Mistake or money laundering? User pays $1.6 million for CrypToadz NFT
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Mistake or money laundering? User pays $1.6 million for CrypToadz NFT

One of the CrypToadz non-fungible tokens (NFTs), whose average price doesn’t exceed $1000, was bought for an astonishing 1,055 Wrapped Ethereum (WETH), an equivalent to $1.6 million.  The deal occurred on the OpenSea market on Oct. 9. The NFT represents “a small, warty, amphibious creature,” one of the 6969 units minted by the pseudonymous digital artist Gremplin. The CrypToadz collection…

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Binance users in Hong Kong lose $450K in wave of fraud texts: HK police
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Binance users in Hong Kong lose $450K in wave of fraud texts: HK police

Hong Kong’s police force has raised the alarm after 11 Hong Kong-based Binance customers were targeted in a wave of phishing scams sent through text messages.  Hong Kong police warned users of the scam in an Oct. 9 post to its Facebook page dubbed “CyberDefender.” “Recently, fraudsters posing as Binance sent text messages claiming that users must click the link…

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Bitcoin analysts look to November as price action looks to mirror past cycles
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Bitcoin analysts look to November as price action looks to mirror past cycles

Bitcoin’s ongoing sideways price action could flip bullish as early as November if it behaves similarly to previous cycles leading up to a halving event, according to market observers. On Oct. 10, crypto analyst Miles Deutscher cited a chart from CryptoCon, noting that the recent patterns for Bitcoin are similar to those seen in previous cycles. “This is typical sideways…

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Friend.tech adds new security upgrade in wake of SIM-swap attacks
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Friend.tech adds new security upgrade in wake of SIM-swap attacks

The team behind the decentralized social media platform Friend.tech has added a new security feature amid attempts to stem a flood of SIM-swap attacks targeting its users. “You can now add a 2FA password to your Friend.tech account for additional protection if your cell carrier or email service becomes compromised,” the team explained in an Oct. 9 post on X (formerly…

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FTX hacker could be using SBF trial as a smokescreen: CertiK
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FTX hacker could be using SBF trial as a smokescreen: CertiK

The hacker responsible for stealing over $400 million from FTX and FTX US in November could be using the hype around Sam Bankman-Fried’s fraud trial to further obfuscate the funds, says CertiK’s director of security operations Hugh Brooks. Only days before the start of Bankman-Fried’s criminal trial, the FTX hacker, known as “FTX Drainer,” began moving millions in Ether it had gained…

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