Binance Secures $5.8 Million Worth Of Laundered Axie Infinity Funds 9
Crypto exchange Binance has secured a part of stolen Axie Infinity funds.  Binance’s CEO Changpeng Zhao stated that the exchange has successfully retrieved stolen funds worth $5.8 million from the Axie Infinity hackers.  Crypto Exchange Binance has successfully seized $5.8 million worth of stolen funds from the Axie Infinity hackers....
Bored Ape Yacht Club's Discord Encounters An Online Phishing Attack 10
The bored Ape Yacht Club NFTs Discord was briefly compromised earlier today.  The BAYC team reported that the hackers stole MAYC NFT #8662. The stolen NFT reportedly belonged to the famous Taiwanese pop star Jay Chou.  The famous Bored Ape Yacht Club NFT’s Discord was briefly compromised earlier today. The...
KuCoin CEO: We've Identified Suspects of the Hack, $204M Recovered 14
In summary: KuCoin CEO, Johnny Lyu, has informed the crypto-verse that they’ve identified suspects behind the recent hack He explained that KuCoin is working with authorities to apprehend the suspects Another additional $64 Million in digital assets is out of the control of the hackers This brings the total to...
Bitfinex and Tether Freeze $33M USDT from KuCoin Hack 15
Quick take: Bitfinex CTO, Paolo Ardoino, has notified crypto twitter of the freezing of $33M Tether related to the KuCoin hack Bitfinex has frozen $13 Million Tether (USDT) on EOS Tether has frozen $20 Million USDT on Ethereum Binance has pledged its support in the recovery efforts of funds from...
Hackers
Quick take: KuCoin’s risk management system detected unusual crypto withdrawal activity beginning today, 2:51 am (UTC +8) The exchange soon confirmed it was a hack KuCoin CEO, Johnny Lyu, confirmed KuCoin has an insurance fund to cover all losses $150 Million in Bitcoin, Ethereum and other ERC20 tokens was taken...
Twitter Hack Coverage By Mainstream Media is Hurting Bitcoin (BTC) 17
Quick take: Twitter has experienced one of its greatest hacks to date that has affected accounts of prominent global personalities and companies.  The coverage of the Twitter hack by Mainstream media highlights Bitcoin as the digital currency used by criminals.  Furthermore, most headlines keep using the phrase ‘Bitcoin Scam’ further...
XRP Scammers are Now Targeting the Stellar (XLM) Community 19
Quick take: The XRP community has long been a target of scams. The same scammers are now targetting the Stellar (XLM) community using the same tactics. Staking is one way the fraudsters are luring XRP and Stellar (XLM) investors into sending them their digital asset investments. The crypto-verse is a...