Hackers Steal $390K from Poolz Finance: DeFi Attack Uncovers Flaw
• Hackers stole $390,000 from Poolz Finance on March 16. • The attack was discovered by crypto sleuth PeckShield and was due to a classic arithmetic overflow issue. • Poolz…
Feds Move 40k BTC, Sparking Fear of Price Drop
• New data by Glassnode reveals that the US government is transferring around 40,000 Bitcoin held in wallets linked to law enforcement seizures. • The transfer of $1 billion worth…
Phishing Scammer Monkey Drainer Shuts Down, $13M in Assets Stolen
• Monkey Drainer, a notorious crypto scammer, shut down its services on Feb. 28th • The scammer was known for providing phishing kits for malicious players and had stolen around…
Bitcoin and US Equities Diverge: Second Most Uncorrelated Period in Over a Year
• In 2022, U.S. equities and Bitcoin had a strong correlation due to central bank rate hikes worldwide. • This correlation was broken in November 2022 when FTX collapsed, but…
25% of Tokens Launched in 2022 Resemble P&D Schemes – Report
• Chainalysis‘ recent report revealed that 24% of tokens launched in 2022 experienced a significant price decline within the first week of launch. • The report suggests that these price…
Bronson Set to Release 10K Piece NFT Collection: Inside the UK’s Most Violent Prisoner
• UK’s most violent prisoner Charles Salvador ‚Bronson‘ is launching an NFT collection. • The 10,000 piece collection includes 1,500 previously unseen pieces from Bronson’s 47 years in prison. •…
Kraken Shuts Down Abu Dhabi Office, Lays Off 8 Staff
• Kraken, a crypto exchange, has closed its Abu Dhabi office and is ending support for United Arab Emirates‘ national currency Dirham. • The exchange discharged eight members of its…
Moody’s to Assess Risk and Health of Stablecoins With New Scoring System
• Moody’s Corp., an integrated risk assessment firm, will start looking at how it can ascertain the risk and health of stablecoins. • Moody’s scoring system will have an analysis…
Gemini Co-Founder Threatens Lawsuit Against DCG, Silbert Over $900 Million Debt
• Cameron Winklevoss, co-founder of Gemini, threatened to file a lawsuit against Digital Currency Group (DCG) and its CEO Barry Silbert if they failed to make a „fair offer“ to…
800 BitConnect Victims to Receive $17M in DOJ Restitution
• 800 victims of the BitConnect Ponzi scheme will receive $17 million in restitution from the U.S. Department of Justice. • The funds will be distributed to individuals from 40…