Karma served: Pink Drainer gets hit with address poisoning scam

A huge corruption scandal involving Chinese loans backed by fake gold is pressuring its supporters to defend it against unforgeable Bitcoin. 949 Total views 23 Total shares The Bitcoin (BTC) versus gold debate rages on this week as reports reveal fake bars fuelled a $2.8 billion corruption scheme.As Chinese media outlet Caixin reported on June…

As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move. 125 Total views 1 Total shares Russia’s Ministry of Finance has upped the stakes in its drawn-out showdown against the country’s Central Bank by formally introducing a bill that proposes to regulate digital assets rather than…

Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. 796 Total views 11 Total shares Wirecard chief operating officer Jan Marsalek reportedly used Bitcoin (BTC) to move funds from Dubai to Russia.Russian media outlet Kommersant reported on July 20 that Marsalek is hiding in…

Attackers exploited a Uniswap trading loophole to get away with more than $370K. Attackers have exploited a vulnerability in the Opyn ETH Put contract to walk away with more than $370,000.One of the first members of Crypto Twitter to report on the theft, DegenSpartan, stated on Aug. 4 that the traders used flash loans to…

A "massive bullish move" could be the result of this week's momentum indicator move, in line with behavior from throughout 2021. 2597 Total views 31 Total shares Bitcoin (BTC) could see a “massive bullish move” if a classic trigger from the 2021 bull run repeats this week.In a tweet on Dec. 16, on-chain analyst Matthew…

After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community. 295 Total views 2 Total shares Kanis Saengchote, a researcher at Chulalongkorn University in Thailand, recently developed a framework for identifying and measuring systemic risk in decentralized finance (DeFi) institutions. The new protocol is called…

George Ball, who serves as Chairman of Sanders Morris Harris, believes cryptocurrencies like Bitcoin are an “attractive” part of a well-balanced portfolio. 2075 Total views 18 Total shares Financial industry veteran George Ball believes investors would be prudent to allocate a “small part” of their portfolio to cryptocurrencies — marking a major departure from his…

Payment processing giant PayPal started crypto payments in March 2020 and since then has been actively involved in the crypto payment sector. 896 Total views 7 Total shares American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7.  The new US dollar-backed stablecoin will be issued by Paxos Trust…

The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. South Korea's central bank, the Bank of Korea, has formed a legal advisory group to evaluate issues surrounding a potential central bank-issued digital currency (CBDC) launch.According to a press release the central bank…