US authorities recover $30 million of hacked ‚Axie Infinity‘ crypto funds
US authorities, with help from blockchain analyst Chainalysis, have recovered $30 million worth of cryptocurrency stolen from Axie Infinity in March. It’s but a fraction of the $625 million the play-to-earn game lost to the North Korean-linked hacking unit known as the Lazarus Group, but it’s a significant achievement for law enforcement and the crypto community. Chainalysis says this is the […]
Experts Warn of Browser Extensions Spying On Users via Cloud9 Chrome Botnet Network
The Keksec threat actor has been linked to a previously undocumented malware strain, which has been observed in the wild masquerading as an extension for Chromium-based web browsers to enslave compromised machines into a botnet. Called Cloud9 by security firm Zimperium, the malicious browser add-on comes with a wide range of features that enables it to siphon […]
At least $1 billion of client funds missing at failed crypto firm FTX, sources say
At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the people told Reuters. A large portion of that total has since disappeared, […]
Crypto.com Withdrawals Rise After CEO Admits Transaction Problem
Concerns about the Singapore-based Crypto.com spread, with digital-currency traders on edge following the quick collapse of rival exchange FTX Crypto.com CEO Kris Marszalek admitted that a transfer was mishandled, but said the company’s processes have since been strengthened.PHOTO: BLOOMBERG Cryptocurrency platform FTX filed for chapter 11 on Friday and CEO Sam Bankman-Fried resigned. WSJ’s Vicky Ge […]
Totalabsturz bei Kryptobörse könnte Milliardenschaden bescheren
Der Schaden durch die Pleite der US-Kryptobörse FTX ist noch nicht bemessen. Viele Großinvestoren stellen sich auf einen Totalausfall ein Die älteste Kryptowährung Bitcoin ist rund um die Turbulenzen bei FTX unter die Marke von 16.000 Dollar gefallen. Auch andere Kryptowährungen verloren an Boden. Foto: Reuters / Dado Ruvic Es ist nicht die erste […]
FTX hacker still draining exchange wallets? Analyst calls it on-chain spoofing
The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets. The FTX hacker that drained over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continues to drain assets from […]
Crypto Investors Shun Tether For USD Coin During Periods Of Market Turmoil
An illustration picture taken in London on May 8, 2022, shows a gold plated souvenir cryptocurrency … [+] The collapse of a $32 billion crypto exchange placed a spotlight on stablecoins, the $145 billion lubricant greasing the entire digital-asset industry. During times of uncertainty, stablecoins represent a safe harbor for investors to park their funds and […]
ECB says bitcoin is on ‘road to irrelevance’ amid crypto collapse
European Bank criticises digital currency sector for facilitating illegal activity The value of the virtual currency has plummeted from a peak of almost $70,000 to a low of $16,000 since the collapse of crypto exchange FTX. Photograph: Dado The European Central Bank says bitcoin is on an “artificially induced last gasp before the road to […]
Wie Nordkoreas Hacker Kryptowährungen in Millionenhöhe stehlen
Strafverfolger und Finanzexperten werfen Nordkorea Kryptodiebstähle durch staatliche Hacker vor – offenbar ein zunehmend lukratives Geschäft für das Regime. Tokio Für die Kryptowelt ist 2022 ein fürchterliches Jahr. Das liegt nicht nur an einer langen Serie von Skandalen wie dem Kollaps der Börse FTX, sondern auch am nordkoreanischen Diktator Kim Jong Un, zumindest wenn man westlichen Strafverfolgern und […]
Argo Blockchain may have accidentally reveals plans for bankruptcy
Crypto mining company Argo Blockchain may be filing for bankruptcy, according to an accidental announcement. Argo Blockchain, a crypto mining company, has reportedly accidentally revealed a petition for bankruptcy. This news was reported by Will Foxley, the Content Director at Compass Mining, who shared a screenshot of the special announcement from Argo Blockchain, which was […]
