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Gold Smugglers in Nepal Caught Exchanging 33kg of Gold for Tether USDT Stablecoin
23.11.2023
Source: AdobeStock / Krakenimages.com An international, organized criminal network has been busted for gold smuggling and using the tether (USDT) stablecoin in its $16 million-worth illegal operations. According to the local media report by The Rising Nepal, the group managed to smuggle 33 kg...
KyberSwap loses $46 million to a hack attack
23.11.2023
KyberSwap has asked its customers to withdraw their funds as soon as possible. The post published on X, formerly Twitter, has clearly laid that out by calling it a precautionary measure. KyberSwap is conducting the investigation, and it could take a while to resolve it. As a matter of fact,...
KyberSwap Hacked for $48 Million, Hackers Suggest Negotiations
23.11.2023
Source: KyberSwap KyberSwap, a decentralized exchange, has been compromised in a hack resulting in the theft of $48 million, prompting the platform to advise users to withdraw their funds while the attackers hint at entering negotiations. On-chain data indicates that the hack on KyberSwap resulted...
Netflix Director Gambles $4M Show’s Budget on Dogecoin, Makes $27M in Profits
23.11.2023
Source: Pexels Director Carl Erik Rinsch, known for “47 Ronin,” gambled portion of the $61.2 million budget received from Netflix for the sci-fi series “Conquest” on stocks and Dogecoin. Rinsch, 46, initially secured $44.3 million for his series, but as costs escalated,...
US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams
23.11.2023
The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of victims’ crypto deposits through numerous...
Congressman Calls for Gensler’s Removal After SEC Sues a Crypto Exchange Twice in 10 Months
23.11.2023
A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year after the exchange paid $30 million to settle...
KyberSwap DEX Hacked for $48 Million, Attacker Teases Negotiations
23.11.2023
Decentralized Exchange had over $80 million in total value locked before the incident
KyberSwap DEX exploited for $46 million, TVL tanks 68%
23.11.2023
The DEX aggregator has been exploited across multiple blockchains with millions in wrapped Ether and other assets stolen
Celebrating Kaspa’s 2nd Birthday: $1M Airdrop Campaign With OKX, Coinpal.io
22.11.2023
PRESS RELEASE. Massachusetts, USA, November 22nd, 2023, Chainwire. Kaspa, the revolutionary open-source, decentralized, and fully scalable Layer-1 blockchain network, is thrilled to announce its 2nd birthday celebration. To commemorate this significant milestone, together with industry leaders...
HTX exchange loses $13.6M in hot wallet hack: Report
22.11.2023
The incident affected the greater HTX, Tron, and BitTorent ecosystem
Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil
22.11.2023
In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss...
Heco Chain, HTX Hit by $100M Hack, Justin Sun Says Exchange Will Cover All Losses
22.11.2023
A recent hack drained $100 million worth of crypto from Heco Chain and HTX exchange. Image by Cihangir Stock, Adobe Stock. Cryptocurrency exchange HTX and blockchain protocol Heco Chain were exploited on Wednesday in a hack totaling $97 million worth of digital tokens, according to Justin Sun,...
Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback
22.11.2023
Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of $86 million. Subsequent to the heist, the stolen funds were redirected to various decentralized exchange (dex) platforms....
Is It Too Late to Buy Rollbit? RLB Price Stays Green and The Latest Telegram Casino Just Raised $2.8 Million
22.11.2023
Leading crypto casino Rollbit (RLB) has continued to fuel strength in the GambleFi vertical as RLB price stays green in face of a broader market downtick, and the market are taking notice, as capital floods into the latest Telegram casino presale with $2.8m currently raised. The sustained growth...
Suspicious Wallet Activity Indicates $110 Million Drain from HECO Bridge and HTX Exchange – What’s Going On?
22.11.2023
Blockchain security firms detect suspicious activity on HECO bridge and HTX with initial losses estimated at $110 million weeks after $100 million was drained from Poloniex. According to data from Cyver Alerts, a suspicious address has received $12 million from HTX cryptocurrency exchange followed...
HECO Chain bridge compromised, over $86.6M sent to suspicious addresses
22.11.2023
Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said HTX will fully compensate users for any losses
Solana Price Prediction as SOL Tops Altcoin Fund Inflow with $13.6 Million Last Week – Is SOL the New Investor Favorite?
22.11.2023
The Solana price has dipped by 3% in the past 24 hours, dropping to $54.67 after Binance’s settlement with the US Department of Justice sent the entire market lower yesterday. SOL is now down by 8.5% in the past week, yet the altcoin remains up by 26% in the past fortnight and by...
As Viral ETF Token Plummets 99%, This Other Bitcoin ETF Project Just Raised $1.3 Million – Next 100x Coin?
22.11.2023
As market hype around the prospect of an imminent Bitcoin Spot ETF grows, so too has super-charged price action on DEX markets, but in a move shocking markets this morning, viral BTC ETF token has rug-pulled – leaving investors scrambling for alternative plays. Recent months have seen a huge...
Genesis Files Lawsuit Against Former Business Partner Gemini Trust, Seeking to Recover $689 Million
22.11.2023
Source: AdobeStock / Timon Crypto lender Genesis Global Capital has taken legal action against cryptocurrency exchange Gemini Trust in an attempt to reclaim over $689 million. The lawsuit was filed in the US Bankruptcy Court for the Southern District of New York on Tuesday, alleging that Gemini...
Matrixport: Binance Plea Deal Boosts Approval Odds for Bitcoin Spot ETF
22.11.2023
Source: AdobeStock / JorgeEduardo Binance CEO Changpeng Zhao has entered a guilty plea, agreeing to a $50 million fine, while Binance itself is set to pay a $4.3 billion penalty. CZ’s sentencing hearing is scheduled for February 23, 2024, where he may face prison time of up to 18 months. This comes...