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SEC sends Wells notice to Robinhood Crypto

Robinhood has disclosed that they received a Wells notice from the US Securities and Exchange Commission in relation to their "Robinhood Crypto" product. This indicates that the SEC believes that some of the assets that can be traded via Robinhood Crypto are securities.In the past, Robinhood has removed cryptocurrencies from trading...

Mon May 6, 2024 19:55
GNUS.ai exploited for $1.27 million

An exploiter was able to create a fake version of the $GNUS token on the Fantom blockchain, then bridge the tokens to Ethereum and Polygon where they were then sold as though they were authentic. They were able to drain $1.27 million from the project's liquidity pools.GNUS.ai (short for "Genius", not a reference to the animal) is...

Mon May 6, 2024 19:27
Wallet loses over $72 million to address poisoning

An Ethereum wallet was apparently drained of 1,155 wrapped bitcoin (~$72.7 million) when they transferred it to a malicious address that had been operating an address poisoning scheme.Address poisoning is a scam tactic that takes advantage of crypto traders' tendencies to copy and paste wallet addresses from their transaction histories,...

Mon May 6, 2024 18:47
ZKasino scam suspect arrested by Dutch police

In the wake of the $33 million ZKasino rug pull, Dutch police have arrested an as yet unnamed 26-year-old who is likely "Derivatives_Ape", the creator of the project. The police also seized assets estimated at more than €11.4 million (~US$12.3 million) including real estate, a luxury car, and crypto. According to police, they began...

Mon May 6, 2024 18:27
Pike Finance exploited for $2 million in two separate attacks

Pike Finance, a cross-chain lending protocol, was exploited twice in four days as attackers discovered vulnerabilities in the project's smart contracts.The first attack, on April 26, was enabled by a flaw in the security measures related to transfers of the USDC stablecoin. An attacker was able to change the recipient address and...

Fri May 3, 2024 01:38
Roger Ver arrested for $50 million tax fraud

Roger Ver, an early bitcoin investor who later became an outspoken evangelist for the fork Bitcoin Cash, has been arrested on tax fraud charges. According to the Department of Justice, Ver evaded almost $50 million in owed taxes by concealing income and lying to tax preparers about his bitcoin assets as he attempted to renounce his...

Fri May 3, 2024 01:38

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