CoinChapter.com reported that the Safe Wallet scam has resulted in the theft of over $2 million from users, bringing the total number of victims to 21. The scam involves a method called “address poisoning,” where attackers deceive users into sending funds to fraudulent addresses. The attacker generates a contaminated address that resembles the victim’s own […]
CoinChapter.com reported that the Safe Wallet scam has resulted in the theft of over $2 million from users, bringing the total number of victims to 21. The scam involves a method called “address poisoning,” where attackers deceive users into sending funds to fraudulent addresses. The attacker generates a contaminated address that resembles the victim’s own […]
FTX, a cryptocurrency exchange, is challenging the Internal Revenue Service’s (IRS) estimated tax claims of $24 billion, arguing that they are exaggerated and unsupported by evidence. The IRS claims are seen as a potential obstacle to the approval of FTX’s Chapter 11 plan. FTX asserts that the claims are disproportionate to its earnings and potential […]
FTX, a cryptocurrency exchange, is challenging the Internal Revenue Service’s (IRS) estimated tax claims of $24 billion, arguing that they are exaggerated and unsupported by evidence. The IRS claims are seen as a potential obstacle to the approval of FTX’s Chapter 11 plan. FTX asserts that the claims are disproportionate to its earnings and potential […]
A crypto hacker has been targeting Safe Wallet users with “address poisoning attacks,” resulting in over $2 million being stolen from around 21 victims in the past week. The attacker creates a similar-looking address to the victim’s regular transaction destination and sends a small amount of crypto to “poison” their transaction history. This tricks the […]
A crypto hacker has been targeting Safe Wallet users with “address poisoning attacks,” resulting in over $2 million being stolen from around 21 victims in the past week. The attacker creates a similar-looking address to the victim’s regular transaction destination and sends a small amount of crypto to “poison” their transaction history. This tricks the […]
Terraform Labs and its co-founder, Do Kwon, are facing a significant legal battle in Singapore. The High Court has rejected their attempt to dismiss a class-action lawsuit, which accuses them of fraudulent misrepresentation in promoting the terraUSD (UST) stablecoin. The lawsuit was initiated by 375 claimants who allege losses of $57 million. Terraform Labs’ lawyers […]
Terraform Labs and its co-founder, Do Kwon, are facing a significant legal battle in Singapore. The High Court has rejected their attempt to dismiss a class-action lawsuit, which accuses them of fraudulent misrepresentation in promoting the terraUSD (UST) stablecoin. The lawsuit was initiated by 375 claimants who allege losses of $57 million. Terraform Labs’ lawyers […]
Do Kwon, the co-founder and CEO of Terraform Labs, has experienced a turbulent financial journey. During the peak of Terra Luna’s success, Kwon’s net worth was estimated to be in the billions, thanks to the high valuation of the LUNA token and the Terra ecosystem. However, this prosperity was short-lived. The collapse of Terra Luna […]
Do Kwon, the co-founder and CEO of Terraform Labs, has experienced a turbulent financial journey. During the peak of Terra Luna’s success, Kwon’s net worth was estimated to be in the billions, thanks to the high valuation of the LUNA token and the Terra ecosystem. However, this prosperity was short-lived. The collapse of Terra Luna […]
