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Atomic Wallet Hackers Hide $35 Million Stolen Crypto Funds Using THORChain – Here's What You Need to Know
21.6.2023
Hackers that exploited Atomic Wallet for over $100 million earlier this month are using the cross-chain liquidity protocol THORChain to hide their loot.
According to on-chain data, 503 ETH equivalent to $870,000, associated with the Atomic hack, was moved to THORChain on the 18th and 19th of June...
Anticipation Builds as US Central Bank Eyes Two More Rate Hikes, Targeting 5.6% by Year-End
20.6.2023
After the U.S. central bank refrained from boosting interest rates last week, investors now anticipate two more hikes that may elevate the federal funds rate to 5.6% by the year’s end, climbing 50 basis points (bps) from its present level. CME’s Fedwatch tool indicated on Tuesday that...
Atomic Wallet Hackers Use THORChain to Conceal Stolen $35M Funds
20.6.2023
Hackers that targeted crypto wallet Atomic Wallet in a $35 million heist earlier this month have used THORChain and Swft bridge to conceal their ill-gotten gain, according to blockchain sleuth MistTrack
How to Recover a Lost PIN Number for a Trezor Hardware Wallet – KeychainX Expert Explains
19.6.2023
Storing your digital assets on a cryptocurrency hardware wallet such as Trezor is considered to be one of the safest ways to secure your funds. If you have lost your PIN number to access it however, you might be afraid your money is completely gone as there is no-one else that can remember it...
Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order
17.6.2023
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
17.6.2023
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday
On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project
16.6.2023
Plaintiff Jeffrey Huang claims his reputation was damaged when ZachXBT allegedly falsely accused him of embezzlement
Avantgarde, Agio Digital Unveil Institutional Onchain Funds Platform
16.6.2023
The platform will allow for users to set up fully regulated on-chain funds
Playboy Founder’s Son Funds His Pokémon Obsession With An OnlyFans
15.6.2023
Marston Hefner, the son of the late Playboy founder Hugh Hefner, is probably the most down-bad person on the planet. He started an OnlyFans account this year to sell tasteful and steamy nudes, and then used that secondary income to fund his habit of collecting Pokémon cards.Read more
Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report
15.6.2023
Not all exchanges have disclosed wallet addresses for the funds, however
Coinbase Cold Wallet Stir: Rumors and Misinformation Surround Significant Ethereum Transfer
14.6.2023
On June 13, 2023, several individuals discovered a significant transfer of Ethereum (ETH) that had remained dormant for a few years. While the observers believed the funds were being deposited into Coinbase, they shared this information on social media to highlight the unusual occurrence. However...
Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal
14.6.2023
A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...
US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates
13.6.2023
The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open Market Committee (FOMC) meeting scheduled for June...
DeFi protocol Sturdy Finance offers $100K bounty to hacker if funds are returned
13.6.2023
Sturdy Finance founder Sam Forman said the company will not pursue the issue any further if the hacker accepts the offer and returns the remaining funds
Atomic Wallet Hackers Move Stolen Funds via OFAC-Sanctioned Exchange Garantex: Elliptic
13.6.2023
The attackers are believed to be the infamous North Korean hacker group Lazarus, as per blockchain security firm Elliptic
‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds
13.6.2023
Binance.US has lodged its defense ahead of tomorrow's hearing on whether it’s funds will be frozen
Crypto Investment Funds See 8th Consecutive Week of Outflows
12.6.2023
Unfavorable monetary and regulatory policy continue to take a toll on the industry
Confessions of a Web Developer XX
12.6.2023
It’s been quite a while since I’ve gotten a few things off of my chest and since I’m always full of peeves and annoyances I thought it was time to unleash: One day you’re getting recruited by another crypto wallet vendor, the next their users are getting drained of funds....
Former SEC Official Predicts Impending DOJ Indictment Against Binance
12.6.2023
Former Securities and Exchange Commission (SEC) official John Reed Stark said on Sunday via Twitter that he believes the U.S. Department of Justice (DOJ) has filed or will file a criminal indictment related to Binance. Stark, who draws from his experience in the SEC Enforcement Division, pointed...
Economist Peter Schiff Says the Fed Destroyed US Banking System — ‘It’s Insolvent’
11.6.2023
Economist Peter Schiff says the U.S. banking system is insolvent. He stressed that the Federal Reserve destroyed the U.S. banking system, citing near-zero interest rates at banks while “the Fed funds rate is 5.25% and the real inflation rate is much higher.” Schiff previously warned...