Sunday , June 16 2024
Home / Tag Archives: social (page 56)

Tag Archives: social

Class Action Lawsuit Filed Against Atomic Wallet After a $12 Million Loss (Report)

A collective of 50 Russian customers of the non-custodial decentralized wallet – Atomic Wallet – have reportedly launched a class action lawsuit against it after becoming victims of a recent $100 million exploit.  Some believe the North Korean hackers – the Lazarus Group – were responsible for the heist. However, Boris Feldman (who coordinates the victims’ efforts) thinks there might be Ukrainian involvement in the attack. Working on Recovering Lost Assets According to recent...

Read More »

USDC to Launch on These 6 Blockchains Within 2 Months: Report

In a significant move within the crypto realm, Circle, the company behind USD Coin (USDC), said it will extend support for its stablecoin to six more blockchains in the next two months. Based on a joint release by Coinbase and Circle, USDC, already available on nine blockchains, including Ethereum, Arbitrum, Avalanche, Stellar, Tron, Flow, Algorand, Hedera and Solana, will be rolled out on additional chains. While the release does not mention names, earlier reports from...

Read More »

Former Alameda Engineer Explains How SBF Stole His Savings

A former engineer at Alameda Research has come forward with claims on X that his entire life savings were stolen by Sam Bankman-Fried (SBF), his former boss. Aditya Baradwaj paints a vivid picture of the rise and fall of FTX, exposing the contradictions, grand visions, and heartbreaking consequences that ensued. As an engineer at Alameda Research, I had my entire life savings stolen from me by my former boss: Sam Bankman-Fried. Now, after months of recuperation from the...

Read More »

BONE, SUI Soar 20% Weekly, BTC Stagnates at $26K Again (Weekend Watch)

After the late-business week pump and dump that drove BTC to a six-day high, the cryptocurrency has returned to $26,000 as it did during the last weekend as well. Most altcoins are also calmer today, with XRP and SHIB standing out as the top performers from the larger-cap ones. BTC Back to $26K August 17 became one of the worst trading days for bitcoin this year when the primary digital asset plummeted by over $3,000 to register a two-month low of just over $25,300. It...

Read More »

DEX Aggregator 1inch Debuts on Coinbase’s Base Blockchain

Decentralized exchange aggregator 1inch announced expansion across the Coinbase-incubated layer-2 blockchain, Base. 1inch also mentioned that Base is poised to gain advantages from “Coinbase product integrations and convenient fiat onramps,” which will also be extended to projects within the ecosystem. The team also revealed the deployment of the 1inch Aggregation Protocol and the 1inch Limit Order Protocol on Base. The latest expansion will enable 1inch users to get access...

Read More »

Bitcoin’s Rally Toward $27K Stopped, But Network Fundamentals and Whale Activity Remain Strong (Weekly Crypto Recap)

The end of last week was a lot more eventful as the primary cryptocurrency dumped hard by over $3,000 in hours to see its lowest price tag in over two months at just over $25,000. Then came the recovery attempts that saw BTC regain around a grand. However, not much has happened to bitcoin’s price since then, as the asset calmed at around $26,000. The only exceptions were on Wednesday when it dropped suddenly by over $500, and yesterday. Thursday saw a more notable price jump...

Read More »

Web3 Domain Provider Unstoppable Domains Unveils End-to-End Encrypted Messenger

Popular Web3 domain service provider – Unstoppable Domains – announced the launch of  ‘Unstoppable Messaging.’ The new offering is an end-to-end encrypted Web3 domain messenger that aims to help Web3 participants connect with friends, stay updated on their projects, and foster communities in a decentralized manner while retaining privacy. Unstoppable Domains also plans to expand its functionalities and has roped in two messaging platforms for the same. Unstoppable Messaging...

Read More »

North Korean Hackers Stole $180M in First 6 Months of 2023: Report

Hacker groups affiliated with North Korea have become highly active in the digital asset space, relentlessly pilfering funds. Despite a decrease from the record-breaking numbers of 2022, the “hermit kingdom” has continued to concentrate on the cryptocurrency landscape this year. In fact, the stolen funds are being funneled in billions into the country’s nuclear program. North Korea’s Crypto Heists According to a report by local media outlet Asia Today, South Korea’s National...

Read More »

FBI Confiscated Nearly $2M Worth of Crypto Between March and May 2023: Report

The Federal Bureau of Investigation (FBI) announced confiscating approximately $1.7 million worth of crypto assets from March to May in the United States in a bid to combat illicit activities. The seizures were carried out as a result of numerous breaches in federal regulations. The law enforcement agency took control of $147,000 in Bitcoin (BTC), $800,000 in Ether (ETH), $307,000 in Tether (USDT), 469,000 in Dai, and $20,000 in Monero (XMR) across Arizona, California,...

Read More »

SBF Files Request for Weekdays Out of Jail to Prepare His Defense: Report

Less than two weeks after the court revoked Sam Bankman-Fried’s bail, his legal team has requested that his freedom be returned to him during weekdays, arguing that the confines of jail are, surprisingly, too restrictive and do not offer him the circumstances necessary to properly prepare for his upcoming trial. Improper Conditions SBF’s eye-watering $250 million bond was revoked on the 11th of August following the leak of Caroline Ellison’s private diary and other...

Read More »