Day: 16 March 2023

Hacker Behind Euler Attack Seems Uninterested in Asylum Offer

Just hours after a $1 million bounty was offered to identify the culprit behind the $196 million attack on Euler Finance, the hacker has begun moving the funds into the cryptocurrency mixer Tornado Cash. #PeckShieldAlert @eulerfinance exploiter on the move ~1,000 $ETH into Tornado Cash through intermediary address 0xc66d...c9ahttps://t.co/LAkY66YpoF pic.twitter.com/0XhQV1nbgn ...

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Sam Bankman-Fried & FTX/Alameda Research Former Executives Accused of Illegally Taking $3.2 Billion of Company Funds

The administrators in charge of restructuring the bankrupt crypto exchange, FTX, have revealed that six former executives, including Sam Bankman-Fried (SBF), received payments and loans totalling $3.2 billion from FTX-affiliated companies. Sharing the FTX Debtors’ press release just issued: https://t.co/r7PlneGSXF — FTX (@FTX_Official) March 16, 2023 On March 15, 2023, ...

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U.S. FDIC Says Potential Buyers Must Agree to Discontinue Signature Bank’s Cryptocurrency Business

The Federal Deposit Insurance Company (FDIC) of the United States has stated that any investor who wishes to purchase Signature Bank must agree to discontinue all the bank’s cryptocurrency-related activities.  Signature Bank, headquartered in New York, and California-based Silicon Valley Bank (SVB) were known for their favourable stances towards cryptocurrencies ...

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