As if this week weren’t bad enough for many cryptocurrency owners, with stablecoins crashing and Coinbase suffering an outage at a particularly bad time, now they’ve reportedly been targeted by a new phishing attack. As reported by CoinDesk and The Block Crypto, sites including Etherscan, CoinGecko, and DexTools all warned...
NEW YORK (BLOOMBERG) – Crypto projects Rari Capital and Fei Protocol said they suffered a US$77 million (S$107 million) hack on Saturday (April 30), five months after their merger. An unverified Twitter account for Fei Protocol said it was aware of an exploit targeting various pools belonging to its merged...
Many people think blockchains are unhackable since they are supposed to be extremely secure and unalterable. However, human ingenuity often overcomes such limitations. We have seen enough incidents in the past that prove that the seemingly unhackable blockchains can, in fact, be hacked. One such hack on blockchains is the...
In April, SEC Chair Gary Gensler gave a cautious assessment of crypto: “lots of innovation, but plenty of hype.” Ripple general counsel Stuart Alderoty picked up on something else Gensler said in his speech at the University of Pennsylvania, in which he reminisced about studying at his alma mater’s law...
Warren Buffett declared on Saturday that bitcoin ‘doesn’t produce anything’. Photo: Bill Pugliano/Getty Bitcoin (BTC-USD) is having a tough time lifting above $38,000 as Warren Buffet’s recent derision of the number one cryptocurrency made holding this resistance level even harder. On Tuesday bitcoin slipped again, down 1.4%, seeing a slump...
Transfers from illegal digital wallets to DeFi platforms increased nearly 2,000% Cage Chen speaks with an attendee at the Cook Finance booth during the DCentral Miami Conference at the Miami Airport Convention Centre on Nov. 30, 2021, in Miami. (Photo by Joe Raedle/Getty Images) Decentralized finance (DeFi) platforms have gained...
Share this article Binance has recovered $5.8 million of funds stolen from Axie Infinity’s Ronin Bridge by North Korea’s Lazarus Group, Changpeng Zhao has said. Binance Recovers Funds Binance has hit back against the Ronin bridge hackers. In a Friday morning tweet, Binance CEO Changpeng Zhao announced the exchange had...
