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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...
Fintech Provider Portal Raises $34 Million in Seed Funding
1.2.2024
Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech...
Portal Raises $34 Million to Develop Decentralized Bitcoin Cross-Chain Swaps
30.1.2024
Fintech provider Portal has raised $34 million in seed funding to develop its Bitcoin-based decentralized exchange (DEX) which will aid cross-chain swaps between multiple networks. In a Jan 30 announcement, the company disclosed an exit from stealth mode and an inflow of $34 million to build...
SEC Got SIM Swapped: How Hacker Gained Control of SEC’s X Account
24.1.2024
The U.S. Securities and Exchange Commission (SEC) has admitted that a SIM swap attack compromised its X account, where a fake announcement about the approval of spot bitcoin exchange-traded funds (ETFs) was posted. “The unauthorized party obtained control of the SEC cell phone number...
$WIF Pumps 35% on BitMex/Binance Listings, Then Dumps as $GFOX Sails to $3 Million
23.1.2024
Binance and BitMEX recently made $WIF available for trading via a new listing – WIF/USDT. The platforms described the perpetual swap as the token’s first major listings. From the look of things, this listing initially had a positive impact on $WIF’s price action before selling-off. On...
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...
Court Uses Bitcoin Blockchain for Legal Summons, Revolutionizing Defendant Notification
15.1.2024
A federal court in the U.S. has accepted the validity of using information contained in a Bitcoin transaction to notify a defendant about a civil action. The case, believed to be the first where this method is accepted, might help solve hundreds of cryptocurrency theft cases in which...
Multiple Crypto Influencers Struck By SIM Swap Attacks – Here Are The Details
22.12.2023
Source: Pixabay SIM swappers are beginning to target crypto influencers ahead of the holidays, with some taking control of their high-profile accounts on X. Some include the accounts of crypto investment firm Manifold Trading and its founding partner, Jae Chung. Unlike regular posts about platform...
Hacker Seeks Civility in $47 Million Kyberswap Heist, Demands Friendly Negotiations
30.11.2023
In the wake of Kyberswap, a decentralized exchange (dex) platform, suffering a $47 million loss due to a cyberattack, the perpetrator indicated a readiness to engage in negotiations. Yet, despite expressing an openness to resolution, the hacker lamented encountering primarily “received (mostly)...
Cross Chain Swap Token FLIP More Than Doubles on First Day of Trading
24.11.2023
FLIP, the native token of cross-chain swap platform ChainFlip, surged more than 150% to as high as $5.94 on its first day of trading
Sushi Makes DeFi History with Native Bitcoin on ZetaChain
17.11.2023
Source: Adobe / David Decentralized finance (DeFi) protocol Sushi has made history by adding support for the use of native Bitcoin (BTC) on its protocol through an expansion to ZetaChain. The move, announced by Sushi in a blog post on Thursday, will allow users to seamlessly swap BTC across...
DEX Platform Uniswap Rolls Out Android App With Swap Feature
14.11.2023
Source: Uniswap Popular Ethereum-based decentralized exchange (DEX) platform Uniswap has finally released its Android mobile wallet app to the public. Making the announcement on X (formerly Twitter), the automated market maker (AMM) protocol stated that the app is now available for...
Uniswap launches Android wallet app with built-in swap function
14.11.2023
The Uniswap Android app has finished beta testing and is now publicly available
Bitget integrates DeFi aggregator into crypto exchange app
9.11.2023
The new feature lets users access liquidity from various decentralized exchanges including Uniswap, PancakeSwap and Curve
Is It Too Late to Buy PancakeSwap? CAKE Price Boosts 92% with Buzz Growing Around a New Crypto Casino Project
6.11.2023
In a dramatic rally, PancakeSwap’s native token CAKE has exploded, with CAKE price firing up +92% in a 48-hour blast above the 200DMA. This comes as trading volumes on PancakeSwap leap +43.8% in the past 24-hours, as interest in Binance Smart Chain coins continues to grow – driving...
Is Uniswap Going to Zero? UNI Price Falls 6% as New Swap Fees Go Live and New Crypto Project Raises $570,000
18.10.2023
Leading DEX Uniswap has fallen -6% to rock-bottom levels following the introduction of a new 0.15% fee on crypto swaps involving Ethereum, USDC and others.
The decision for a new fee levy on DEX traders comes as Uniswap Labs seeks new funding to manage their over-extended operations. This...
Uniswap to charge 0.15% swap fees beginning Oct. 17
16.10.2023
Fees will not be collected on inter-stablecoin trades, nor on wrapping Ether
Israeli Shekel Hits 7-Year Low Amid Conflict; Central Bank Launches $30B FX Intervention
10.10.2023
On Monday, as tensions escalated between Israel and Hamas militants from the recent weekend skirmishes, the Israeli shekel plummeted to its weakest level in seven years. Responding to the declining currency, the Bank of Israel unveiled a strategy to offload up to $30 billion in foreign exchange...
Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic
10.10.2023
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North...