Immunefi suspends TrustSec amid bug bounty dispute
Immunefi suspended Trust Security over accusations of manipulating issues, sparking debate on fairness in Web3 bug bounty platforms. Go to Source
Month: November 2024
Crypto Kidnapping: Tourist Held Captive, Forced to Transfer $250K in USDT
A 23-year-old Ukrainian tourist in Phuket, Thailand, was kidnapped and forced to transfer $250,000 in USDT stablecoins (about 8.56 million baht) to two armed robbers. Viacheslav Leibov was threatened with violence until he complied with the robbers’ demands. Initially, the two robbers, an Armenian and a Ukrainian, demanded $500,000 in USDT but agreed to settle … Read more
TV, not TikTok, will educate the world about blockchain
Television’s long-form format and widespread reach make it a superior medium for educating the masses about blockchain and Web3 technologies. Go to Source
Ethereum ‘poised to benefit’ most from Trump win: Consensys CEO
Donald Trump’s presidential election win was especially bullish for Ethereum, which has been held down by the SEC, Consensys CEO Joe Lubin said. Go to Source
Brazil Prepares to Let Tradfi Institutions Embrace Crypto
The Central Bank of Brazil is preparing to open the cryptocurrency market to traditional finance institutions, which will be able to operate in this industry with clarity after the enactment of the upcoming regulation. Small crypto startups might face challenges in regularizing their situation due to the high bar this framework will impose. Central Bank … Read more
PayPal USD links with LayerZero for transfers between Ethereum and Solana
PayPal’s US Dollar-pegged stablecoin has integrated cross-chain bridge LayerZero to allow native transfers of PYUSD between the two networks. Go to Source
Crypto scam launderer pleads guilty to role in $73M scheme
Daren Li is looking at a maximum of 20 years in prison after pleading guilty to his role in laundering crypto in a $73 million scam. Go to Source
New Bitcoin price all-time high ‘unlikely’ as trader eyes $70K floor
Bitcoin needs to take stock of recent gains, say market participants, as bulls see repeated rejections at $90,000. Go to Source
Ethereum ETF total flows flip net positive after runner-up inflow day for BlackRock
Almost $650 million has entered Ether ETFs over the past five trading days as the assets surged more than 30%. Go to Source
Russia-India Trade Nears 90% Dollar-Free — A Game-Changing Pivot
The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis Manturov. Speaking at a Russian-Indian intergovernmental commission meeting, Manturov emphasized the importance of expanding banking cooperation between the two countries. Trade turnover between Russia and India rose 9% in the first eight months … Read more
