Wintermute Offers Bounty For $160M DeFi Hack
Wintermute’s CEO, Evgeny Gaevoy, has declared the company solvent after encountering a $160M DeFi hack Gaevoy is also offering a 10% bounty to hackers in exchange for stolen funds. After…
New York Court Orders Tether To Provide USDT Financial Records
Summary: USDT issuer Tether was ordered to make financial documents for its stablecoin available to the court. The order issued by a New York judge also applies to Bitfinex. Tuesday’s…
The Reason Behind Ethereum’s Decline? ETH Miners Dump 17,000 ETH in A Week
ETH miners have dumped 17,000 ETH in the last seven days, which could be attributed to ETH’s decline. Ethereum is currently trading at $1,330, down 2.16% in the last 24…
Helium Taps T-Mobile For Broader 5G Coverage
Summary: Decentralized wireless network Helium has signed a partnership with mobile network heavyweight T-Mobile. The deal is valid for five years and will power broader 5G coverage for users. Nova…
Michael Saylor’s Microstrategy Buys The Dip By Purchasing Another $6M Bitcoin
Michael Saylor confirmed today that Microstrategy purchased an additional 301 Bitcoins at an average price of $19,851 per Bitcoin. According to Saylor, Microstrategy now holds $130,000 Bitcoins acquired at an…
Revolut Data Breach Ends Up Exposing Personal Details Of Nearly 50,000 Users
The report from the State Data Protection Inspectorate confirms that the Revolut data breach may have impacted 50,000 of its customers. Revolut had recently encountered a malicious cyber attack that…
Nasdaq Readies Crypto Custodial Offering For Institutional Players
Summary: Nasdaq.Inc has eyes on offering crypto custodial services to institutional investors. The stock exchange boasts a new digital department led by former Gemini official Ira Auerbach. This is Nasdaq’s…
Wintermute’s DeFi Operations Suffers $160 Million Hack
Summary: Crypto market maker Winteremute was hacked on Tuesday. Losses from the incident are estimated at $160 million at press time. The hack only affected decentralized finance operations, platform CEO…
The Search For Do Kwon Intensifies As South Korean Prosecutors Ask Interpol To Issue Red Notice Against The Terraform Labs Founder: Report
South Korean prosecutors have reportedly contacted Interpol to request the issuance of a red notice against Kwon Do Kwon’s whereabouts are still unknown, leading the South Korean prosecutors to amp…
Vasil Is In The Air: IOHK Head Charles Hoskinson Explains The Future Cardano Roadmap, Says Vasil Upgrade Is On Track For This Week
Cardano founder Charles Hoskinson is bullish on $ADA. In a new video update shared via YouTube, Hoskinson says that the Vasil Hard Fork is ready to launch on September 22…
SEC Indicts Ian Balina For 2018 Unregistered SPRK ICO
Summary: The U.S. Securities and Exchange Commission has charged Ian Balina, CEO of Token Metrics Balina is accused of conducting an initial coin offering for the Sparkster (SPRK) token in…
China’s Digital Yuan Faces Strict Disclosure Policy From Australian Lawmaker
Summary: Senator Andrew Bragg proposed a crypto bill to facilitate tight disclosure requirements. The bill targets China’s Digital Yuan as Beijing tests cross-border utility for the central bank’s digital currency.…
UK’s FCA Warns Consumers That FTX Is Not Authorised In The Country
The Financial Conduct Authority (FCA) said that FTX wasn’t authorized to offer financial products or services. FTX has offered similar warnings in the past, most notably with respect to Binance.…
Terra Founder Do Kwon Might Be On A Run: Report
A Bloomberg report citing South Korean prosecutors assert that Do Kwon might be evading the investigation launched against him The Terra founder is not in Singapore as presumed earlier, raising…
GMX Allegedly Exploited For Over $565,000 On Avalanche (AVAX)
Summary: Decentralized exchange GMX might have suffered price manipulation on the AVAX/USD pair. Estimates losses from the incident exceed $500,000, per reports. The exploit was first noticed by on-chain security…