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Day: December 9, 2024

Florida Bets Big
Fiat

Florida Bets Big: $1.85B Pension Fund Moves Into Bitcoin

ByGlitch December 9, 2024December 9, 2024

Florida state officials announced a bold move to align with President-elect Donald Trump’s vision for a strategic Bitcoin reserve, revealing plans to invest $1.85 billion of the state’s pension fund…

Read More Florida Bets Big: $1.85B Pension Fund Moves Into BitcoinContinue

Fake NFT Marketplaces
Web3

Brooklyn DA Shuts Down 40 Fake NFT Marketplaces

ByGlitch December 9, 2024December 9, 2024

An NFT scam investigation led Brooklyn’s District Attorney’s Office to uncover and shut down a network of 40 fake NFT marketplace websites, following a heartbreaking case in which an 85-year-old…

Read More Brooklyn DA Shuts Down 40 Fake NFT MarketplacesContinue

Ripple CEO Slams SEC
Featured Article | Web3

Ripple CEO Slams SEC, Reveals $150M Legal Bill

Bybennysteele December 9, 2024December 9, 2024

Ripple CEO Brad Garlinghouse made waves during a 60 Minutes interview on December 8, 2024, where he discussed Ripple’s prolonged legal battle with the U.S. Securities and Exchange Commission (SEC)…

Read More Ripple CEO Slams SEC, Reveals $150M Legal BillContinue

Cardano X Account Hacked
Web3

Cardano X Account Hacked, $500K Scam Unleashed

Bybennysteele December 9, 2024December 9, 2024

The Cardano Foundation’s X account was hacked on Sunday, leading to two false announcements: the launch of a Solana-based token and a fabricated SEC lawsuit against the organization. The breach…

Read More Cardano X Account Hacked, $500K Scam UnleashedContinue

Coinbase Responds
Web3

Coinbase Responds to Account Restrictions Amid Fraud Spike

ByAnshul December 9, 2024December 9, 2024

Over the weekend, Coinbase customers took to X (formerly Twitter) to report unexpected account restrictions and delayed support responses. The exchange’s official support handle, @CoinbaseSupport, acknowledged the complaints, attributing the…

Read More Coinbase Responds to Account Restrictions Amid Fraud SpikeContinue

DeFi Hacks
Uncategorized

DeFi Hacks Are Now a ‘Full-Time Job’ for Attackers

ByAnshul December 9, 2024December 9, 2024

Hacking decentralized finance (DeFi) protocols has become a “full-time job” for professional attackers, according to Mitchell Amador, founder of blockchain security firm ImmuneFi. Speaking to Decrypt at Web Summit 2024,…

Read More DeFi Hacks Are Now a ‘Full-Time Job’ for AttackersContinue

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