Brayden Lindrea

On-chain data shows the $4.5 million was first transferred from the Kraken crypto exchange before eventually arriving at an address purportedly owned by a scammer.

Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer, Angel Drainer, was involved in the estimated $238,000 exploit.

Patreon creators had difficulties getting paid in August, while OnlyFans once tried to ban porn on the platform, forcing creators to look at alternatives, including Web3.

The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, which is accelerating even faster than projected.

The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users not to interact with the Balancer protocol until further notice.

A poll of voters in New Hampshire, Nevada, Ohio and Pennsylvania found 55% would be less likely to vote for an anti-Web3 presidential candidate, said Coinbase.

By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said.

Ethereum’s Holesky testnet launch fails, CoinEx writes open letter to hackers, Sam Bankman-Fried’s court drama, and more.

While TradFi is the main source of demand for blockchain tech, digital identity and supply chain are exciting areas too, according to Google Cloud Head of Web3 James Tromans.

ANZ’s banking executive Nigel Dobson says the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar.

Crypto bad actors from the Democratic People’s Republic of Korea have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that’s no reason to feel at ease.

Californian Assembly Member Ash Kalra labeled the bill as a “common sense requirement” to help protect the work of actors, artists and entertainers.

As soon as a gamer cashes out an in-game asset, they realize monetary value, which is where the problem with the Securities and Exchange Commission comes in.

Brad Garlinghouse says Singapore, the United Kingdom, the UAE and Switzerland are jurisdictions with “smart” crypto policies that he thinks the United States should adopt.

United States prosecutors, meanwhile, want to ask prospective jurors their beliefs on how cryptocurrency should be regulated.

Lack of internet access wasn’t an insufficient ground to grant Sam Bankman-Fried’s temporary release, according to District Judge Lewis Kaplan.

A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche.

David Marcus says there’s still no universal protocol when it comes to transferring money, unlike information that can be shared via email.

Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated.

The “fake deposit” attack enables bad actors to execute a transfer where the requested value is larger than what the user actually owns.

Decentralized Infura will consist of Infura and a decentralized market of other third-party data providers.

The commodities regulator handed out fines of $250,000, $200,000, and $100,000, respectively, to the three firms in addition to cease and desist orders.

Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks.

Metagood CEO Danny Yang attributed the move to the Bitcoin network being seen as a more secure platform for its users, among other reasons.

Bloomberg ETF analyst James Seyffart expects more spot Ethereum ETFs to be filed in the coming days.

The CEO of Lightning Koffee launched the coffee startup in October with the aim of onboarding Medellín businesses onto Bitcoin.

CertiK’s security chief thinks inexperienced programmers using AI tools such as ChatGPT to write smart contracts is a recipe for disaster.

Pocket-sized Bitcoin miners are a stand against the “secrecy and exclusivity” of the Bitcoin mining industry, according to their inventors.

The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers.

The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network.