A December 30 report says that $300 million of seized funds were moved without approval. Debtors claim that the $296 million transfer was by order of the Bahamas Securities Commission. These assets ...
Tag: Security
Bahamas Security Commission told SBF to surrender $300 million
FTX and its associated debtors said on Dec. 30 that nearly $300 million seized by the Bahamas’ main securities regulator was transferred without approval. The debtors asserted that the Bahamas Securit...
Former SEC Enforcement Attorney Suggests Bitcoin Is Unregistered Security
Alex Dovbnya Centralization of Bitcoin mining has been hot topic in cryptocurrency world for some time now In a recent tweet, John Reed Stark, former chief of the Securities and Exchange Commission...
Former DoJ prosecutor urging DeFi platforms to integrate robust security measures
Ari Redbord, a former prosecutor with the US Department of Justice (DoJ), now serving as Head of Legal and Government Affairs at TRM Labs, say hackers are getting more sophisticated. To protect themse...
Sam Bankman-Fried’s family spending $10k a week on armed security
Sam Bankman-Fried’s family is reportedly paying around $10,000 per week for armed security to protect their California home and themselves amid ongoing threats. The backlash against SBF, the former CE...
North Korean Hackers Are Posing As Venture Capitalists To Steal Crypto Assets: Security Firm
A unit of the North Korean state-sponsored hacker Lazarus Group is impersonating financial and investment firms to steal crypto assets. According to security firm Kaspersky, the group known as BlueNor...
SEC vs BTC? Former SEC attorney says BTC is a security
According to a recent tweet from John Reed Stark, the former director of the Securities and Exchange Commission’s Office of Internet Enforcement, bitcoin may be trading as an unregistered security. St...
Binance warns about 3Commas API leak, says users should disable keys
Binance CEO Changpeng Zhao said he’s “reasonably sure” there were “wide spread API key leaks” from trading-bot platform 3Commas after fresh speculation about an October i...
Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists – Coinotizia
The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in p...
Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists – Africa Bitcoin News
The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in p...
Charles Hoskinson Says He’ll Run $1,000,000 ADA Experiment With New Cardano Wallet To Test Security
Cardano (ADA) co-founder Charles Hoskinson says he’s willing to bet on an upcoming security feature for the new Lace wallet. Lace, built by Cardano developer Input Output Hong Kong (IOHK), is a lightw...
BTC.com parent BIT Mining hacked, $3 million in assets taken
BTC.com parent company BIT Mining Limited said it was hacked earlier this month, with about $700,000 in client assets and $2.3 million in company assets stolen. The publicly-traded firm said it ...
BitKeep crypto wallets hacked after thieves create ‘unofficial’ Android app
BitKeep user wallets have been hacked and funds stolen. The theft appears to have occurred on unofficial APK package downloads that were hijacked and installed with code implanted by hackers. So...
1inch launches Fusion upgrade to improve swap security and profitability
Leading decentralized finance (DeFi) aggregator 1inch Network announced a major upgrade — Fusion — around its 1inch Swap Engine. The Fusion upgrade aims to deliver cost-efficient, secure and profitabl...
Lastpass Data Breach Frightens Users, Some Say Hack ‘May Be Worse Than They Are Letting on’ – Security Bitcoin News
People involved in financial tech, software programming, cyber security, and cryptocurrencies have been talking about the Lastpass data breach that was disclosed two days ago. The password management ...
Binance BNB Security Fears Emerge Following FTT’s Declaration
New concerns have emerged about Binance’s BNB after the US Securities and Exchange Commission labeled FTT as a security in a recent filing before the US District Court Southern District of New York. ...
FTX indemnifies $12 million as security before filing for its Bankruptcy
17 seconds ago | 2 mins read News FTX paid its lawyers a whopping $12 million as a retainer to its Chapter 11 bankruptcy proceedings. District Judge Ronnie Abrams steps down from the FTX case. The FTX...
Bridge attacks will still pose major challenge for DeFi in 2023 — Security experts
Security has been a critical challenge for decentralized finance (DeFi) and its evolution. Between 2020 and 2022, hackers stole over $2.5 billion through vulnerabilities on cross-chain bridges, Token ...
SBF slapped with $250M bail bond; FTX co-conspirators take plea deal; SEC declares FTT a security -CryptoSlate Wrapped Daily
The biggest news in the cryptoverse for Dec. 22 is dominated by FTX news as SBF lands in the US and is granted bail pursuant to house arrest, Caroline Ellison takes plea deal to avoid jail, Tornado Ca...
XRP is a security according to the SEC?
The SEC recently slammed FTX and stated that its token FTT was a security. This comes as a major threat for Ripple, as its main issue regarding its lawsuit is just about that. Is XRP a security? Are c...
SEC Charges Against FTX, Alameda Execs Wang and Ellison Reveal Key Findings, US Regulator Says FTT Is a Security – Bitcoin News
On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO have pleaded guilty to financial fraud charges. The recent charges against Wang and...
Is FTX a Security And How Will BNB React?
The US SEC has called FTX Token (FTT) a security. Does it set a dangerous precedent for the Binance Coin (BNB)? The Securities and Exchange Commission (SEC), in a complaint against Alameda Research CE...
Is Polkadot (DOT) No Longer A Security? The Web3 Foundation Argues Its Case
Advertisement     The world of cryptocurrency and blockchain hinges on decentralization and utility. Although many projects would not meet those criteria, there are no...
SEC Believes FTX’s FTT Token Classifies as Security
The United States Securities and Exchange Commission (SEC) claimed that FTX Token (FTT), the native cryptocurrency of bankrupt crypto exchange FTX, is a security. The claim was made in a complaint fil...
CertiK Announces Security Partnership With KuCoin Community Chain
NEW YORK–(BUSINESS WIRE)–CertiK, the leading global Web3, blockchain and smart contract security firm headquartered in New York, today announced a new partnership with KuCoin Community Chain (KCC), a ...
U.S. SEC calls FTX’s native token FTT a security
The SEC has alleged in its complaint that FTX’s native token FTT is a “security.” SEC has filed cases against FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison. The United Sta...
U.S. SEC labels FTX’s FTT as a Security
2 hours ago | 2 mins read Editors News SEC stated SBF directed Ellison to Alameda to acquire billions of dollars from third-party lenders. FTT tokens plummeted around 35%, reaching a new low of $0.855...
SEC filing declares FTT a security in FTX case development
The U.S. Securities and Exchange Commission, in its filing against Caroline Ellison and Gary Wang, said that the FTX’s exchange token (FTT) is considered a security, given that it was sold as an inves...
FTX’s FTT token labeled a security in SEC complaint
The U.S. Securities and Exchange Commission labelled FTX’s exchange token, FTT, as a security — putting other exchange tokens in the spotlight. “If demand for trading on the FTX plat...
SEC Calls FTT Exchange Token a Security
“If demand for trading on the FTX platform increased, demand for the FTT token could increase, such that any price increase in FTT would benefit holders of FTT equally and in direct proportion t...
Germany Returns to Coal as Energy Security Trumps Climate Goals
(Bloomberg) — Germany is set to boost its reliance on coal as it battles an unprecedented energy crisis — even at the expense of its ambitious climate goals. Most Read from Bloomberg Europe’s la...
Ankr says ex-employee caused $5M exploit, vows to improve security
A $5 million hack of the Ankr protocol on Dec. 1 was caused by a former team member, according to a Dec. 20 announcement from the Ankr team. The ex-employee conducted a “supply chain attack” by puttin...