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SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors

SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive InvestorsThe U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

FBI Warns of Sophisticated North Korean Cyber Attacks Targeting Crypto, Defi, ETFs

FBI Warns of Sophisticated North Korean Cyber Attacks Targeting Crypto, Defi, ETFsThe FBI has issued a new warning about North Korea’s cyber campaigns targeting the cryptocurrency sector. The agency highlighted the use of sophisticated, hard-to-detect social engineering tactics to deploy malware and steal digital assets. North Korean hackers are reportedly focusing on decentralized finance (defi) platforms and cryptocurrency exchange-traded funds (ETFs). FBI Warns of North Korean […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic

Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to PanicIndian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that drastic actions could cause further delays. Wazirx’s Update on Top Priority Post […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year

Binance Security Team Recovers  Million in Stolen Crypto Funds This YearCrypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $73 Million in Stolen User Funds Crypto exchange Binance announced on Wednesday that its security team […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

US Ether ETFs See Negative Flows as Grayscale Offloads $356.26M

US Ether ETFs See Negative Flows as Grayscale Offloads 6.26MU.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $356.26 million on Friday. To date, ETHE has recorded more than $1.5 billion in cumulative outflows. Grayscale’s Ethereum Trust Sheds $1.5B in 4 Trading Sessions The spot ether ETFs have been impacted by Grayscale’s Ethereum […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Ethereum ETF launch date depends on issuers, not SEC: Gensler

“It’s really up to them how responsive they are,” said SEC Chair Gary Gensler.

The approval of United States spot Ether (ETH) exchange-traded funds (ETF) will depend on how quickly issuers can respond to comments from the Securities and Exchange Commission, says chairman Gary Gensler. 

Gensler’s comments appear to put the onus for approvals on issuers and indicate the SEC will not drag the process out as some feared.

On May 23, the SEC approved eight 19b-4 filings to list spot Ether ETFs on various U.S. exchanges, though they can’t start trading until they have the required S-1 registration statement approvals.

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Kronos Research hacker shifts funds to Tornado Cash

Kronos Research was exploited for $25 million in November 2023, with one of the six wallets linked to the hacker moving funds to Tornado Cash on May 7.

The hacker behind the $25 million exploit of quantitative trading firm Kronos Research in mid-November 2023 started moving funds nearly six months after the exploit.

The hacker wallet first transferred 1,314 Ether (ETH) worth $4 million to a new address, starting with 0x8F5e4 and later transferred all the ETH to another address starting with 0x164A24b.

The hacker made 10 transactions of 100 ETH from the final wallet and transferred it to Tornado Cash, a crypto-mixing tool.

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Crypto Fear & Greed Index Jumps Back into Greed Territory