Penpie hacker launders 26% of $27M stolen funds in 12 hrs
The Penpie protocol hacker funneled $7 million through Tornado Cash within hours after stealing $27 million, highlighting DeFi security risks.
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How Not to Lose Your Coins in 2020: Alternative Recovery Methods
When Peter Schiff claimed that his wallet lost his Bitcoin (BTC), many in the crypto community were skeptical. While some believe that Schiff simply lost his password, others, like Ethereum co-founder Vitalik Buterin, highlighted that losing private keys remains an important issue for cryptocurrency users.Being your own bank is hardKeeping custody of your own cryptocurrency…
Bitfinex hack launderer ‘Razzlekhan’ wants time served as sentencing looms
Heather Morgan has argued for no more jail time for her role in laundering some of the 120,000 Bitcoin stolen from Bitfinex by her husband Ilya Lichtenstein.
Washington Utility Temporarily Stops Accepting Applications for Crypto Mining
A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before…
Coinbase Emerges as a Major DeFi Contender With Price Oracle Launch
Coinbase gets into the DeFi space by launching a crypto price oracle. 657 Total views 15 Total shares Coinbase is trying to fix the broken DeFi industry with stable price oracles.In an April 23 announcement, Coinbase introduced the Coinbase Price Oracle — “a critically important service to the DeFi ecosystem” that will be available through…
China’s central bank lays regulatory foundation for CBDC
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties 379 Total views 11 Total shares China’s central bank, the People’s Bank of China (PBOC), published a draft law this Friday that aims to provide regulatory framework and legitimacy for a forthcoming central bank digital currency (CBDC),…
Betting markets predict bullish 2025 for crypto
Prediction markets Kalshi and Polymarket anticipate a slew of wins for crypto in 2025.
Bitcoin traders eye weekly close volatility with $27K BTC price on radar
Bitcoin (BTC) cruised into a new weekly close on Oct. 15 as “ultra boring” trading conditions still offered hope of a $27,000 breakthrough.BTC/USD 1-hour chart. Source: TradingView"Ultra boring" BTC price may yet surprise at weekly closeData from Cointelegraph Markets Pro and TradingView tracked a typically sideways weekend, with BTC price volatility absent prior to the
Do Kwon’s extradition to go back to Montenegro High Court after appeal
Since his arrest in March 2023, Do Kwon has been in Montenegro. He could be extradited to either his native South Korea or the United States to face fraud charges.