Editor's Choice
A hacker breached 15 cryptocurrency accounts on X, stole $500,000 by spreading fake meme coins using phishing and fake copyright infringement notifications 📧
A hacker breached 15 cryptocurrency accounts on X, including popular ones like Kick and The Arena, and stole around $500,000 by spreading fake meme coins. He disguised himself as the X team, sending fake copyright infringement notifications to lure users into phishing websites. After gaining access to passwords and 2FA, the attacker took over the accounts and posted fraudulent content. All the breached accounts are linked to the same addresses through which the stolen funds were transferred.
Kraken and the SEC filed a joint statement and proposed order after the court rejected the exchange's request to compel the production of documents regarding Bitcoin, Ethereum, and the SEC's internal trading policies 📑
Kraken and the SEC filed a joint statement and proposed order after Judge Robert Illman rejected Kraken's request to provide a range of documents. The exchange had sought information about Bitcoin, Ethereum, and the SEC's internal trading policies, believing it was crucial for defending its interests. In response, the SEC and Kraken agreed to extend the deadline for filing objections until March 31, 2025, to discuss the possibility of further amendments. Lawyer Matthew Solomon, a well-known defender of Ripple’s CEO, noted that these documents are critical to Kraken’s case.
Bitget has announced a strategic partnership with SunPump to develop meme coins on TRON, including support for accelerated listing, marketing, and innovative projects 💡
Bitget, a leading cryptocurrency exchange, has announced a strategic partnership with SunPump, a platform for fair launch of meme coins on TRON. The collaboration aims to support innovative projects and develop the meme coin ecosystem. Bitget will assist with accelerated listing, expert support, and marketing for projects launched through SunPump. This partnership will strengthen TRON's position as a leading blockchain network and stimulate the growth of decentralized applications and meme coins.
North Korean hackers used LinkedIn to steal 4,502.9 BTC (308 million dollars) from DMM Bitcoin, causing the company's closure, but no losses were recorded among users 🚫
North Korean hackers used LinkedIn to send a malicious Python script to an employee of DMM Bitcoin, resulting in the theft of 4,502.9 BTC (approximately 308 million dollars). The attackers, posing as recruiters, infiltrated the company's system through session cookies. As a result of the attack, DMM Bitcoin announced its closure, but no losses were reported among users. In 2024, the crypto industry lost 1.5 billion dollars due to hacker attacks, including the theft of 235 million dollars from WazirX.
Elon Musk's xAI raised $6 billion in a Series C round, increasing its valuation to over $40 billion, directing funds toward the development of AI products and the Colossus supercomputer 🤖
In Russia, from January 1, 2025, a six-year ban on cryptocurrency mining will be introduced in ten regions due to high energy consumption, and temporary restrictions may be imposed in other regions ⛔
Fraudsters deceive cryptocurrency users using multi-signature wallets and seed phrase publications in YouTube comments, luring into a trap with TRX and USDT 🚨
Mercado Bitcoin has integrated the INJ token, the native currency of the Injective blockchain, allowing users to exchange INJ for Brazilian real and use decentralized finance 🚀
In Hyderabad, 21 people have been arrested for withdrawing 8.2 million rupees from the bank accounts of cybercrime victims and transferring the money to cryptocurrency linked to Dubai 💸
Crypto.com launches Crypto.com Custody Trust Company in the US for digital asset custody for clients from the US and Canada, including institutional and wealthy users 💼
Google will allow ads for cryptocurrency hardware wallets starting in January 2025: new requirements for advertisers from the UK, certification, and compliance with local laws 🔒
Uniswap is launching Unichain — a Layer 2 solution for DeFi based on the OP Stack with a public mainnet in early 2025, offering 250 ms block times and improved security through error-mitigation 🚀
South Korea and the United States have started joint research to develop technologies to protect cryptocurrency platforms from hacker attacks linked to North Korea and track stolen assets 🔒
South Korea and the United States have started joint research to protect against cryptocurrency thefts organized by hackers linked to North Korea. The countries will develop technologies to prevent attacks on cryptocurrency platforms and track stolen assets. Scientists from Korea University and the RAND Institute, with support from the U.S. Department of Homeland Security, will focus on methods of protection and tracking financial flows through illegal activities, including ransomware programs. The initiative is relevant amid the rising prices of Bitcoin, which increase the risks of hacker attacks.
North Korean hackers lost $700,000 on Hyperliquid, raising concerns about testing system vulnerabilities before attacks. DPRK's cryptocurrency thefts amounted to $1.34 billion in 2024 💥
North Korean hackers lost $700,000 while trading on the Hyperliquid platform, raising concerns about testing the system for potential attacks. A Taiwanese expert offered help in securing the platform, noting the high qualifications of DPRK hackers using zero-day vulnerabilities. In 2024, North Korean hackers stole $1.34 billion in cryptocurrency, which accounted for more than half of all thefts. The US and UAE also imposed sanctions on Chinese citizens and their company involved in money laundering to finance North Korea's nuclear programs.
Trump appointed Stefan Myrano as Chairman of the Council of Economic Advisers, a supporter of cryptocurrencies, continuing the drive to make the U.S. the "cryptocurrency capital of the world" 🚀
U.S. President Donald Trump appointed Stefan Myrano, a former Treasury official from his first administration, as Chairman of the Council of Economic Advisers (CEA). Myrano, known for his support of cryptocurrencies, will advise the president on economic matters and develop recommendations for growth and stability. This appointment continues Trump's cryptocurrency strategy, as he previously stated his intention to make the U.S. the "cryptocurrency capital of the world."
Italy fines OpenAI 15 million euros for data privacy violations and demands a six-month campaign to inform users about data collection for ChatGPT 📊
The Italian Data Protection Authority fined OpenAI 15 million euros and demanded a six-month informational campaign about the data collection and use of ChatGPT. The regulator noted that the company failed to notify about the data breach in March 2023 and used personal data of users without legal grounds. Additionally, there was no age verification system, which could have allowed minors to access inappropriate content. The campaign must explain users' rights to opt-out and delete data under GDPR.
Best news of the last 10 days
The Japanese investment firm Metaplanet has acquired nearly 620 bitcoins worth $60 million, increasing its assets to 1,762 BTC worth $168 million as part of its cryptocurrency accumulation strategy 💼
Cryptopia began distributing 225 million dollars to affected users, including Bitcoin and Dogecoin, after the 2019 hacker attack, which affected more than 10,000 accounts 💻
Cryptocurrency companies, including Ripple, Coinbase, and Kraken, donated millions of dollars to Trump's inauguration, including 5 million dollars in XRP 💰
The German regulator demanded that Worldcoin delete biometric data that does not comply with GDPR and implement new procedures to enhance user data protection 🌍
Sophgo may be blacklisted in the U.S. due to ties with Huawei; chips found in Ascend 910B raise national security concerns 🔒
Sophgo, a Chinese chip manufacturer, may be added to the U.S. blacklist due to its connection with Huawei. Chips from Sophgo were found in the Huawei Ascend 910B processor, raising concerns among U.S. authorities. Despite the company's claim of independence from Huawei, Sophgo actively collaborates with Chinese government agencies, supplying chips for surveillance systems, exacerbating national security concerns. In response to the scandal, TSMC suspended shipments to Sophgo.
Tether invests $775 million in Rumble: $250 million in cash and support for repurchasing 70 million shares at $7.50 per share to boost the platform's growth 📈
Tether invests $775 million in Rumble, including $250 million in cash and support for the repurchase of 70 million shares at $7.50 per share. This will strengthen Rumble's growth and contribute to its path toward profitability by 2025. Tether CEO Paolo Ardoino noted that the partnership reflects the values of decentralization and freedom of speech, and collaborating with Rumble will open up opportunities in advertising, cloud services, and crypto payments.
The SEC fined Tai Mo Shan $123 million for deceiving investors about the stability of Terra USD, artificially maintaining the price at $1, and illegally selling LUNA tokens as unregistered securities 💵
The SEC imposed a $123 million fine on Tai Mo Shan for misleading investors about the stability of Terra USD (UST) and the illegal sale of LUNA tokens. The company artificially supported the UST price with $20 million in purchases, hiding external intervention. Additionally, Tai Mo Shan sold LUNA as unregistered securities, violating U.S. laws. The company agreed to pay the fines and cease its violations.
Rostislav Panev arrested in Israel: LockBit developer accused of creating cyber weapons causing damage worth over $500 million 💰
In Israel, Rostislav Panev has been arrested, accused by the United States of developing malware for the cyber group LockBit. This organization has attacked over 2,500 victims in 120 countries, including hospitals, schools, and infrastructure, extorting more than $500 million. Panev created tools for attacks, including code to disable antivirus software, and received cryptocurrency for his work. The United States and international partners are actively combating the group, disrupting its activities and holding those involved accountable.