Search

Nalezeno "Funds": 2666

Caroline Ellison testimony: SBF bribed Chinese officials for $150M to unfreeze funds

12.10.2023
Caroline Ellison, the star witness in the Sam Bankman-Fried criminal trial, testified that SBF tried to use identities linked to Thai sex workers to unfreeze funds before bribing Chinese officials for millions

Avalanche-based Star Arena Recovers 90% of Hacked Funds, Offers 10% Bounty

12.10.2023
On-chain social platform, Star Arena has announced a recovery of assets drained from its platform over the weekend following an agreement with the hacker. In a post on X (formerly Twitter), the platform disclosed that 90% of user assets have been recovered while the hacker was offered a...

Crypto Stolen From Indian Businessman Used by Hamas in Attacks on Israel

12.10.2023
Nearly 4 crore INR ($480,000) crypto stolen from a businessman in Delhi, India has been traced back to crypto accounts linked to Hamas by Indian police. Indian authorities received input from Israeli intelligence agency Mossad regarding some suspect wallets that were being used by terror...

Stars Arena recovers 90% of stolen funds after offering $257K bounty

12.10.2023
The exploiter of the Web3 social media platform agreed to keep a 10% bounty in exchange for returning the remainder of the stolen funds

Galxe replacing 110% of funds users lost in recent front-end hack, over $400K

10.10.2023
The platform was the victim of a phishing scam that routed users to a website that drained their wallets after they approved a transaction

Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial

10.10.2023
Reports have suggested the former CEO of Alameda Research and SBF had largely been out of contact following the collapse of FTX in November 2022

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...

FTX hacker could be using SBF trial as a smokescreen: CertiK

10.10.2023
The still-unidentified FTX hackers started ramping up their movement of stolen funds in recent weeks, potentially using media attention of the trial as a cover to hide the illicit activity

First Mover Americas: Crypto Funds See Largest Inflows Since July

9.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Latam Insights: Argentina Announces National Digital Currency While Peso Sinks, Volcano Energy Launches Lava Pool

9.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine government announces a national digital currency project, Volcano Energy launches Lava Pool, the first Salvadoran Bitcoin mining pool, and...

Social On-Chain App Stars Arena Suffers $2.9 Million Hack; Team Secures Funds to ‘Close the Gap’

8.10.2023
Stars Arena, an on-chain social app built on the Avalanche blockchain, suffered a $2.9 million hack Saturday, when hackers took advantage of a vulnerability in its smart contract, draining funds. Stars Arena’s team has already announced that it has secured the funds to close the gap and will...

HTX claws back $8M in stolen funds, issues 250 ETH bounty to hacker

8.10.2023
HTX was drained of 5,000 ETH in late September, and moved swiftly to get the funds back from the hacker

Stars Arena secures funds to plug $3M exploit, set to reopen after security audit

8.10.2023
Stars Arena was hacked for roughly $3 million worth of AVAX tokens, with the hacker reportedly sending the funds to the Fixed Float crypto exchange

Report: Hong Kong Crypto Exchange JPEX Converts Users’ Funds to an Illiquid Digital Token

7.10.2023
The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not inform them of the conversion rate used to complete...

Bankman-Fried’s House of Cards? FTX Co-Founder Gary Wang Spills the Beans on Alleged Misuse of Client Funds

7.10.2023
On Friday, FTX’s co-founder, Gary Wang, delivered a riveting testimony to federal prosecutors, alleging that CEO Sam Bankman-Fried covertly diverted billions from customer accounts to fuel trades for his hedge fund, Alameda Research. Wang detailed how Bankman-Fried allegedly instructed him...

Thorswap Halts Operations Amidst FTX Hacker’s Fund Movement; RUNE Drops 8.6%

6.10.2023
The decentralized exchange (dex) Thorswap has paused operations after a series of funds stemming from the FTX hacker was sent to the dex protocol. Thorswap took to social media and said that the team “stands firmly against any and all criminal actions.” Thorswap Pauses Amidst FTX Hack...