Web3 is going just great [English]
Atomic Wallet hacks total over $35 million
- 7 juin -
Multiple users of the Atomic Wallet software suffered wallet compromises totaling more than $35 million in a spate of hacks suggesting an issue with the wallet itself. Atomic Wallet is a self-custody wallet, a suggested safer alternative than storing crypto assets in accounts controlled by third party companies. In February 2022, a security firm was forced to publicly disclose issues with the (...)
Scammers capitalize on Binance lawsuit fears to pull off Discord phishing scam
- 6 juin -
Adding insult to injury in Binance's tough couple of days, someone has managed to hijack the Discord vanity URL used by BNB Chain, the blockchain project associated with Binance. The scammers created a fake Discord channel where they have posted a message: "In order to curb the reactionary market's response to patently false SEC accusations, we are hosting a $BNB airdrop on BSC to show our (...)
SEC files complaint against Coinbase
- 6 juin -
The SEC has clearly been busy. The agency followed up its complaint against Binance by smacking Coinbase with charges the very next day. This isn't terribly unexpected: in late March the SEC hit Coinbase with a Wells notice, which is a formal notice saying "we're about to file a complaint against you, convince us not to." Coinbase decided that instead of any real attempt at convincing them (...)
SEC files complaint against Binance
- 6 juin -
The SEC has filed a complaint against Binance, various related companies, and Binance CEO Changpeng "CZ" Zhao. They allege that the company has been acting with "blatant disregard" of US securities laws through their operation of unregistered trading platforms, have performed multiple offers of unregistered securities and investment schemes, and have defrauded investors through material (...)
unshETH compromised after private key leaked to GitHub
- 2 juin -
After a developer leaked private keys to GitHub, someone used them to drain $375,000 from the unshETH defi project. The project emergency paused withdrawals of unshETH ether to prevent further damage.The leaked key allowed the attacker to transfer ownership of project smart contracts to themselves, though they later returned ownership.unshETH posted a message to the hacker, demanding they (...)
Transactions stuck on Multichain blockchain bridge due to "force majeure"
- 31 mai -
The Multichain blockchain bridge, formerly known as Anyswap, encountered an apparent issue as users' funds were delayed for over 24 hours in getting to their destination. Some reported delays since as far back as May 21. The delay was blamed on a backend upgrade "taking longer than expected". Multichain later tweeted that "some of the cross-chain routes are unavailable due to force majeure, (...)
Trust Reserve employees arrested
- 31 mai -
A Chinese cryptocurrency publication has reported that the staff of Trust Reserve (formerly CNHC Group) were detained by police. A sign on the door of the company's office in Shanghai announced "judicial seizure".Trust Reserve issues the CNH offshore yuan-pegged stablecoin and the HKDC Hong Kong dollar-pegged stablecoin. The company had received funding from sources including the KuCoin (...)
Binance delists privacycoins in various European regions
- 31 mai -
Apparently bowing to regulatory pressures, Binance has delisted various privacycoins including Monero, ZCash, and MobileCoin for some regions. Privacycoins are tokens that aim to obscure more of the information involved in a transaction, in contrast to the very public nature of the wallet addresses and transfer amounts of most cryptocurrency transactions.Binance did not list the (...)
NFL labor union is out almost $42 million thanks to crypto collapse
- 31 mai -
A report from The Athletic indicates that the National Football League Players Association, a labor union for NFL players, has been unable to collect nearly $42 million it is owed in licensing and sponsorship revenue. The Athletic cited sources suggesting the issue was directly related to the collapse of the crypto industry, and to its partners renegotiating licensing deals due to the (...)
"Charity NFT project" by supposed cancer patient raises $117,000 with stolen art before being exposed as a fraud
- 31 mai -
A person claiming to be battling cancer created a "charity NFT project" ostensibly to help with her treatment. She convinced some crypto influencers to promote the project, including Andrew Wang, a popular Twitter account with nearly 200,000 followers. Wang tweeted, "I'll put my rep on the line to say this is for real amidst all the scams in our space". He claimed to have spoken with the NFT (...)