Users of the defunct FTX cryptocurrency exchange have launched a class action lawsuit against the business and its founder Sam Bankman-Fried (SBF). They seek the return of their crypto that was on the...
Tag: funds
Bitcoin Mining Pool BTC.com Faces Cyberattack and $3 Million Loss of Funds
BIT Mining has reported this incident to authorities in Shenzhen, China, who are investigating the incident and collecting more evidence. BTC.com, one of the largest crypto mining pools, suffered a ma...
Why This Defrost Finance Hacker Changed His Mind And Returned Stolen Funds
Defrost Finance, a DeFi protocol built on the Avalanche blockchain that offers leveraged trading, recently released a blog post that contained some “good news” for users that were affected by the Chri...
Sam Bankman-Fried bought Robinhood shares using Alameda funds
New evidence against FTX’s former CEO Sam Bankman-Fried has shown that he bought Robinhood shares using funds borrowed from Alameda Research, a company he also founded. Information in court documents...
Don’t Let Them Fool You—Here’s Why Bond Funds Are Not Bonds
getty You may have noticed a series of articles appearing throughout the year lamenting the demise of the classic 60/40 asset allocation strategy. This investment philosophy calls for portfolios to be...
Chicago’s Shaky Pension Funds Face New Hit From Looming Downturn
(Bloomberg) — As 2022 unfolded, Chicago’s long-troubled pension funds faced a new shortfall: A delay in property tax receipts left the system without enough money to pay the city’s retirees. Mos...
Defrost Finance Recovers Stolen Funds, Will Repay Customers
Decentralized finance protocol Defrost Finance has recovered funds from the hacker involved in the V1 flash loan exploit. In the latest blog post, Defrost said that it will soon start scanning the on-...
Defrost hacker returns stolen funds: Is there an exit scam to watch out for
The hacker responsible for the $12 million hack on Defrost Finance returned the exploited funds The DEX will soon launch a smart contract to refund all the affected users In an interesting turn of eve...
Defrost Finance receive stolen funds, “will refund investors”
The decentralized leverage trading platform on Avalanche (AVAX), Defrost Finance, suffered a flash loan attack on December 23. They took roughly $12 million first, but the platform claims to have rece...
BitKeep announces freezing of hacker funds transferred to multiple addresses
Earlier today, through its official Telegram handle, recently exploited crypto wallet network BitKeep announced some of the stolen funds transferred to other addresses by hackers had been frozen. Two ...
This Giant Oil ETF Is Seeing Phenomenal Returns. Why It’s Far Outpacing the Price of Oil.
Shares of the United States Oil Fund surged last week, capping a phenomenal run in recent weeks that far outpaced meager gains in the price of oil. USO (ticker: USO), which holds over $2 billion in as...
Defrost Finance Hacked, Claims Funds Have Been Recovered
Decentralized leverage trading protocol Defrost Finance, which recently disclosed that its protocol has been exploited for roughly $12 million through its V1 and V2 products, has issued an update stat...
Defrost attacker returns stolen funds amid ‘rug pull’ accusations
Recently exploited decentralized leverage trading platform Defrost Finance reveals that $12 million in stolen funds were returned by a hacker, raising suspicions of a rug pull. Defrost Finance hack De...
Defrost finance says it has recovered lost funds worth $12 million from hacker
Decentralized leverage trading platform on Avalanche, Defrost finance reported that all the funds lost due to an exploit on its platform on Dec. 23 were returned on Dec. 26 after claims of a possible ...
National Storage Sees Big Insider Stock Buys
Shares of self-storage firm National Storage Affiliates Trust have tumbled in 2022, and are now trading near a two-year low. Two insiders, including a company founder, purchased large amounts of stock...
Defrost Finance Says Hacked Funds Have Been Returned
Blockchain security firm Peckshield, citing “community intel,” said at the time that the exploit may have been a rug pull that made off with $12 million. Earlier today Certik, also a security company,...
Defrost V1 hacker reportedly returns funds as ‘Exit Scam’ allegations surface
On Dec. 26, blockchain security firm CertiK issued a warning alleging that Defrost Finance, a decentralized leveraged trading platform on the Avalanche Blockchain, is an “Exit Scam.” The m...
If You Own Bonds, Consider Tax-Loss Harvesting This Year
In a year where nothing seemed to work on Wall Street, investors still have a rare opportunity to make the best of a bad situation by tax-loss harvesting their bond portfolio. Bond holders don’t do m...
Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto – Regulation Bitcoin News
The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds t...
Rubic DEX aggregator hack leads to $1.4m of user funds stolen
Cross-chain decentralized finance (DeFi) protocol Rubic was compromised, resulting in funds stored in its user’s addresses being siphoned out and transferred to the hackers. On Dec. 25, Rubic protocol...
Equity funds suffer largest ever weekly outflows: BofA Global
Investors withdrew billions of dollars from equity funds at a record pace in the days after the Federal Reserve, the Bank of England and European Central bank raised interest rates in mid-December and...
Crypto Twitter Speculates Binance Looking at Raising Funds from Berkshire Hathaway
The likelihood that Berkshire Hathaway is going to invest in Binance is considered very slim as Binance is reportedly under the radar of authorities in the United States. A major point of conversation...
Brazil Allows Investment Funds to Invest in Crypto
The Brazilian Securities and Exchange Commission (CVM) on Friday approved investment funds to hold crypto assets. On December 23, the Brazilian CVM approved the ability for investment funds to hold cr...
Brazil allows investment funds to invest in cryptocurrency, details inside
The Brazilian Securities and Exchange Commission (CVM) approved the ability for investment funds to hold crypto assets. Crypto assets can be included in a fund if they are traded in entities authorize...
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