The hack was perpetrated through a flash loan attack Polter Finance, a decentralized platform specializing in lending and borrowing, has halted its operations following a significant hack that resulted in the loss of $12 million. The breach, confirmed on November 17, targeted the platform’s newly launched SpookySwap (BOO) market, which reportedly had a valuation of
The states accuse the securities regulator of overstepping its authority on cryptocurrency A total of 18 US states, including Texas, Ohio, and Kentucky, have launched a lawsuit against the Securities and Exchange Commission (SEC) and its chair, Gary Gensler, accusing the agency of overstepping its authority in its regulation of the cryptocurrency industry. The states
Kevin Mirshahi was found murdered three months after having gone missing The body of Canadian crypto influencer Kevin Mirshahi, who had been missing since June, was recently found in a Montreal park. Police confirmed that Mirshahi’s decomposing remains were discovered by a passerby in Île-de-la-Visitation Park on October 30. Authorities conducted an autopsy to verify
The introduction of the exchange across Europe follows a launch in the UK earlier this year Revolut, the digital banking platform known for its cryptocurrency-friendly services, is making a major push in Europe with the launch of its dedicated crypto exchange, Revolut X, in 30 new countries within the European Economic Area (EEA). This expansion
The defunct cryptocurrency exchange believes Binance conducted fraudulent transactions FTX launched a lawsuit against Binance and its former CEO, Changpeng Zhao, claiming that $1.8 billion in “fraudulent transfers” were made to Binance and its executives. The lawsuit hinges on a 2021 transaction where Binance sold back its stake in FTX, acquired in 2019, to FTX
Bitget is setting up a $20 million funding program to entice the creation of more apps Bitget Wallet, the non-custodial crypto wallet from Bitget exchange, is amplifying its support for Telegram-based applications with a new initiative focused on fostering development in the Telegram Mini App ecosystem. In collaboration with crypto investment firm Foresight Ventures, Bitget
The kidnappers allegedly demanded $1 million to release the executive Dean Skurka, CEO of Toronto-based crypto firm WonderFi Technologies, reportedly became the target of a high-stakes kidnapping. It ended with his release after a $1 million ransom was allegedly paid. According to a CBC report yesterday, Skurka was forced into a vehicle in downtown Toronto
The company is looking to capitalize on the massive amount crypto market traffic Arkham Intelligence, a blockchain analytics firm known for its tools to track blockchain transactions, has announced the launch of its own cryptocurrency derivatives exchange. The new platform, targeting retail traders, aims to stand out in a competitive market by integrating Arkham’s research
The MacOS operating system may not be as secure as once thought A recently discovered Trojan targeting MacOS devices has sparked serious concerns among cryptocurrency users. Known for bypassing Apple’s security and going straight for sensitive data, the malware is built to steal cryptocurrency wallet information within seconds of installation. It relies on a phishing
The SEC amended its complaint against the cryptocurrency company, which continues to fight back Binance and its former CEO, Changpeng “CZ” Zhao, are pushing back against the US Securities and Exchange Commission (SEC) in an ongoing legal case, challenging new claims that add more tokens to the list of alleged securities violations. On November 4,
The rapper becomes the latest target of weak security on the social media platform Over the weekend, rapper Wiz Khalifa’s X account was reportedly compromised in a scheme to promote a fraudulent cryptocurrency. The hacked account, boasting an audience of 35.7 million followers, featured a post claiming Khalifa was launching a new memecoin called “$WIZ”
The crypto ecosystem has had to constantly fight legal battles against the securities watchdog The Blockchain Association, a key advocacy group for cryptocurrency and blockchain technology, recently reported that the US Securities and Exchange Commission (SEC) has cost the crypto industry at least $426 million in legal defense costs. This hefty price tag, according to
Our Responsible Gambling program verifies that all players are of legal age and provides customizable self-exclusion tools for our tables, sportsbook, and casino.
Most Common