Fri, March 28

FBI Slaps Accusations on North Korean Lazarus Group for the Bybit Hack

Although the cryptocurrency market is establishing camp at the bearish end of the zone, it remains active. The past day’s highlight was the Solana ETF being listed on DTCC. Another notable factor was Bitcoin’s fall to $84K, which the community members are seeing as an opportunity to ‘buy the dip’. 

February 27, 2025 2 mins read

Scammer Uses Sam Bankman-Fried X Reappearance to Launch Fake Memecoin

The crypto market has decided to slump further down as the week progresses. This is combined with the news of South Dakota’s Bitcoin Reserve bill making it a bearish day for the sector. Meanwhile, the memecoin industry has also joined in to show its own activity, coinciding with Sam Bankman-Fried’s

February 25, 2025 2 mins read

US CFTC Convicts Church Pastor For Scamming Members in Crypto

A mid-week slump has taken place in the crypto sector after the previous day’s grave incident. A daunting silence, not novel to the community, hangs over its X space and other sub-sectors. Prices have been working towards a recovery but not enough to grab a spotlight. Meanwhile, the CFTC has

December 11, 2024 2 mins read

US Government Moves FTX Seized Funds Post Bitcoin Transfers

The crypto market is ablaze with activity as several altcoins stage bull runs. In an additional spur, discussions on who would succeed Gary Gensler as SEC Chair have spiked quite the interest. Prominent journalists such as Eleanor Terret speculate that Paul Atkins will be the next SEC Chair. Meanwhile, the

December 4, 2024 2 mins read

Was FTX Repayment Plan Announcement A Contribution to the Bull Run?

This day might rise as a remarkable milestone in crypto history, for two coinciding events taking place. Bitcoin has come closest to hitting the $1 million target with a new all-time-high standing at $99,000. This has led to a full-fledged bull run in the crypto market. The overall market cap

November 22, 2024 2 mins read

Radiant Capital Loses $50M in its Second Attack This Year

With the approaching US elections, there have been some intriguing advancements in the digital assets sector. Amid new announcements, members have also witnessed security concerns being raised. Recently, on Wednesday, the Cosmos Hub’s systems were identified as having security vulnerabilities and recommended for an audit.  Meanwhile, the DeFi platform, Radiant

October 17, 2024 2 mins read

BingX Suffers Crypto Attack Losing Funds Estimated Over $43M

Singapore-based cryptocurrency exchange BingX reported a hack in the Asian morning hours of September 20. H2 2024 has seen increasing reports of cryptocurrency hacks to various institutions. While WazirX remains the major scam narrative this year, other firms have also reported hacks.  According to BingX Chief Product Officer Vivian Lin’s 

September 20, 2024 2 mins read

DeFi Protocol DeltaPrime Hacker Moves 50% of Stolen Funds to Tornado Cash

Cryptocurrency’s active community has combated several scams since the very beginning. However, in the recent 9-month duration of 2024, a surge in crypto scams has been observed. The surge has occurred both in terms of the amount of funds lost and in the magnitude of the hacks. Recently, DeltaPrime DeFi

September 17, 2024 2 mins read

WazirX Exploiter Moves Funds As Platform Processes Fund Recovery

The WazirX exploit has been the talk of the community for the past two months. Having become the largest cryptocurrency hack in 2024, all eyes are set on the platform’s plans and actions for recovery. Meanwhile, the WazirX hack drew new attention in the market as exploiters made their first

September 3, 2024 2 mins read

Indian Man Kidnaps Two BitConnect Employees to Retrieve Losses

Cryptocurrency scams persistent over the past decade, often resurface from previous years for several reasons. For instance, the recent Mt.Gox payment of funds caused a stir in the market. The recent sentencing of Sam Bankman-Fried for the FTX collapse is a similar example.  In the last week, a particular investor

August 19, 2024 2 mins read