Crypto exchange BitForex shuts down withdrawals and disappears
Hong Kong-headquartered BitForex has stopped withdrawals after it saw outflows of over $56 million late last week.
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Single Chinese ‘pig-butchering’ operation made $100M in USDT, report
The Myanmar-based compound that houses the USDT-powered pig-butchering scam is "likely home to thousands of trafficked workers."
LockBit countdown disappoints viewers with vague hints and a cartoon cat
The LockBit countdown revealed that police are communicating with its kingpin, that they know who they are, and that he drives a Mercedes.
Axie co-founder hacked for $10M two years after $625M Ronin attack
Axie Infinity co-founder Jihoz has reportedly been hacked for $9.7 million from two ‘compromised’ personal wallets.
— Bitcoin, European Central Bank
ECB bitcoin report triggers Crypto Twitter, catches community note
The European Central Bank rattled crypto evangelists, branding bitcoin "inconvenient, slow, and costly,” and touching on numerous criticisms.
Advisors leave Aave as protocol punishes competitors
Aave's proposed ‘Merit programme’ would use protocol revenue to reward ‘Aave-aligned’ behaviour but punish users of ‘non-aligned protocols.’
UK newspaper investigates after ‘crypto wizard’ posts NHS token article
The Northamptonshire Telegraph ran a piece promoting 'Nurse Coin' via its Your World system, which allows anybody to publish on its website.
Hong Kong crypto crime triples, police handling 170% more cases
The rate of crypto crime in Hong Kong has reportedly tripled over the past three years, with documented cases in 2023 involving $611 million.
What it was like to have Quontic Bank’s metaverse pool party all to myself
Quontic Bank once proclaimed it was the first to have an outpost in the metaverse, however, that outpost seems to have been abandoned.
Ethena offers 27% on stablecoins but where is the yield coming from?
Newly-launched 'synthetic dollar' Ethena says it's banking on using CEX liquidity rather than the less popular decentralized exchanges.