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Saga becomes latest victim in DeFi hacking spree
The root cause behind the hack remains unclear. Around $6M in ETH and $850K of YieldFi assets sit in the hacker’s ETH address.
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Celsius estate alleges TrueUSD firms gambled customer deposits
Celsius has filed a lawsuit against Archblock, alleging that it’s failed to redeem millions of dollars worth of stablecoins.
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New X starter packs face backlash over crypto ‘scam’ accounts
Head of Product Nikita Bier added, and swiftly removed, a controversial crypto influencer from the platform’s new starter pack feature.
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Crypto sleuth links $500M in Iranian USDT to stolen Bybit funds
Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds.
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Strategy market cap down 40% after pivot from bonds to preferreds
Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues.
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Cambodian scam rings facing disruption since kingpin’s arrest
Arrests, money laundering service shutdowns, releases, and escapes are all part of an ongoing crackdown on Cambodian scam operations.
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Trump sues Jamie Dimon, revives ‘Operation Chokepoint 2.0’
Donald Trump has sued the JPMorgan CEO over an alleged debanking incident, which reinforces a narrative about Operation Chokepoint 2.0.
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If BTC was really a rival to gold, it would be at $278K
BTC has lagged far behind gold over the past year. By one calculation, BTC is 68% lower than it should be.
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Farcaster acquisition sparks claims of ‘$150M theft’
Farcaster founder Dan Romero said the firm “isn’t shutting down” and that Merkle Manufactory will return $180M to investors.
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French crypto tax firm targeted in ShinyHunters extortion attempt
French crypto tax firm Waltio is being extorted by hacking group ShinyHunters, which is threatening to leak the data of almost 50K users....
