The cryptocurrency industry has recently witnessed yet another unfortunate incident involving a hacking attack. This time, the target was the official Twitter account of Gutter Cat Gang, a popular NFT collection built on the Ethereum network. The attack compromised the account of one of the project’s co-founders, and as a result, an estimated amount between $750,000 and $900,000 was lost….
Arbitrum Network-based Rodeo Finance lost 472 ether ($888,000) in a DeFi exploit today. Blockchain security firm PeckShield revealed that the Rodeo Finance hacker transferred the stolen funds from Arbitrum to Ethereum. Further analysis revealed that the attacker exchanged the stolen tokens for various other assets before converting them back to ether. Hackers once again used Oracle manipulation…
USD Coin (USDC) issuer Circle has frozen $63 million belonging to three wallet addresses associated with the hack of the cross-chain bridge platform Multichain. In a Friday tweet, security firm PeckShield revealed that Circle has frozen $27.65 million, $30.1 million, and $5.5 million in three wallet addresses that received a significant outflow of funds from Multichain after the security breach. The…
A culprit in the infamous 2020 Twitter hack who phished thousands of dollars in Bitcoin from Twitter users has been sentenced to five years in prison for his crime, as well as for a separate SIM swapping scheme. During the sentencing in the U.S. District Court for the Southern District of New York on Friday,…
Now-defunct cryptocurrency exchange FTX has sued a former aide of Hilary Clinton and the former aide’s investment firm, K5 Global, to retrieve $700 million in funds. On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam Bankman-Fried transferred to K5 entities in 2022. The lawsuit names K5 Global, Mount Olympus Capital, and…
Most investors are enjoying the recent bounce in equity prices, but for some shareholders the bounce has been more of a catapult. Shares of Celsius (NASDAQ: CELH), Nu (NYSE: NU), and Wayfair (NYSE: W) have soared more than 50% just in the second quarter. The three stocks have risen 51%, 62%, and 61%, respectively, since the end of March. The gains are substantial, but…
C3.ai (: AI) has been a volatile and divisive stock ever since its public debut in Dec. 2020. The enterprise artificial intelligence (AI) software company priced its IPO at $42, and its stock more than quadrupled to an all-time high of $177.47 that same month. Investors were initially drawn in by its rapid revenue growth…
The UN Conference on Trade and Development (UNCTAD) has sectioned Pakistan among the nations which would be the hardest-hit by the coronavirus, requesting a pile of measures for their help. UNCTAD has said in another report that the creating nations — which as per an UN body’s count number 170 — would require a $2.5…
One more covid case has been confirmed in Balochistan, taking the provincial tally to 133, according to a spokesperson for the Balochistan health directorate.The total number of cases detect across the country now stands 1,321.
Pakistani actor Saboor Ali showed off his hidden talent during his isolation during a coronavirus outbreak. Gul-o-Gulzar’s character has taken to Instagram to share his pictures with fans and show him his hidden talent. reconnect with the things you love to do … Although I was very scared to hold a brush after ten years,…
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