Following a $220 million hack on the Cetus DEX, Sui validators froze $162 million in stolen funds. Explore the details of the Cetus exploit, the recovery efforts, and the implications for decentralization on the Sui network.
Category: Blockchain
Skew: Revolutionizing P2P Lending with Fiat, Crypto, and Debit Card Rewards
Skew emerges from stealth as a Switzerland-regulated P2P lending platform, bridging the gap between traditional finance and crypto with a debit card and innovative lending solutions.
Bitcoin Launderer Sentenced to 6 Years for ‘No Questions Asked’ Cash-to-BTC Service
Trung Nguyen, operator of a ‘no questions asked’ cash-to-Bitcoin service, receives a 6-year prison sentence and must forfeit $1.5 million for money laundering and running an unlicensed money-transmitting business.
Fake Ledger Live App Steals Crypto: How to Protect Your Seed Phrase
Cybercriminals are targeting Ledger users with fake Ledger Live apps that steal seed phrases, leading to drained crypto wallets. Learn how to identify and avoid these scams.
US Banks Explore Joint Stablecoin: A Deep Dive into the Potential Implications
Major US banks, including JPMorgan, Bank of America, Citigroup, and Wells Fargo, are reportedly in preliminary discussions to launch a joint stablecoin. This move could revolutionize digital payments and challenge the traditional banking model. Learn more about the potential impact and regulatory landscape.