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Ex-FTX Engineer Reveals Alameda Research’s $200M Loss from Multiple Phishing Attacks Stemming from Inadequate Security Measures

Wyatt Newson3 years ago3 min read

Former Alameda Research Engineer Exposes Security Flaws and Losses A former software engineer at Alameda Research, Aditya Baradwaj, has revealed several security flaws that allegedly caused the hedge fund’s sister company, FTX, to lose around $200 million. Baradwaj took to Twitter to share…

The Significance of Cryptocurrency in Venezuela’s Crisis, Emphasized by Opposition Leader

Noah Rypton3 years ago1 min read

Venezuelan Opposition Leader Leopoldo Lopez Embraces Crypto to Overcome Censorship Leopoldo Lopez, a prominent figure in Venezuela’s opposition movement, has praised cryptocurrencies as a tool for overcoming censorship. In an interview with Chainalysis, Lopez highlighted the importance of crypto in helping Venezuelans preserve…

Evidence from court shows Binance leaked internal memo on balance sheet to CoinDesk, SBF reports

Theon Barrett3 years ago2 min read

Evidence Suggests Binance Responsible for Leaking Alameda Research’s Balance Sheet During Sam Bankman-Fried’s trial, evidence was presented indicating that he held Binance accountable for leaking a balance sheet for Alameda Research to CoinDesk. This incident played a crucial role in the collapse of…

Cristiano Ronaldo Collaborates with Binance to Unveil Latest NFT Collection

Leo Nomist3 years ago2 min read

Cristiano Ronaldo and Binance Launch Third NFT Collection Cristiano Ronaldo has partnered with Binance to release the third NFT collection called “CR7 ForeverZone.” The collection includes 50,000 mystery boxes filled with exclusive prizes. Some lucky fans will have the chance to win a…

Judge Imposes Multiple Orders and Restricts Amicus Participation

Gapster Innes3 years ago2 min read

Judge Signs Multiple Orders in Binance Vs SEC In the ongoing legal battle between Binance and the SEC, Judge Amy Berman Jackson has signed multiple orders to clear pending motions. These include an amicus brief filed by USDC issuer Circle, who argues that…

JPMorgan Anticipates 20% Decrease in Bitcoin Hash Rate Following Halving

Noah Rypton3 years ago2 min read

JPMorgan Predicts 20% Reduction in Bitcoin Hash Rate After Halving Event JPMorgan has released a report stating that the upcoming halving event in April 2024 could lead to a 20% decrease in the Bitcoin hash rate. This reduction would occur as older mining…

USDR Stablecoin, Backed by Real Estate, Decouples and Drops to $0.53

Owen Patter3 years ago2 min read

Real USD Stablecoin (USDR) Loses Peg to USD In a recent development, the Real USD (USDR) stablecoin has lost its peg to the U.S. dollar, causing its value to plummet to just $0.5. This sudden depegging has resulted in a significant drop in…

Decline in Dogecoin’s Daily Transactions Hits 3-Month Low

Fin Boldom3 years ago2 min read

This Year Has Been Challenging for Dogecoin Dogecoin (DOGE), the popular dog meme-inspired cryptocurrency, has had a tough year. It has experienced losses on all its charts and has seen a significant decline in daily transactions over the past month and a half.…

Returning 90% of Stolen Funds: Hacker’s Act of Restitution for Stars Arena Exploit

Theon Barrett3 years ago3 min read

Avalanche-based Social Protocol Stars Arena Recovers 90% of Funds Lost in Security Exploit Stars Arena, a social protocol built on the Avalanche blockchain, has successfully recovered approximately 90% of the funds that were lost during a security exploit last week. The team was…

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