Cryptocurrency

March 26, 2024

SEC will ask for $2B in fines and penalties — Ripple chief legal officer

Ripple Labs’ chief legal officer, Stuart Alderoty, revealed that the U.S. Securities and Exchange Commission (SEC) has urged a federal judge to impose a staggering $2 […]

DeFi fund, Texas apparel company sue to defend airdrop against SEC

Texas-based clothing company Beba, led by African immigrants, has joined forces with the DeFi Education Fund to challenge potential actions by the U.S. Securities and Exchange […]
March 22, 2024

HECO Chain exploiter anonymizes $145M of Ether on Tornado Cash in 8 days

 A crypto wallet address associated with the HECO Chain exploiter has transferred and anonymized approximately 40,392 Ether on the Tornado Cash protocol within eight days.   […]

Automation app IFTTT blamed for recent ‘$Packy’ token scam on X

A surge in scam posts on X has been attributed to a third-party auto-posting service called IFTTT (If This Then That). These posts encouraged victims to […]

LayerZero CEO claims Kyle Davies sought full treasury allocation days before 3AC’s fall

LayerZero co-founder and CEO Bryan Pellegrino has accused Kyle Davies of Three Arrows Capital of attempting to convince LayerZero to transfer its entire treasury to Three […]

Trezor says phishing, not SIM swap, compromised X account

SatoshiLabs, the company behind Trezor hardware wallets, has provided a detailed account of a recent security incident involving its official X account. Here’s what happened:   […]

Judge greenlights class suit alleging Silvergate Bank aided FTX fraud

Silvergate Bank is facing a class-action lawsuit from FTX users, alleging complicity in fraud at the exchange and its affiliated trading firm, Alameda Research.   In […]
March 21, 2024

Pundits worry SEC’s Ethereum probe could be used to hold back ETFs

The reported subpoenas issued by the United States Securities and Exchange Commission (SEC) to companies associated with the Ethereum Foundation have raised concerns of a coordinated […]

Layerswap overrides website hack that drained $100K

Layerswap, a bridge between centralized crypto exchanges and layer-2 blockchains, experienced a domain hijack on March 20, resulting in the redirection of users to a phishing […]

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