Image by Jimmy Aki, MidjourneyOn February 14, Uniswap founder Hayden Adams warned the cryptocurrency community on social media platform X about a new strategy of crypto thieves who imitate Ethereum wallet addresses to defraud unsuspecting investors. Here’s how this new crypto scam works. Uniswap Founder Issues Warning on His ETH Wallet Impersonation Scam Adams explained...
Image by Brian Yue, MidjourneyCrypto phishing group Angel Drainer stole over $400,000 from 128 crypto wallets after deploying a malicious vault contract yesterday. According to an X post published on February 13 by blockchain security firm Blockaid, Angel Drainer employed a new attack vector that exploited Etherscan’s verification tool to conceal the malicious characteristics of...
SEC chair Gary Gensler. Source: A video screenshot, YouTube / SECUnited States Securities and Exchange Commission (SEC) Chair Gary Gensler spoke about Bitcoin, stating that it is the leading market share for ransomware attacks. Despite the agency’s approval of 11 Spot Bitcoin ETFs earlier this year, Gensler has continued to express his disapproval of the asset...
A suspected scam coin operator was arrested in Gimpo, Gyeonggi Province, South Korea. According to YTN, Gimpo police charged an unnamed individual in their 20s with fraud. Officers also said that a second individual (also in their 20s) was also charged with “aiding and abetting fraud.” ‘Scam Coin Operator’ Faces ‘Fraud’ Wrap Police withheld details...
Source: DALL·EMoonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s Cross-Chain Transfer Protocol (CCTP) and Socket technology. The new feature was...
Source: YouTubeJohn Deaton, founder of Crypto Law and a prominent attorney in the SEC vs Ripple lawsuit, is reportedly considering running as a Republican against crypto-critic Senator Elizabeth Warren in the 2024 US Senate elections in Massachusetts. Deaton is taking a “serious look” at the Senate run and will decide in the coming days, Boston...
Source: Dalle-3The United States Securities and Exchange Commission (SEC) has announced that it obtained a court order to enforce an investigative subpoena against two NovaTech crypto investment scheme promoters. In a recent press release, the financial regulator disclosed updates in its investigation against NovaTech Crypto Investment promoters. On Feb 13, the US District Court for...
Source: DALL·E 3Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in June 2023. RockWallet said it reached out to Wyre’s users, offering a...
Source: Dalle-3Debt Box, a software firm entangled in a legal battle with the United States Securities and Exchange Commission (SEC), has launched a countermove against the regulatory body’s attempt to dismiss the case. Filed on February 14, Debt Box’s response characterized the SEC’s motion as a strategic maneuver aimed at sidestepping potential sanctions and the...
Source: Dalle-3Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval Tokenization is Future of Finance, Despite Slump Bitfinex Reveals the Launch of TorogozDev’s New Lightning Node...