Attacker drains $1.4 million from CUT token pools via mysterious unverified contract
An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens. Go to Source
Month: September 2024
Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis
The launch of the Bitcoin ETF in the US triggered an increase in the total value of Bitcoin activity across all regions worldwide, according to Chainalysis. Go to Source
India tops global crypto use despite offshore exchange ban
India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received. Go to Source
Brazilian bank suspends native crypto token trading following 97% price drop
Nubank suspends trading of its native token, offering users the option to convert holdings to Bitcoin or USDC by Dec. 9. Go to Source
State Regulator Warns of Crypto Fraud After Investor Loses $750K
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing. Despite the investment supposedly growing to $1.4 million, the investor faced continuous demands for taxes and fees. Washington Investor Scammed Over $750,000 in Crypto Mining … Read more
UAE regulators to allow Dubai-licensed VASPs to service entire country
The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training. Go to Source
OpenAI to release ‘Strawberry’ reasoning for ChatGPT in coming weeks: Report
OpenAI is set to introduce “Strawberry,” a new reasoning-focused AI model that enhances the AI’s ability to “think” before responding. Strawberry is expected to be released in the coming weeks. Go to Source
Ripple Renews NYU Abu Dhabi Partnership for Blockchain Research
Ripple has renewed its partnership with NYU Abu Dhabi to support blockchain research and innovation. This partnership aims to foster talent development, advance digital asset adoption, and integrate blockchain technology into startups and established institutions in the UAE. Ripple has funded numerous scholarships and research projects through its UBRI program, demonstrating its commitment to driving … Read more
$TIA Faces Major Unlock Event: Can It Survive The Incoming Supply Surge?
Despite a significant drop of 80% from its all-time high (ATH), $TIA remains double its value since its initial listing. However, the token is facing concerns due to a looming token unlock, which could spark a market crisis. Key Figures 🗝️: $TIA currently holds a circulating market cap of approximately $870 million, representing just 20% … Read more
WazirX Hackers Funnel $11M In Stolen ETH Through Tornado Cash
The hackers behind the July WazirX breach, believed to be tied to North Korea, have moved another $11 million worth of stolen Ethereum (ETH) into Tornado Cash, a cryptocurrency mixer that obscures transaction trails. In the latest move, over 5,000 ETH was transferred to a new wallet, with $1.2 million laundered through Tornado Cash across … Read more