On September 20, Nansen, a leading blockchain analytics platform, was alerted by one of its third-party vendors about a security breach. The vendor's system was compromised, granting an attacker administrative rights to an account responsible for provisioning customer access to Nansen's platform. Swift action was taken to halt the unauthorized access, and an immediate investigation was initiated.
In a recent and unexpected turn of events, tech magnate Elon Musk has announced that he is filing a lawsuit against the Anti-Defamation League (ADL) for defamation. This move has sent shockwaves through both the tech and legal communities, with many speculating on the reasons and potential outcomes of this legal battle.
In a dramatic turn of events following Grayscale's landmark victory against the U.S. Securities and Exchange Commission (SEC), US House Representative Warren Davidson has publicly called for the dismissal of SEC Chair Gary Gensler.
Over the past few months, Viceroy Research, an investigative financial research group, has released several reports on Hexagon AB, raising serious concerns about the company's business practices and financial integrity.
In the intricate web of the financial world, where transactions happen at the speed of light, ensuring transparency and justice can sometimes be a challenge. This is the story of the European Funds Recovery Initiative (EFRI) and its relentless pursuit against PayVision, a Dutch FinTech company, in a bid to secure restitution for scam victims.
The recent dip in Binance's BNB coin price to around $204 has raised questions about the challenges the exchange is facing, including regulatory scrutiny and its access to fiat off-ramps. Binance's Chief Changpeng Zhao (CZ) has a vested interest in keeping the BNB price above $200, as it has rarely traded lower than that since February 2021.
The Federal Bureau of Investigation (FBI) has issued a warning that North Korean hackers may attempt to liquidate stolen Bitcoin valued at over $40 million. The announcement comes as the FBI identified six wallets linked to the Lazarus Group and APT38, both North Korea-based hacking entities known for their involvement in cryptocurrency hacks.
In a significant move highlighting China's strict stance on unauthorized cryptocurrency activities, a former Chinese government official, Xiao Yi, has been sentenced to life in prison for his involvement in subsidizing a secret and large-scale Bitcoin mining operation within the country. The operation, based in Fuzhou, consumed a substantial portion of the city's power supply and was operated by Jiumu Group Genesis Technology.
In recent developments, well-known cryptocurrency lawyer John Stark has publicly called for the U.S. Securities and Exchange Commission (SEC) to initiate an investigation into Binance, a major player in the global cryptocurrency exchange landscape. The call for an investigation follows mounting concerns and allegations surrounding potential market manipulation and regulatory violations within the cryptocurrency industry.