Victim who lost $7M in Ethereum re-staking exploit gets funds back

Scammers have found a new way to make crypto by luring users into revoking fake approval transactions. Approval management platform Revoke has issued a fix aimed at mitigating a new crypto scam, which involves baiting crypto users into revoking “fake approvals” and then stinging them with excessively high transaction fees. On July 9, Revoke.cash stated that…

South Korea’s tax authority is going after individuals hiding their assets in cryptocurrencies as a way of avoiding tax payments. 2868 Total views 22 Total shares The National Tax Service of South Korea is increasing its efforts to combat tax evasion and is now focusing on the use of cryptocurrencies for such illicit activities.According to…

With 3,627 crypto ATMs going down last month, March 2023 becomes the month with the largest monthly decline of crypto ATMs. 1707 Total views 21 Total shares Own this piece of history Collect this article as an NFTContradicting the growing global Bitcoin (BTC) adoption rate, physical ATMs dedicated to fiat-crypto conversions are on the decline.…

The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers. 274 Total views 3 Total shares Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to

Smartphone users in South Korea can open bank accounts remotely with KYC verification via an ICON-powered app. South Koreans will soon be able to remotely open bank accounts requiring KYC verification using only their smartphones.According to an Aug. 26 announcement from ICONLOOP, the technology arm of South Korean blockchain network ICON, is partnering with Shinhan…

Shytoshi Kusama, co-founder of the Shiba Inu ecosystem, blamed a massive influx of transactions and user activity for technical difficulties on Shibarium. The team behind the newly released Shibarium mainnet has denied reports of bridge problems and asset losses, saying screenshots floating around the crypto community are false.In a blog post on Aug. 17, Shytoshi…

The G20 mentioned crypto regulation in its recent declaration on sustainable development adopted in Argentina. The declaration was published on the official website of the Council of the European Union and the European Council Dec. 1.At a meeting in Buenos Aires on Nov. 30 and Dec. 1, G20 officials reiterated their concerns about the crypto…