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Blockchain
Reddit crypto communities go dark — Here’s why
Numerous sub-communities on Reddit, including popular crypto subreddits, unanimously decided to go private for 48 hours to protest against new company policies that prevent the use of third-party applications.In April, Reddit announced…
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Hong Kong legislator invites Coinbase to the region despite SEC scrutiny
Touting its progressive stance on cryptocurrencies, a Hong Kong legislator has invited Coinbase and other crypto exchanges to establish operations in the region.Legislative Council member Johnny Ng took to Twitter to express support and…
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Scammers steal nearly $1M after hijacking 8+ prominent Crypto Twitter accounts
Over the past few weeks, scammers have hijacked over eight Twitter accounts of prominent figures in the crypto space to promote phishing scams. The group has stolen almost $1 million worth of crypto so far, according to blockchain sleuth…
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EU starts countdown to crypto legislation, adds MiCA to official journal
On June 9, the European Union’s Markets in Crypto-Assets (MiCA) legislation was published in the Official Journal of the European Union (OJEU). This triggers the countdown for the law to come into effect from Dec. 30, 2024.The…
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Polygon Labs president testifies on democratizing the internet with Web3, blockchains
The United States House of Representatives Energy and Commerce Committee’s Subcommittee on Innovation, Data and Commerce gathered to discuss blockchain technology and the future of Web3 on June 7. Crypto industry members, including…
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Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The Optimism network concluded its “Bedrock” upgrade on June 7, reducing deposit times, lowering layer-1 fees and enacting additional security features, according to an announcement from network developer OP Labs. The upgrade is part of…
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Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: Elliptic
Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cyber-hacking group.On June 5, blockchain compliance analytics firm Elliptic reported…
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Atomic Wallet says hack affected 1% of active users, but investors claim otherwise
A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to the company. In the aftermath of the attack, Atomic Wallet — along with individual blockchain…
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Pro-XRP attorney’s phone hacked to promote LAW token
Pro-XRP lawyer, John Deaton, suffered a phone hack on June 4 amid a relentless cyberattack over several days.CryptoLaw, an account created by the attorney representing over 76,000 XRP (XRP) tokenholders in the Ripple vs. United States …
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Fraudsters impersonate executives and create fake website
Hayden Adams, the creator of the Uniswap protocol and CEO of Uniswap Labs, recently expressed his surprise on Twitter regarding a scam where individuals created a fake Uniswap website.In a tweet, Adams indicated his astonishment at the…
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