User loses $32 million spWETH in a sophisticated phishing attack
According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.
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‘Mercenary and Baseless’ — Bitfinex Responds to New Lawsuit
Tether-affiliated crypto exchange Bitfinex is battling a new class action complaint, deemed by the firm to be both “mercenary and baseless.”In an announcement published on Nov. 24, the exchange revealed the lawsuit was filed against both companies in the United States District Court for the Western District of Washington two days prior, on Nov. 22…

Liechtenstein’s Bank Frick Launches Institutional Crypto Trading Platform
Liechtenstein-based Bank Frick is launching an institutional cryptocurrency trading platform subsidiary, DLT Markets, Cointelegraph auf Deutsch reported on Feb. 22.According to the bank’s announcement, DLT Markets will provide institutional investors “with fully regulated and secure multi-exchange access to the digital token asset class.”Edi Wögerer, CEO of Bank Frick, declared:“With our spin-off, we are offering institutional clients a…

Bitcoin hits $44K, but traders want to see a few daily closes here before a move higher
BTC pushed through a key price level as investor sentiment soars across the sector, but analysts caution that $44,000 must become support to mark a macro-level trend change. 1033 Total views 20 Total shares Morale across the cryptocurrency ecosystem is rising on March 24 as several days of positive moves have helped lift Bitcoin (BTC)…

Will Trump’s Social Media Executive Order Help Against Crypto YouTube Bans?
U.S. President Trump's new executive order touches on media censorship, something crypto YouTubers know all too well. 2370 Total views 48 Total shares Those in the know expect President Trump to sign a fresh executive order today, imposing greater accountability on social media providers.The order draft, labeled at press time as "Preventing Online Censorship," brings further…

Ledger hardware wallets hit by the FTX earthquake, CTO says
Hardware-based cryptocurrency wallet provider Ledger has experienced some issues due to massive outflows from crypto exchanges amid the FTX bloodbath, according to its chief technology officer.Ledger saw a “massive usage” of their platforms and suffered a “few scalability challenges” on Nov. 9, Ledger CTO Charles Guillemet reported in a statement on Twitter.Guillemet reasoned Ledger’s issues…

US district judge sends matter of FTX independent examiner to appellate court
A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit. A United State district judge has referred a motion requesting the appointment of an independent examiner for bankrupt crypto exchange FTX to appellate court.In documents…

Enterprises should seek partners and solutions during the crypto winter: Paxos report
“We need more transparency over the reserves of these stablecoins, which I think we’re going to see,” Clara Medalie said. 902 Total views 7 Total shares Own this piece of history Collect this article as an NFTBlockchain infrastructure provider Paxos has recently published a report, that aims at helping the community look beyond the crypto…

How behavioral tokenomics could facilitate the creation of a circular economy
The Iota Foundation and Imperial College London recently announced the launch of a four-year distributed ledger technology, or DLT, initiative designed to research and develop solutions to foster socially conscious, circular economic models and businesses around servitization.The Imperial-Iota-Infrastructures Lab, known as the I3-Lab, will operate within the Dyson School of Design Engineering and has adopted the…