC Sanctions Tornado Cash...
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally
8.8.2022
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds...
Crypto lending platform Hodlnaut suspends services due to liquidity crisis
8.8.2022
Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST
Multi-Blockchain Platform Geeq Receives $25M 'Capital Commitment' From Investment Group GEM
8.8.2022
The funding will be released as performance milestones are met
Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms
7.8.2022
Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion deal to buy the platform. “The Musk parties bring their counterclaims for breach of contract...
VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions
6.8.2022
ZEBEDEE, Halborn, Hashflow, Socios and EtherMail headline the latest funding deals from the world of blockchain and cryptocurrency