• security

Crypto Fraudsters Can be Fined, Jailed and Now Also 'Caned' by Authorities

Singapore authorities may implement caning as punishment for cryptocurrency fraud to deter financial crimes, highlighting concerns over rising scams and the inadequacy of current penalties.

• security

Pond.fun hacked by insider; Chainalysis and Elliptic tapped to block funds’ withdrawal

Pond.fun, a meme coin launchpad, was hacked by its software engineer, resulting in the theft of 64.8 ETH. The platform advises users to avoid all interactions.

• security

SlowMist flags a security flaw that could lead to private key leakage

SlowMist identifies a serious flaw in a popular encryption library, enabling hackers to extract private keys and jeopardize digital assets and identities through single signature manipulation.

• security

zkLend opens recovery portal for users affected in $9.6M February exploit

zkLend launched a Recovery Portal for users affected by a $9.6 million exploit, detailing plans for fund recovery and collaboration with security experts.

• security

Indian law enforcement picks CoinDCX for seized crypto custody

The Enforcement Directorate in India has chosen CoinDCX to manage seized cryptocurrency, highlighting a growing regulatory approach in a booming yet uncertain crypto market.

• security

Olympian breakdancer Raygun’s brother accused of crypto-linked crime

The article provides insights into a specific topic, featuring detailed analysis and significant points, ultimately enhancing reader understanding and engagement.

• security

Lazarus Finishes Laundering Stolen Bybit Funds Using THORChain

The Lazarus Group laundered funds from the Bybit hack via THORChain, igniting community backlash over potential negligence and highlighting vulnerabilities in decentralized finance platforms.

• security

US Treasury sanctions 49 Bitcoin and Monero addresses connected to shuttered darknet site Nemesis

• security

Crypto wallet risks: The need for checking wallets for contaminated assets

This article discusses the risks of holding USDT due to AML checks, the importance of verifying asset cleanliness, and solutions for crypto verification to prevent fund blocking.

• security

Bybit sparks debates as it seeks nearly $100k in refund from ParaSwap DAO tied to hacker’s swap fees

Bybit seeks a refund of over $90,000 from ParaSwap DAO for fees paid by a hacker, raising ethical debates in the DeFi community on legal precedents.