Non-fungible token (NFT) marketplace OpenSea is investigating a phishing attack on Saturday that left 17 of its users without more than 250 NFTs, worth around $2 million. NFTs represent data stored on a blockchain (Ethereum) that declares ownership of digital media files of artwork. OpenSea is one of the world’s largest peer-to-peer NFT marketplaces (valued at […]
LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a Longview Acquisition Corp. (“Longview”) (NYSE: BFLY) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a […]
Chargeback is a huge problem for cryptocurrency exchanges and trading platforms. All platforms dealing with cryptocurrencies have had to face chargeback issues. With the growing number of crypto users and merchants accepting payments in crypto, the chargeback problem has only increased. It might come across as shocking, but cryptocurrencies have a higher rate of chargeback […]
PRESS RELEASE. The world of audit has always had an inherent problem, the conflict of interest that comes from paying for audit services. Auditors are meant to be independent of their clients, but how can you be independent when you are auditing your employer? With countless instances of paid auditors issuing fraudulent attestations to keep […]
Though in-person, physical events are back in full force this year, many organizers have embraced virtual events, attracted by their ability to reach a broader world from all parts of
On 13 January, Composable Finance celebrated winning Polkadot’s seventh parachain slot auction. The DeFi interoperability protocol was declared a victor with over 9,000 members of the community raising more than six million DOT. However, the celebrations turned sour around a month later. Who are you calling a fraudster? Twitter user “zachxbt” [@zachxbt] is known for reporting […]
On December 31, Illuvium’s official Discord channel got phished when attackers directed users to a website claiming to be Illuvium’s NFT platform, causing approximately $150,000 in losses.
A UK court has sentenced Manjinder Virdi, 37, to three years in prison for stealing over £200,000 from a medical non-profit to feed his online gambling habit.