Decentralized finance protocol Platypus Finance PTP/USD, which runs on Avalanche AVAX/USD, has confirmed that two individuals suspected of hacking their system have been arrested by the French …
The limitations of the EU’s new cryptocurrency regulations
The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — …
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Platypus reveals compensation plan for users’ funds after attack
Decentralized finance (DeFi) protocol Platypus has disclosed the details of a recent $9.1 million exploit, alongside its efforts to recover the funds and a compensation plan for victims. In a Medium …
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Cryptocurrency Account Security
Crypto-hacking and theft have been front and center in the news. Separate from the failures and alleged fraud of CeFi crypto-exchanges, estimates suggest that $3.8 billion worth of cryptocurrencies …
Crypto Wallet Firm Dfns Says ‘Magic Links’ Have Critical Vulnerability
Some magic links – a passwordless sign-in method embraced by a growing number of crypto wallets and web apps – have a critical vulnerability, according to the crypto wallet startup Dfns. Dfns offers …
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North Korean hackers move $3.2M from Gate.io 2018 hack
North Korean hackers stole $234.33 million from Gate.io in 2018. Earlier this week, the hackers moved 1944.72 Ethereum (ETH) of the stolen funds, worth around $3.2 million at current prices, on-chain …
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Is there any meaning in regulating the cryptocurrency market?
The crypto market is in an era of great polarization in which there are those who believe it is a great idea and those who firmly believe it is one of the worst products ever introduced to the …
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Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
The founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury in the District of Oregon. The four Russian founders — Vladimir Okhotnikov, Olena …
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New Stealc malware-as-a-service targets web browsers, crypto wallets, email clients
Researchers have identified a popular new information stealer being advertised for purchase on Russian-speaking dark web forums. Stealc is a ready-to-use stealer that can compete with other popular …
Polygon Block Explorer Crashes, Befuddles Users
Uncertainty, doubt, and no small amount of fear spread across the crypto community on Wednesday, as news spread of an apparent hours-long outage on the Polygon network. The reports were greatly …
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