Author: CryptooTimes
The website of decentralized finance lending platform Compound Finance appears to have been potentially hijacked, a blockchain sleuth warns. Compound Finance, a decentralized finance lending platform backed by Coinbase and a16z crypto, has allegedly fallen victim to a hacker attack after its website began redirecting users to a different domain. In a Jul. 11 post on Telegram, blockchain sleuth ZachXBT alerted users about a phishing domain redirecting visitors from the legitimate Compound Finance website to “compound-finance[dot]app”, which fully mimics the original version. Newly registered fake domain that mimics Compound Finance | Source: Telegram As of press time, Compound Finance made…
OpenAI is partnering with Los Alamos National Laboratory, which conducts research in fields including national security, space exploration, renewable energy and medicine.
Recent blockchain movements sparked “irrational” fears, offering a buying opportunity for investors, NYDIG’s Greg Cipolaro said.
Siacoin (SC) is among many altcoins experiencing a notable price increase on Wednesday, gaining 29% in the past 24 hours. On Wednesday, the price of Siacoin rose to $0.005248 from its low of $0.004103, extending gains seen since the altcoin touched $0.003531 on July 5. Wednesday’s upside sees SC rank as one of the top performers in the top 100 cryptocurrencies by market cap. SC has seen its market cap surge by 27% to over $303 million. Meanwhile, 24-hour trading volume has skyrocketed more than 2,700% to over $72.7 million. Other coins to register double-digit gains in 24 hours at…
Notorious wallet-draining group Inferno Drainer tried to pass $530,000 worth of stolen ETH through Railgun but discovered pretty soon after that it couldn’t.
“As BitMEX’s founders and long-time employee admitted in federal court in 2022, the company, one of the leading cryptocurrency derivatives platforms in the world from 2015 to 2020, operated in the United States without any meaningful anti-money laundering program, as required by federal law,” said U.S. Attorney Damian Williams in a DOJ press release. “As a result, BitMEX opened itself up as a vehicle for large-scale money laundering and sanctions evasion schemes, posing a serious threat to the integrity of the financial system. Today’s guilty plea indicates again the need for cryptocurrency companies to comply with U.S. law if they…
CFTC chairman Rostin Behnam has called for increased funding and regulatory authority to oversee cryptocurrency spot markets as lawmakers move closer to comprehensive legislation. Speaking before the Senate Agriculture Committee hearing on Digital Commodities oversight, Behnam stated that his agency is well-positioned to serve as the primary crypto watchdog. Citing an Illinois court verdict that classified Bitcoin (BTC) and Ethereum (ETH) as digital commodities, Behnam said the CFTC has the “expertise and capacity” to lead a regulatory regime. Behman told attendees that the commission requires additional tools and resources to achieve this. “We’ve heard again and again that the CFTC…
Overwatch 2 launched its Transformers crossover skins this week, and while those were obviously the headliner of the hero shooter’s July 9 update, they were accompanied by the game’s midseason balance patch. The buffs and nerfs were meant to address criticisms surrounding the lack of “tankiness” with the game’s tank role, bringing both overarching changes and individual buffs for each tank hero. However, much of the Overwatch 2 community thinks this latest update is a major overcorrection, with some calling it the worst balance patch the game has ever received.Overwatch 2’s New Story Missions: Worth The Money?Is Overwatch 2’s season…
Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors.
Popular YouTuber James “MrBeast” Donaldson explained what he would do if he was elected president of the United States. It basically amounted to him never picking a side and instead looking for a “middle ground” on all issues. This went over poorly online. Kotaku’s Hopes For Spyro The Dragon’s (Reported) ComebackHere’s the paragraph where I take a moment to explain who MrBeast is even though it’s very, very likely that you—a reader of Kotaku—already know who this dude is and don’t need a refresher. You can skip ahead. For everyone else, let me explain real fast. MrBeast is an extremely…
