Rari Capital’s Fuse lending pools were targeted this morning. Key Takeaways Rari Capital and Fei Protocol have been affected today by another major exploit. A hacker stole about $80 million from Rari’s Fuse lending pools early Saturday. The Fei team is offering a $10 million bounty for the safe return of the funds. The Fei […]
In Brief The Brazilian Senate has passed a new bill that introduces crypto regulation to the industry. Brazil is Latin America’s biggest crypto market with over $90 billion in transactions. Last year, Brazil witnessed over $503 million in scams. promoReceive a sweet treat from us — $60 worth of BTC plus an extra $100. Redeem […]
Scams relating to digital ‘coins’ are growing – but data reveals authorities are making record seizures of assets too In July 2021, specialist police officers in Manchester swooped on an international cryptocurrency scam, seizing USB sticks and an online safe containing £16m worth of digital coins, mostly ethereum. A month earlier, Leicestershire police had confiscated […]
The regulatory agency asked crypto firms to adopt methods to ensure greater risk assessment for potentially problematic transactions. In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all digital currency companies operating under New York banking law adopt blockchain analytics to trace transactions. In supporting the […]
The Digital Commodity Exchange Act of 2022 builds off the Commodity Exchange Act to “fill gaps” in crypto regulation not fully addressed by either the CFTC nor the SEC. A bipartisan group of lawmakers—including the leading Republican on the House Agriculture Committee—has introduced a new bill to regulate developers, dealers, and exchanges working with digital […]
Binance blocked the account of the Kremlin spokesman’s daughter when she tried to use the exchange following the economic sanctions imposed upon Russia. The Binance cryptocurrency exchange is adopting more measures to prevent the Russian government from mitigating the impact of sanctions through the use of crypto. Binance has shut down several accounts tied to […]
The exploit impacts the speed at which players can unlock their locked JEWEL. Key Takeaways DeFi Kingdoms’ JEWEL token is down more than 90% from its January all-time highs. A recent exploit impacting the speed at which players can unlock their locked JEWEL has also affected the token’s price. Although a patch for the exploit […]
A recent DDoS attack on a “crypto launchpad” attempted to flood the platform with 15.3 million requests per second, reported Cloudflare. Cloudflare detected and stopped a huge distributed denial-of-service (DDoS) attack on a cryptocurrency platform earlier this month. A DDoS attack floods a server, service, or network with enough traffic to disrupt it, making it […]
The latest multi-million dollar DeFi hack happened earlier this morning with the attacker stealing about $13.4 million. This time, DEUS Finance DAO was affected. The DEUS team said that user funds were safe. DEUS Finance Suffers Flash Loan Exploit DEUS Finance DAO is the latest DeFi protocol to suffer a major attack. The multi-chain DeFi project, which runs […]
Officials urged lawmakers to think again as they approach the last stage of privacy-busting proposals. New European Union proposals to monitor crypto transactions with unhosted wallets could breach the risk-based approach set out by international money laundering regulators, an official from the bloc’s own banking authority has said. Policymakers from the European Commission also warned […]
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