Nigerian law enforcement recently arrested a politician who is accused of laundering digital funds that were stolen from Patricia Technologies in May. CEO Hanu Fejiro praised the politician’s arrest and said the recovered funds will “go a long way to soothe Patricia users.” The Politician’s Involvement in a Complex Crime The Nigerian police have arrested […]
Kyber Network said on Nov. 22 that Kyberswap Elastic “experienced a security incident” in which crypto assets worth more than $ 45 million were stolen. Kyber Network said it was investigating the incident and urged all “users to promptly withdraw their funds.” Kyber Forks Affected by the Incident Kyber Network, the decentralized exchange (DEX) …
Close to a year has passed, and the hacker responsible for the staggering $ 477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate journey of the stolen funds, shedding light on the culprit’s attempts to launder and mask their …
After a cyberattack resulted in a staggering $ 200 million loss from the decentralized exchange (dex) platform Mixin, the company revealed that its cloud service provider had been compromised. In a bid to recover the stolen funds, Mixin is now extending a $ 20 million reward to the hacker upon the return of …
Crypto influencer Ben ‘Bitboy’ Armstrong has been reportedly arrested while livestreaming his attempt to confront a former business partner. Excerpts from the Youtube video released on social media show him explaining to police the reasons for his deed, including the alleged theft of his Lamborghini. Bitboy Crypto Gets Detained in Front of Former Business Partner’s […]