Category: Crime

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Three Arrows Founders ‘Received Threats of Physical Violence’ – Su Zhu Breaks Silence

Founders of troubled major crypto hedge fund Three Arrows Capital (3AC) and their families “have received threats of physical violence,” according to seemingly a screenshot of an email, shared by Su Zhu, the co-founder of the fund, today. He tweeted for the first time since June 15, sharing what appears to be an email from…
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Uniswap Users Fall Victim to a USD 8M NFT Phishing Attack, Binance Pulls False Alarm

Users of Uniswap (UNI), the largest decentralized exchange (DEX) operating on the Ethereum (ETH) blockchain, have fallen victim to a sophisticated phishing attack, reportedly losing over USD 8.1m worth of assets. Meanwhile, Binance CEO Changpeng Zhao (CZ) falsely alarmed about the incident, claiming that the protocol itself was exploited. … Read More: Uniswap Users Fall Victim…
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Venezuelan Crime Gang Was ‘Stealing Crypto from Retirees’

A Venezuelan police agency says it has caught criminals who have allegedly stolen cryptoassets from pensioners by misusing the Patria crypto remittance platform…. Read More: Venezuelan Crime Gang Was ‘Stealing Crypto from Retirees’  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Three Arrows Founders in Hiding, Voyager’s Unknowns, Vauld’s ‘Breathing Space’ + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._______… Read More: Three Arrows Founders in Hiding, Voyager’s Unknowns, Vauld’s ‘Breathing Space’ + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M

The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen funds while keeping some as compensation. The team announced today that “after a long negotiation,” the hacker returned ETH 6,064 (USD 7.19m) and…
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Spanish Police Spends USD 115K on Crypto Monitoring Technology to Fight Drug Smuggling

The Spanish police force has announced that it will invest in tech platforms that will help officers catch drug traffickers who make use of cryptoassets. According to El Español, officers who patrol the Strait of Gibraltar – the waters that wash Morocco, Spain, and Gibraltar – have spent almost USD 115,000 on two blockchain analysis…
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Solana-Powered Crema Finance Loses Almost USD 9M in Flash Loan Attack

Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has lost over USD 8.7m worth of crypto assets in a flash loan attack that drained its liquidity reserves. The protocol’s official Twitter account confirmed the hack on Sunday and announced the temporary suspension of the service as they started an investigation…. Read…
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SIM Swaps, Other Crypto-related Crimes Set to Rise in South Korea, Says SK

  A South Korean telecommunications giant has claimed that SIM swap-type crypto attacks are on the rise in the country – and has predicted a rise in all crypto-related crime cases in the second half of 2022. The claims were made by SK Shieldus, part of the SK Group, which owns SK Telecom – one…
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Popular Meme Coin Dogecoin Used in ‘Most Serious’ Crimes

  Dogecoin (DOGE), the world’s largest meme coin in terms of market capitalization, is being used by illicit actors in the “most serious types of crime,” according to a recent report from blockchain analytics firm Elliptic. The report states that as dogecoin gained popularity as a means of payment for legitimate goods, it has also…
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US SEC Launches Probe into Insider Trading Safeguards of Crypto Exchanges – Report

  The US Securities and Exchange Commission (SEC) has reportedly launched a string of inquiries into the activities of numerous crypto exchanges, striving to determine whether the businesses have adequate safeguards in place to prevent insider trading…. Read More: US SEC Launches Probe into Insider Trading Safeguards of Crypto Exchanges – Report  Read more »Pay,…
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