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Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash


In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash....

ProBit announces support for Bitcoin cash upgrade and hard fork


Bitcoin Cash Node v27.0.0 upgrade and hard fork are scheduled for May 15, 2024. ProBit has come forward, announcing that it will support both processes for Bitcoin Cash. The only important date to note is May 15, 2024, when deposits and withdrawals of BCH will be suspended until further notice....

Nigerian Fintech Startup Chipper Cash Lays Off Employees in US, UK


The Nigerian fintech startup, Chipper Cash, recently abolished the roles of 20 workers based in the U.S. and U.K. The CEO Ham Serunjogi said this decision aligns with its goal of maintaining high operational efficiency and moves the startup closer to profitability. Layoffs Set Chipper Cash...

Arbitrum Proposal to Fund Tornado Cash Developers Defense Withdrawn


A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbitrum treasury, criticized the move, stating...

South Korean Police Arrest ‘Multinational Gang of OTC Crypto Thieves’


OTC crypto crime appears to be on the rise in South Korea, where police say they have arrested a “multinational gang” who allegedly locked a woman in a car before stealing cash. The post South Korean Police Arrest ‘Multinational Gang of OTC Crypto Thieves’ appeared first on Cryptonews

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