A former Deutsche Bank investment banker, who was charged earlier this year in relation to a fraudulent cryptocurrency trading scheme, has pleaded guilty to investment fraud — and could face up to 30 years in prison. According to a Sept. 19 statement from the Department of Justice, 27-year-old Rashawn Russell pleaded guilty to participating in a scheme where he operated…
Creditors from bankrupt crypto lender Celsius Network are again being targeted in a new wave of phishing attacks as the crypto lender’s bankruptcy proceedings enters its final stages. Reports on social media over the past week have shown an increase in phishing attacks from scammers impersonating Stretto, the bankruptcy services platform for crypto lender Celsius and its creditors. One user…
Cybercriminals have accelerated their shift away from crypto mixers for cross-chain bridges over the past year, according to blockchain forensics firm Elliptic. In June and July, nearly all of the crypto stolen was laundered through cross-chain bridges, Elliptic’s data shows a complete reversal from the first half of 2022. In a Sept. 18 blog post, Elliptic explained the cross-chain crime trend…
The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer’s protocol until further notice. Source: https://cointelegraph.com/app/public/index.php/news/defi-protocol-balancer-hit-with-frontend-attack
Bitcoin mining is becoming harder — which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable. Source: https://cointelegraph.com/public/index.php/news/bitcoin-miners-survive-hostile-market
Bitcoin mining is becoming harder — which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-miners-survive-hostile-market
Balancer, an Ethereum-based decentralized finance protocol has confirmed its user interface is currently “under an attack.” The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer’s protocol until further notice. The balancer frontend is under an attack. The issue is currently under investigation. Please do NOT interact with the balancer UI…
Crypto exchange Coinbase says it will focus its “Stand with Crypto” campaign on nine states in the U.S., including four “swing states” with voters polled as less likely to choose anti-crypto presidential candidates. The four “swing states” include New Hampshire, Nevada, Ohio, and Pennsylvania, which are just some of the states the crypto exchange is set to focus its “Stand…
Zodia Custody—the crypto-focused subsidiary of British multinational bank Standard Chartered—plans to allow its clients to earn yield on their crypto holdings. The crypto custodian has partnered with OpenEden for the “Zodia Custody Yield” service, which tokenizes real-world assets like treasury bills and lets investors earn yield while leveraging the benefits of blockchain. The yield offering lets institutional investors “access off-chain…
The Philippines Securities and Exchange Commission (SEC) has teamed up with its United States counterpart, as well as the Asian Development Bank to crack down on criminals using cryptocurrencies to commit fraud and other financial crimes. According to a Sept. 15 press release, the three institutions conducted an International Organization of Securities Commissions (IOSCO) Investigation and Enforcement Training workshop last…
