TerraUSD (UST) is a cryptocurrency that is supposed to track the value of the US dollar, but it has no cash backing. It uses a unique dual token system praised as an engineering marvel in the blockcha...
Tag: Uncovers
Vitalik Buterin Uncovers ‘Missing Link’ For Creating Transaction Privacy on Ethereum ⋆ ZyCrypto
Advertisement     Vitalik Buterin, the co-founder of Ethereum, recently released a guideline for bringing privacy to transactions on the Ethereum network. In a compreh...
Bybit CEO uncovers clues on exposure to Genesis, but community wants more answers – Cryptopolitan
Following the demise of FTX, Genesis Global took a similar route and filed for Chapter 11 bankruptcy protection in New York on January 19th. This sudden news caused an uproar among the crypto communit...
Nexo probe uncovers possible ties to organized crime
Crypto lender Nexo has been targeted in an investigation into alleged illegal activities, with four Bulgarians charged with money laundering and fraud. Four Bulgarians charged as Nexo is investigated...
EU Criminal Justice Agency Raids Properties, Uncovers €15m Crypto Scam
Eu’s criminal justice agency, EuroJust, has carried out raids across Europe to dismantle a crypto scam that caused €15 million in losses. EU Goes After Crypto Investments Scam EuroJust worked with aut...
Consultancy Uncovers Best Altcoins To Profit From FTX Collapse
Eight, a cryptocurrency consultancy founded by Michaël van de Poppe in 2018, has uncovered the best altcoins that can benefit from FTX’s demise. According to analysts, recent events are promoting a na...
Cosmos uncovers critical vulnerability- Here’s everything you need to know
Co-founder of the inter-blockchain communication (IBC) ecosystem Cosmos, Ethan Buchman, announced the existence of a “critical security vulnerability” on 13 October that affects all Cosmos chains whic...
CertiK Uncovers Suspicious $2.4M Payments Into Tornado Cash
Bitcoin News The money movement is linked to the October 2021 BXH Exchange breach. GitHub reinstated the Tornado Cash code in “read-only” mode. On Saturday, crypto security company CertiK said that it...
Leaked Audio Featuring Celsius Execs Uncovers Plans to Create an IOU Cryptocurrency – Bitcoin News
According to leaked audio obtained by CNBC, the crypto lender Celsius wants to create an IOU cryptocurrency in order to pay clients back. The audio was provided by a Celsius customer and the recording...
South Korea Uncovers $650M in Illicit Funds Moved via Crypto Exchanges
According to a local report, the South Korean Financial Supervisory Service (FSS) has uncovered illegal international fund transfers of an additional $650 million linked to crypto exchanges. In June,...
Binance Uncovers Two Suspects Tied to KyberSwap $265K Hack
Leading cryptocurrency exchange Binance has identified two suspects who may be responsible for the theft of $265,000 from decentralized exchange (DEX) protocol KyberSwap in an exploit earlier this wee...
SEC Uncovers $300 Million Crypto Ponzi Scheme
The U.S. Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto Ponzi scheme that may have taken as much as $300 million from investors. A Crypto Ponz...
New investigation uncovers why Solana may not be solely liable for the wallets hack
The cryptocurrency community is still coming to terms with the Solana (SOL) software wallets hack that has resulted in the loss of at least $4.5 million. The initial probe indicates that the hack is ...
US SEC Uncovers Money Laundering Scheme from Do Kwon
While most of the legal tussle that seems to be facing Kwon and the blockchain startup is still in their infancy, they are, however, proving to be multifaceted and that they are emanating from differe...
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm – Mining Bitcoin News
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials h...
On-chain sleuth uncovers hackers behind majority of NFT Discord hacks
TL;DR Breakdown An on-chain sleuth may have found the actors behind the majority of NFT Discord hacks. About 18 hacking incidents in the Ethereum ecosystem resulted in a total loss of $636 million. Th...
Blockchain Forensics Firm Uncovers 15 Million Crypto Addresses Tied To Sanctioned Russians
A crypto forensics firm announced the discovery of information on a digital wallet believed to be associated with Russian oligarchs and sanctioned officials. Tom Robinson, co-founder of Elliptic, disc...