Around 4,821 Ether, worth $8,891,578, had been returned to victims as of Friday morning. The original attacker for the $61 million Curve, Metronome, and Alchemix exploit began returning funds that were drained in the attack. The Alchemix Finance developer wallet received approximately 4,821 Ether ($8,891,578) in a series of three transactions from the attacker. Curve...Continue Reading

Lawyers for Coinbase cited precedent from the SEC v. Ripple case, in which a judge ruled that the XRP token largely did not qualify as a security by the commission’s standards. United States-based cryptocurrency exchange Coinbase has filed a motion to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) in June. In...Continue Reading

Bitcoin offers slight volatility after fresh U.S. macro data, but BTC price behavior remains firmly rangebound. Bitcoin (BTC) inched higher at the Aug. 4 Wall Street open as mixed United States unemployment data rocked U.S. dollar strength. BTC/USD 1-hour chart. Source: TradingView U.S. unemployment gives mixed picture Data from Cointelegraph Markets Pro and TradingView followed...Continue Reading

“Don’t shoot the messenger,” said the messenger before dying in a flurry of bullets fired from the barrels of angry crypto enthusiasts. A blockchain security firm tried to warn users of an imminent rug pull surrounding a crypto project, but investors became angry and fired back. The firm rescinded the security alert. Then, the project...Continue Reading

Girl Gone Crypto has amassed a huge following on Twitter thanks to her interesting and unique take on crypto news. Lea Thompson aka Girl Gone Crypto declares that she will not put her 225,000 Twitter followers to sleep with the same old boring breaking news tweets about crypto. She explains that using breaking to share...Continue Reading

Reliable auditing procedures are important for ensuring the integrity of blockchain networks. Blockchain auditing is the process of examining and verifying the data and transactions stored within a blockchain network. It focuses on assessing the integrity and accuracy of the information recorded on the blockchain to ensure it aligns with the intended rules, protocols and...Continue Reading

Although the proposed virtual asset regulatory framework in Oman covers FATF-defined assets, the issuance of privacy coins might get banned. The Sultanate of Oman is inching closer to launching its own virtual asset regulations, with its financial markets regulator seeking public comments on its proposed regulatory framework governing digital assets, such as cryptocurrencies. The Capital...Continue Reading

Kusama responded to Coinbase’s CEO, Brian Armstrong’s update with the statement, “If it isn’t a shadowcat, it’s a copycat.” Shytoshi Kusama, the lead developer of Shiba Inu, has given a response to Coinbase’s Onchain Summer campaign. He suggested that Coinbase’s campaign seemed to have similarities with the ideas originally presented by the Shiba Inu community....Continue Reading

Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said. Cryptocurrency-friendly trading neobank Revolut is wrapping up its crypto services in the United States amid the ongoing regulatory uncertainty. Soon after announcing a partial delisting of certain digital assets from its platform, Revolut took...Continue Reading

The Alphabet Workers Union filed a report to the U.S. National Labor Relations Board accusing Google of violating labor law that prohibits retaliation against organizing. Google and Accenture, who have a joint business venture, are being accused by the Alphabet Workers Union of being in violation of federal labor laws in the United States, according...Continue Reading