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Tag: lost funds

A career timeline of Justin Sun, crypto’s most annoying over-marketer

Justin Sun is a colorful character in crypto history to say the least. Here's a timeline of his career, the good, bad, and ugly.

The post A career timeline of Justin Sun, crypto’s most annoying over-marketer appeared first on Protos.

UK financial watchdog probes 300 crypto startups in 6 months

The UK's top financial watchdog says it opened 300 probes into unauthorized crypto operators between April and September last year.

The post UK financial watchdog probes 300 crypto startups in 6 months appeared first on Protos.

S Korea: Former CEO of V Global gets 22 years jail over $1.9 billion scam

Seven V Global executives have been found guilty of misappropriating 2 trillion KRW ($1.9 billion) in the latest verdict on Friday, as per reports. While the six of them will serve varying jail-time of up to 14 years, former CEO Lee Byung-gul has been sentenced to 22 years in prison. The development comes as prosecutors […]

An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack

An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex HackOn Tuesday, the U.S. Department of Justice (DOJ) arrested two individuals that are accused of an “alleged conspiracy to launder” 94,636 bitcoins stolen from Bitfinex in 2016. Interestingly, both of the suspects are known individuals within the tech industry as Ilya Lichtenstein was the co-founder of Mixrank, a Y-Combinator backed startup and Heather Morgan was […]

Arbitrum: The Complete 101 Guide

Ethereum’s scaling issues and high transaction fees are general knowledge these days for almost anyone in the crypto world. The great thing about having one’s weaknesses exposed in such an open manner is that it also invites others who want to defend and protect it as it undergoes its evolution. ETH 2.0 is the path forward that […]

The post Arbitrum: The Complete 101 Guide appeared first on Coin Bureau.

Wormhole Attack: Can DeFi Insurance be the Ultimate Solution?

At this point, it is no secret that the Wormhole platform took a huge hit on Wednesday and got hacked for $325 million worth of ETH…

Jump Trading Group Restored Wormhole’s Hacked Funds

Jump Trading group literally jumped in to get Wormhole back on track and restore the missing funds from the recent hack worth $320 million in wrapped Ethereum as we reported in our Ethereum news. A wormhole is a popular cross-chain crypto bridge between Ethereum, Avalanche, Solana, and others and it got hacked a day ago […]

Shoulder surfing: Watch out for eagle‑eyed snoopers peeking at your phone

Some fraudsters may use low-tech tactics to steal your sensitive information – peering over your shoulder as you enter that data is one of them

The post Shoulder surfing: Watch out for eagle‑eyed snoopers peeking at your phone appeared first on WeLiveSecurity

El Salvador’s Chivo wallet keeps breaking, and users are seeking answers

El Salvador captured attention from around the globe when it launched its Bitcoin wallet. Now Chivo's users are reporting a host of problems.

The post El Salvador’s Chivo wallet keeps breaking, and users are seeking answers appeared first on The Block.

FBI Warns of Cybercriminals Tampering with QR Codes in Order to Steal Funds

The FBI issued a warning last week that detailed how cybercriminals are tampering with QR codes in order to redirect victims to malicious sites that steal login and financial information. Throughout the COVID-19 pandemic, businesses have used QR codes more frequently in order to provide convenient contactless access to customers. However, cybercriminals have taken advantage of this […]

Hacker Helps To Recover Stolen Crypto From Trezor Wallet

A hacker helps to recover stolen crypto from the Trezor wallet worth $2 million as we are reading more in our latest cryptocurrency news. The computer engineer who is also a hardware hacker helps to recover stolen funds from a Trezor wallet containing $2 million. The New York-based entrepreneur Dan Reich was relieved after the […]

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