Polygon Discord compromise hits Avalanche, ZKsync hours later
The Discord servers of several high-profile blockchain projects were all hit with similar attacks over the weekend — all sharing links to sham token distribution schemes.
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Report: Number of Routers Affected by Crypto Malware Doubled Since August, Reaching 415K
The number of MikroTik routers affected by cryptojacking malware has repotedly doubled since summer 2018, reaching 415,000, security researcher VriesHd tweeted Sunday, Dec. 2.Since August, VriesHd has been reporting on crypto malware that targets routers and forces them to mine cryptocurrencies along with the researchers from Bad Packets Report.They revealed that routers by Mikrotik, a…

Sonic TVL rises 66% to $253M since rebranding from Fantom
Sonic claims to be the world’s fastest EVM chain with a “true” 720 milliseconds blockchain finality.

Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan
The Financial Monitoring Agency, Kazakhstan's financial watchdog, emphasizes the need to regulate the sector. 443 Total views 28 Total shares The Financial Monitoring Agency of the Republic of Kazakhstan reported earlier on Tuesday that 55 illegal mining farms “voluntarily stopped their operation” due to an enforcement campaign by the regulator, and another 51 entities’ operations…

Bitcoin Reclaims $13,000 as NY Fed Says Recession Risk Highest Since 2008
Bitcoin (BTC) hit $13,000 again on June 10 as the 2019 bull market delivered fresh reasons to celebrate for traders and HODLers. Market visualization courtesy of Coin360Data from Coin360 showed BTC/USD hitting $13,130 in early trading Wednesday, the pair reclaiming almost $1,000 in 24 hours. The past days have surprised markets, with analysts previously warning a major…

Bittrex Secures $300 Million Insurance for Cryptocurrencies in Cold Storage
Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage.Bittrex announced in a blog post on Jan. 29 that the exchange obtained specialty insurance for corporations by insurance firm Lloyd’s of London after working with major insurance broker and adviser Marsh. The co-leader…

Thai Police Arrest Suspect in $24 Million Bitcoin Scam
Thai police have detained 27-year old actor Jiratpisit "Boom" Jaravijit in an alleged $24 million cryptocurrency scam, Bangkok Post reported August 9. Jiratpisit is reportedly one of the seven suspects in the alleged crime, including his older brother and sister. On July 26, the Criminal Court awarded a warrant for his arrest following a complaint…

Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust
Fir Tree hinted at potential additional litigation against Grayscale and parent company Digital Currency Group based on what its GBTC documentation may reveal. Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over its Bitcoin Trust.According to a July 11 announcement from Fir Tree, Grayscale agreed to provide additional…

Ticketing platforms use blockchain to engage with customers post-pandemic
The year 2020 was certainly lonely for many people around the world, as the COVID-19 pandemic resulted in the cancellation of almost all social events and gatherings. As a result, online events have become the new normal for almost every industry. While some may view this as an innovative development, many industries have struggled to…