Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
News

Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute

A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure to repay has severely impacted his finances and mental health. Tambosso, claiming to be […] Source: https://news.bitcoin.com/canadian-court-orders-man-to-repay-1-2-million-in-bitcoin-loan-dispute/

Crypto Hacks and Scams Cost $300 Million in August
News

Crypto Hacks and Scams Cost $300 Million in August

In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had the highest exploit total loss of just over […] Source: https://news.bitcoin.com/crypto-hacks-and-scams-cost-300-million-in-august/