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Super Sushi Samurai Token Crashes by 99% After Critical Exploit


Following a critical double-spending glitch, the GameFi project Super Sushi Samurai token's market value plummets 99.9% with $4.8 million withdrawn from its liquidity pool. The post Super Sushi Samurai Token Crashes by 99% After Critical Exploit appeared first on Cryptonews

US Law Enforcement Arrests Mastermind of $1.2 Million MEV Rug Pull Scam


  The U.S. law enforcement authorities have arrested Robert Robb, a MEV bot engineer known as “pokerbrat” for allegedly masterminding a $1.2 million crypto rug pull scam. Robb was detained on March 20, according to a screenshot from the Detention Center Inmate information of the Henderson...

Meme Coin Presale Trend Goes Wild on Solana: Almost $150 Million Raised


An investigation carried out by blockchain sleuth Zackxbt has found that the trend where individuals ask for funds on social networks and promote their meme coin launches has grown in popularity. Almost $150 million has been raised on Solana after Book of Meme (BOME), the token that pioneered this...

DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam


Texas resident Robert Dunlap has been arrested on federal mail fraud charges in connection with the “Meta-1 Coin” scam that saw investors drained of over $10 million, the Department of Justice reveals. The alleged fraudster had claimed the token was backed by $44 billion in gold and priceless...

Floki joins Carbon Browser to reach over 7 million DeFi users


A partnership between Floki and Carbon Browser has increased the company’s Web3 visibility, in addition to its overall usability and other significant factors. These consist of increased liquidity and availability, which attract more users. It is worth noting that the increase in visibility...

Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day


Bitcoin spot exchange-traded funds (ETFs) in the United States have witnessed a three-day streak of net outflows, with a total of $261.5 million leaving the ten approved funds on March 20.    The post Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day appeared first on Cryptonews

Morph EVM Raises $20M Funding Led by DragonFly Capital


Ethereum Virtual Machine (EVM) Layer 2 firm Morph, has raised $19 million in a seed funding led by DragonFly Capital.   The post Morph EVM Raises $20M Funding Led by DragonFly Capital appeared first on Cryptonews

Sygnum carries out the tokenization of $50 million


Sygnum carries out the tokenization of USD 50 million worth of Matter Labs’ reserve treasury on the zkSYNC blockchain. This is a move toward digital asset economy incorporation in finance. The security tokens with Sygnum are on-chain duplicates of Fidelity International’s large Institutional...

South Korean Altcoin Issuer Arrested on $16.1m Fraud Charges


A South Korean altcoin issuer has been arrested on fraud charges. Prosecutors in the country have accused him of duping investors out of $16.1 million. The post South Korean Altcoin Issuer Arrested on $16.1m Fraud Charges appeared first on Cryptonews

Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges


Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...

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