Crypto News

Binance-Hacked

Major Exploit in Chrome Extensions Affecting Binance Accounts

One of the biggest vulnerabilitiy in a Chrome extension has been exploited lately within a large-scale attack directed against Binance users and leading to the significant loss of funds. This blog post will provide a detailed description of the specific attack, determine its consequences and further steps users can take to avoid this type of […]

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Unleashing Bitcoin DeFi

Unleashing Bitcoin DeFi: Exploring the Untapped Potential

After its inception in middle 2009, Bitcoin DeFi has entered the financial system and proved to be an inflation hedge. Some countries, such as El Salvador, have incorporated it as their legal currency. In essence, Bitcoin quickly rose to $1 by March, 2024 in terms of its market capitalization. Said to be worth $4 trillion

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Major-Crypto-Hacks-May2024

CertiK’s Comprehensive Report on Crypto Hacks

CertiK a Blockchain Security Firm provides information in its recent report on the loss incurred in the May of Cryptocurrency domain because of various exploits, flash loan attacks, and exit scams in May 2024. The total amount of losses reached 42$. 6 million with flash loan attack scams as the most common form totaling to

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CZ-Binance-in-prison

Changpeng Zhao Begins Jail Term with Community Support

It is worth starting with the fact that litigation occurred in the context of accusations of non-compliance with regulatory requirements and financial fraud against CZ. Althouth Binance has opened offices in different countries and tries to obey different laws and regulations in these countries, some of them accused the exchange of participating in the money

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Tether In Hong Kong Could Make A Comeback

Can Tether In Hong Kong Make a Big Return?

Tether has an extremely bright future ahead of it especially in Hong Kong which recently had Brock Pierce campaigning for it. Brock Pierce, co-founder of Tether and former chairman of the Bitcoin Foundation is publishing this week’s hint at the possibility of coming back to Hong Kong. Cryptocurrency mining by individuals evokes memories of the

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Velocore Hack Results in Loss

Velocore Hack Results in Loss of $10 Million from User Liquidity Pools

Velocore Breach: A detailed analysis Currently, a DEX Velocore, operating on zkSync and Linea blockchains, was likely to have been hacked. It led to the loss of $10 million in user liquidity with this comment: The Execution of the Velocore Hack The hack occurred when Linea Blockchain, in which Velocore is based, had temporarily ceased

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Do-kown-sec-case

Do Kwon’s SEC Fraud Case: Key Updates

Do Kwon CEO of Terraform Labs, and his company are embroiled in a significant fraud case with the U.S. Securities and Exchange Commission (SEC). This case has drawn considerable attention due to its implications for the cryptocurrency market and regulatory landscape. The SEC accused Terraform Labs and Do Kwon of defrauding investors through the misleading

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Bitcoin Owners Aren't 'Psychopaths

Myth Busted: Bitcoin Owners Aren’t ‘Psychopaths’

The truth that has come out through recent studies is contrary to the stereotype of Bitcoin investors which is most times portrays as being irresponsible and immature. A new study conducted by Stefano Di Domenico, a behavioral scientist and an assistant professor at the University of Toronto, said that Bitcoin users are very informed, have

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ETH ETF Approval Secret

Bitwise’s Executive Reveals ETF Approval Secret

Bitwise Executive Katherine Dowling pointed out that the ex-President Trump might have been the only person who knew that spot Ethereum ETFs would be initially approved by the SEC. At the Consensus cryptocurrency conference, Dowling said: “Trump maybe was the only one that knew about it. I think Trump knew that we were going to

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U.S.-DOJ-legal-actions

Unveiling Botnet Cybercrimes: The $130M Case

The U.S Department of Justice has recently captured Yunhe Wang, a Chinese national, involved in a major botnet crime that led to losses of over $130 million. Wang allegedly seized control over 19.5 million private IP addresses through the 911 S5 botnet, distributed the malware and sold it to global criminals. The Botnet Operation This

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