Alleged crypto fraudster on the run after tampering ankle bracelet
USI-Tech’s former CEO Horst Jicha was placed under home detention in New York on a $5 million bond guaranteed by his partner and children before fleeing.
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White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty?
The ethical exploiter thanked Arbitrium for the 400 ETH payday, but said such a find should be eligible for the max bounty of nearly 1,500 ETH, or $2 million. 528 Total views 58 Total shares A self-described white hat hacker has uncovered a “multi-million dollar vulnerability” in the bridge linking Ethereum and Arbitrum Nitro and…

India’s Warren Buffet says Bitcoin hangover will be worse than the party
The man known as India's Warren Buffet is eager for a blanket ban on all cryptocurrencies and believes the Bitcoin “party” will result in a terrible hangover for investors. 946 Total views 6 Total shares The billionaire investor known as India’s Warren Buffet, Rakesh Jhunjhunwala, has voiced his support for India’s impending cryptocurrency ban, warning…

MakerDAO slashes stability fees as stablecoin demand wanes
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction. Decentralized finance lending and stablecoin protocol MakerDAO has adjusted stability fees across a wide range of crypto assets used as collateral on the platform.The move comes as the demand for DAI and other stablecoins has cooled amid the recent crypto market retracement,…

Powers On… Why the SEC, CFTC or FTC needs to check in on Elon Musk’s frenzied crypto tweets
Powers On... is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches a course on “Blockchain, Crypto and…

Block.one free to focus on $10B crypto business after lawsuit settlements
With legal troubles seemingly behind the company, Block.one could set its sights on finally making a significant dent in the crypto and blockchain space. 2877 Total views 5 Total shares EOSIO developer Block.one says it is focusing on its crypto business mandate after recently settling a class action lawsuit.In a blog post published on Friday,…

Qtum price rallies 160% as the project’s focus on DeFi pays off
After rallying 1.510% in 2021, QTUM price hit a $35.70 all-time high on May 7. This relatively obscure altcoin launched in September 2017 is a fork of the Bitcoin Core 0.13 version, but it also integrates the Ethereum virtual machine (EVM) and smart contract execution capability. Following Bitcoin's (BTC) April 23 crash down to $47,500, QTUM…

Scam alert! Binance CEO warns users of massive SMS phishing scam
The scam involves sending users a text message with a link to cancel withdrawals, leading users to a fake website designed to harvest their login credentials. 589 Total views 22 Total shares Binance CEO Changpeng “CZ” Zhao has alerted the crypto community against a “massive” SMS phishing scam targeting Binance customers.Tweeting on Friday, CZ alerted…

Expert weighs in on Wasabi’s response to wallet security issues
Mario Havel of Paralelni Polis has sided with Samourai. Although the privacy-focused Bitcoin (BTC) wallet Wasabi Wallet recently dismissed allegations that its anonymity features may be compromised, a third-party expert disagrees.In an August 19 blog post, Wasabi competitor Samourai claimed to have “discovered two potential privacy vulnerabilities in the Wasabi Wallet software.” Per the announcement,…