FTX hacker distributes over $200M in ETH among 12 wallets
The hacker who stole more than $447 million worth of cryptocurrency from FTX has once more been seen moving the stolen money. According to Etherscan data, on November 21 between 4:11 and 4:17 p.m. UTC, the attacker transferred 180,000 ETH across 12 freshly formed wallets, giving each one 15,000 ETH. At current pricing, the total […]
HashFlare founders convicted for $575M crypto scam
The creators of HashFlare have been accused of taking part in a scheme to launder money and commit crypto fraud of up to $575 million. The two creators of the now-defunct cloud Bitcoin mining service HashFlare were detained in Estonia on suspicion of participating in a $575 million crypto fraud scheme. This includes getting victims […]
FTX ‘Fall’ Helped Enrich the Ethereum Validators
During the crypto chaos at the beginning of this month, they saw a rise in MEV or profits from optimizing the order of transactions. The collapse of FTX this month made running the Ethereum network much more profitable. The crypto industry ran into the almost unbreakable rule that when markets are chaotic, the best place […]
Genesis Bankruptcy Agitation Send Bitcoin to Fresh Low
According to a report by Bloomberg, the beleaguered cryptocurrency investment bank is holding discussions with possible investors for at least one billion dollars in additional cash. According to Bloomberg, which cites people familiar with the situation as sources of information, Genesis Global Trading has reportedly mentioned bankruptcy as a potential option as it seeks fresh […]
First official DAO in the U.S to fight SEC without attorneys
DAO begins a litigation battle with the SEC over 2021 token registrations and opts not to have attorneys in its fight for registration. In a legal battle with the Securities and Exchange Commission (SEC), the first decentralized autonomous organization (DAO) in the United States is registering tokens for the year 2021. In response to SEC […]