Crypto News Center

Cardano Foundation X account under attack, hackers spread misinformation about SEC lawsuit

ADA dropped 4% as soon as the incident surfaced. Key Takeaways The Cardano Foundation tweeted that they had been served with a lawsuit by the SEC, which was soon identified as a false claim by hackers. Hackers also posted about a fake Cardano token on Solana. Cardano Foundation’s official X social media account has been under attack, with hackers posting false information about a purported SEC lawsuit against the organization...

WazirX to Reimburse Full $230 Million to Hack Victims

By Mark Hunter 1 day agoMon Aug 12 2024 07:28:30 Reading Time: 2 minutes WazirX has decided to restore user balances to pre-hack levels following a $230 million hack The exchange has faced criticism for its initial reimbursement plan, which involved a 45% portfolio rebalancing After customer complaints, WazirX has committed to restoring balances to their July 18 levels Hacked Indian cryptocurrency exchange WazirX will restore user balances to how...

Jump Trading Unstakes $29M In ETH from Lido Finance And Continues Redeeming WSTETH

Jump Trading has successfully unstaked 11,500 $ETH, valued at $29 million, from Lido Finance. Additionally, in the past hour, they redeemed 16,210 $WSTETH into 19,049 $STETH. The 11,500 $ETH has been transferred to the wallet “0xf58,” which Jump Trading frequently uses to deposit $ETH to centralized exchanges (CEX). Currently, Jump Trading still holds 21,394 $WSTETH (worth $63.6 million) and 16,292 $ETH (worth $41.3 million) across their wallets. Furthermore, 19,049 $STETH...