M Lost in Attack on Rari Capital

$80M Lost in Attack on Rari Capital

April 30, 2022 0

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 […]

Brazilian Senate Passes Bill to Regulate Crypto Transactions

Brazilian Senate Passes Bill to Regulate Crypto Transactions

April 30, 2022 0

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 […]

Crypto-crimewave forces police online to pursue ill-gotten assets

Crypto-crimewave forces police online to pursue ill-gotten assets

April 30, 2022 0

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 […]

NYDFS calls for crypto firms to use blockchain analytics

NYDFS calls for crypto firms to use blockchain analytics

April 29, 2022 0

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 […]

House Bill Aims to Give CFTC Authority to Regulate Crypto Exchanges, Stablecoins

House Bill Aims to Give CFTC Authority to Regulate Crypto Exchanges, Stablecoins

April 29, 2022 0

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 blocks crypto accounts of relatives tied to the Russian government

Binance blocks crypto accounts of relatives tied to the Russian government

April 29, 2022 0

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 […]

Hyped GameFi Project DeFi Kingdoms Down 90% Amid Unlock Exploit

Hyped GameFi Project DeFi Kingdoms Down 90% Amid Unlock Exploit

April 29, 2022 0

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 […]

Cloudflare Blocks Massive DDoS Attack on Crypto Platform

Cloudflare Blocks Massive DDoS Attack on Crypto Platform

April 29, 2022 0

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 […]

DeFi Hacker Steals .4M in DEUS Finance Attack

DeFi Hacker Steals $13.4M in DEUS Finance Attack

April 28, 2022 0

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 […]

EU Crypto Laundering Plans Could Overwhelm Authorities, Bank Regulator Says

EU Crypto Laundering Plans Could Overwhelm Authorities, Bank Regulator Says

April 27, 2022 0

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 […]