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Celsius Debt Now Down to Around USD 120M After Aave, Compound Repayments

Troubled crypto lender Celsius (CEL) appears to have no intention of being frozen out of the crypto world – and is continuing to take action to avoid possible insolvency as it has been hurriedly repaying the debts it owes.  Blockchain analytics data shows that Celsius has recently repaid some USD 78.1m worth of USD coin…
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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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More than $4.7M stolen in Uniswap fake token phishing attack

Some initially interpreted the hack as an exploit of the Uniswap v3 protocol, but it was quickly clarified as the result of a phishing campaign. A sophisticated phishing campaign targeting liquidity providers (LPs) of the Uniswap v3 protocol has seen attackers make off with at least $4.7 million worth of Ether (ETH). However, the community…
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Helium network team resolves consensus error after 4-hour outage

The network downtime affected token transfers and miner rewards, but not devices during the 4-hour outage caused by a failure in the Consensus Group. The Internet of Things (IoT) blockchain Helium shut down for about 4 hours on Monday due to validator outages from a software update, causing delayed transaction finality. During the outage, devices…
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Online brokerage M1 Finance to launch crypto trading accounts

U.S. brokerage firm M1 Finance will soon roll out crypto accounts and commission-free trading services for ten digital assets. Despite the bear market scaring away many crypto investors in 2022, online brokerage firm M1 Finance is set to launch crypto trading accounts and trading services over the next few weeks. The Chicago-based company was founded…
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The UK’s largest Bitcoin conference comes to Scotland

Over 800 attendees are set to attend the United Kingdom’s largest international Bitcoin conference in Edinburgh, Scotland on Oct. 21. The bear market won’t scuttle Bitcoin’s (BTC) adoption plans in the United Kingdom. From Oct. 21–22 this year, internationally recognized Bitcoin experts, authors and content creators will take part in the United Kingdom’s largest Bitcoin conference to…
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Bank of Russia opposes private stablecoins in the country

Russia’s central bank sees the digital rubble as the only technological payment option to support. In a fresh episode of the longstanding battle between the Central Bank of Russia (CBR) and the country’s Ministry of Finance, representatives of the former have criticized the latter’s idea of supporting the stablecoins, which some private investors have sought to…
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Spain to Offer Grants for Metaverse Companies

The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to be considered. The first batch of…
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South Korea Ready to Test its CBDC with Commercial Banks, But Says Launch Is ‘a Long Way off’

South Korea’s central Bank of Korea (BOK) says it is now ready to commence “real-world” testing for its prototype digital won – but is refusing to say whether or not it actually intends to roll out the token…. Read More: South Korea Ready to Test its CBDC with Commercial Banks, But Says Launch Is ‘a…
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‘Nobody is holding them back’ — North Korean cyber-attack threat rises

“Even though the tradecraft is not perfect right now… it’s still a fresh market for North Korea,” says former CIA analyst Soo Kim. North Korea-backed cyberattacks on crypto and tech firms will only become more sophisticated over time as the country battles prolonged economic sanctions and resource shortages.  Former CIA analyst Soo Kim told CNN…
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