The Federal Bureau of Prison has moved Sam Bankman Fried, the former FTX CEO to a Southern-California prison which is known for brutalism and violence. Sam Bankman Held at Victorville According to a BOP inmate locator, he is now being held at a medium security facility in Victorville, as of Wednesday. Before the transfer, Fried …
The scheme would trigger an initial payout within 10 business days, followed by phased resumptions of withdrawals and trading, subject to regulatory compliance.
The Delhi High Court has stepped in as WazirX faces backlash for allegedly restructuring user crypto assets without consent. Petitioners claim that the platform is making changes without user consent, affecting even those assets not hit by a past cyberattack. The court issued a notice on March 28, 2025, in response to a petition filed …
WazirX has gained major support for its restructuring plan, with 94.6% of voting creditors (by claim value) saying “yes.” A total of 141,476 creditors voted, representing over $195.6M in approved claims. Of them, 93.1% voted in favor by count. The approval far exceeds the required threshold under Singapore law. With strong backing in hand, Zettai …
The figure marks a 303% increase on the previous quarter.
The report reveals that one such worker juggled 12 fake personas across the U.S. and Europe and sought employment by fabricating references
The first quarter of 2025 was a rollercoaster for the crypto world. Governments pushed for stronger regulations – like the US Strategic Cryptocurrency Reserve and the SEC’s Crypto Task Force – while the EU tightened its grip with new MiCA rules. The goal? To make crypto safer and more transparent. But despite these efforts, hackers …
The hacker behind the $9.6 million exploit of the decentralized lending platform zkLend in February has revealed they fell victim to a phishing website. The scam site, posing as a front-end for Tornado Cash, tricked the hacker into losing 2,930 Ether from the stolen funds. This incident adds a surprising twist to the ongoing zkLend …
The National Consumer Disputes Redressal Commission (NCDRC) has declined to hear a case from a group of WazirX investors who suffered losses due to the $234 million crypto hack. Investors To Approach Supreme Court Next The commission stated that since crypto transactions aren’t fully regulated in India, it cannot investigate the matter. The NCDRC stated …
FTX, the once-prominent cryptocurrency firm, is ready to start paying back its major creditors by the end of May. After gathering a massive $11.4 billion since its collapse, the cryptocurrency firm is ready to begin making significant payouts as per a latest report from Bloomberg. While smaller creditors with “convenience claims” have already received payments, …
The National Consumer Disputes Redressal Commission (NCDRC) has dismissed a lawsuit filed against WazirX over a ₹2000 crore hack. The court ruled that there is no established legal framework for cryptocurrency-related issues in India. As a result, the case against the crypto exchange was thrown out, highlighting the regulatory gap surrounding cryptocurrency in the country. …
Hackers on the dark web allege they have obtained over 100,000 user records from crypto exchanges Gemini and Binance. According to a March 27 report by Dark Web Informer, a threat actor known as AKM69 is selling a database containing full names, emails, phone numbers, and location data. Most affected users are from the U.S., …
A mysterious trader, who made $20 million from leveraged trades on Hyperliquid and GMX, has been identified as William Parker, a British hacker with a history of financial crimes. The involvement of Parker in the suspicious trading activity has been exposed by crypto investigator ZachXBT. In an X post, the investigator explains his findings, including …
Recently, in one of the most disastrous hacking attacks conducted by the notorious North Korean hacker group, Lazarus, Bybit lost at least $1.4 billion. The incident has sent shockwaves across the cryptocurrency industry. However, with the support of various top crypto players, including prominent blockchain security groups, the organisation has launched an action to regain …
Crypto news outlet Watcher.Guru’s X account was hacked, leading to the spread of false information about XRP. The attackers used the compromised account to post misleading content, causing confusion within the crypto community. The team has since regained control and is working to clarify the misinformation. Continue To Read
On March 17, OKX paused its decentralized exchange (DEX) aggregator after discovering that the North Korean hacking group Lazarus was attempting to misuse its services. The exchange decided to suspend the DEX aggregator while it works on upgrades to prevent further issues, following consultations with regulators. OKX Pauses DEX Aggregator for Internal Review and Upgrades …
Crypto mixers and crosschain bridges help criminals obscure stolen funds, making it harder for investigators to trace illicit transactions.
After nearly 7 months, WazirX, one of India’s largest cryptocurrency exchanges, is under intense scrutiny as the Financial Intelligence Unit (FIU) has been ordered to investigate the platform for fraud and security failures. This directive, issued by India’s Ministry of Finance on February 14, 2025, comes months after WazirX suffered a massive ₹2000 crore hack, …
Crypto exchanges manage liquidity crises following major hacks by leveraging insurance funds, seeking emergency financing, suspending services, and collaborating with industry players.
In the previous month, the cryptocurrency sector witnessed its biggest hack in history. Because of the Bybit hack, it lost nearly $1.4 billion. In February, losses from hacks increased by at least 1,500% compared to January. Let’s dive deep to analyse the scenario better! Bybit Hack: The Largest Crypto Attack in History It was on …
In one of the biggest crypto heists ever! North Korean hackers have stolen a staggering $1.5 billion from ByBit, one of the world’s largest cryptocurrency exchanges, according to the FBI’s official statement. This marks one of the biggest crypto hacks in history, nearly doubling what North Korea stole in digital assets last year. Calling this …
The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.
The $1.4 billion hack of Bybit, one of the largest cryptocurrency exchanges, is believed to be the work of the Lazarus Group, a North Korean hacking collective with a history of large-scale cyberattacks. The hackers were responsible for the $1.4 billion hack of Bybit, who targeted Bybit’s cold wallet signers and intercepted transfers, gaining access …
The attack starts with seemingly legitimate GitHub projects — like making Telegram bots for managing bitcoin wallets or tools for computer games.
Bybit is taking aggressive measures to recover all of the funds stolen in the recent hack that resulted in a loss of $1.46 billion from the exchange. The Bybit CEO declared a war against the North Korean hacking group Lazarus, responsible for the largest cryptocurrency heist to date. To facilitate this, the Bybit team has …
Hackers made off with approximately $50 million when the automated market maker was exploited in 2021.
Just a few days after the shocking Bybit hack, another suspicious fund movement has been detected in the cryptocurrency ecosystem. According to Certik Alert, no fewer than $49.5 million have been transferred from an unverified Ethereum contract. Last week, in the largest hacking event in the history of the crypto industry, approximately $1.46 billion in …
The crypto world is buzzing with controversy after hackers stole a staggering $1.4 billion from Bybit on February 21, making it the biggest crypto hack in history. The attack, which saw cybercriminals gain control of Bybit’s Ether multisig cold wallet, has been linked to North Korea’s Lazarus Group. In trailing news, North Korean hackers have …
Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.
The cryptocurrency token SEI has actually stood out as a noteworthy example of market endurance, which was further confirmed by this token posting a solid 16% within the previous week. Related Reading: Dogecoin Whales Go On A 110-Million Memecoin Buying Spree—What’s Next For DOGE? Obviously, the token’s performance came on the back of a gloomy mood in the cryptocurrency markets after the Bybit security breach and what came thereafter for crypto prices. Thus, SEI has successfully set its own pace to attract its own followers on the investor side and show great aptitude for growth in face of these unfavorable market developments. Technical Analysis Points To Robust Trajectory A close examination of SEI price fluctuations reveals glaring signs of a possible trend reversal. After testing the August 2024 lows, the token essentially held on to the required support levels, opening a window for incoming price changes. From a technical perspective, market participants’ optimism stems not only from a decisive close above the 1-day EMA20 but also from SEI’s impressive breakout from the daily downtrend line. Traders Assess Essential Price Thresholds, Resistance Areas Despite the optimism of SEI’s recent performance, seasoned traders are adopting a prudent stance. The present price fluctuation may signify a corrective impulse, notably rectifying the market imbalance established on February 2nd and 3rd. The $0.33 price point is a critical resistance level, having previously functioned as a support zone. The reclaiming of this level could significantly enhance the token’s mid-term bullish market framework. Nonetheless, SEI persists in trading beneath the significant 1-day EMA200, a technical indicator that has traditionally served as a robust resistance threshold. $SEI is on the verge of a multi-month trendline Breakout.. ???? Expecting a 60-70% Bullish Rally so Keep an eye on it..#Crypto #SEI #SEIUSDT pic.twitter.com/OsHOeO8lDR — Captain Faibik ???? (@CryptoFaibik) February 22, 2025 Market Analysts Assess Price Forecast Now, the question is: Does SEI have the wherewithal to hit a sixfold, or even a sevenfold increase in price? For Captain Faibik, a cryptocurrency researcher, the crypto has the capability to do just that. In fact, he sees SEI rising that much in the coming weeks. “SEI is on the verge of a multi-month trendline Breakout,” Fabik said in an X post. According to the analysis, SEI’s present route could cause a substantial price hike. The token’s ability to break key resistance levels and the market’s performance may shorten this trend. Related Reading: Why XRP Hasn’t Faded: Billionaire Highlights Key To Its Survival Strategic Opportunities Within A Dynamic Market Meanwhile, SEI’s current market status offers a distinctive environment for both long-term and short-term trading investors, The token’s capacity to resist overarching market trends while forming fresh support levels has generated varied opportunities for market participants. As the cryptocurrency market stabilizes, SEI’s performance metrics and technical indicators will be closely monitored by investors and traders. The token’s ability to maintain its upward trajectory, especially concerning key price levels and moving averages, will likely dictate its effectiveness in leveraging the existing market framework. Featured image from Gemini Imagen, chart from TradingView