Author: CryptooTimes
The ex-employee alleged of exploiting pump.fun for $1.9 million claims he was arrested and charged in Britain and is now on bail. Source link
The bears’ inability to penetrate that bull-market trendline since Monday suggests they might have to back up a bit and allow a price bounce before making another attempt at extending recent declines. The native token of the Ethereum blockchain has dropped more than 15% to $3,000 from highs near $4,100 two months ago, according to CoinDesk data. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, lost 17% in the same period. Source link
Ex-employee behind the $2 million pump.fun exploit demands $100,000 payouts to each contributor, excluding founders, while threatening to burn the stolen funds. An attacker behind pump.fun, a Solana-based launchpad for memecoins which lost nearly $2 million after a former employee gained admin privileges, is threatening to burn the stolen funds if the project’s management team fails to distribute $100,000 to contributors. https://twitter.com/STACCoverflow/status/1791322518592074092 In an X post on May 17, the exploiter known as “Stacc” stated their willingness to burn the stolen tokens if the pump.fun team doesn’t release $100,000 “to each and every non-founder that has contributed to pump at…
The scammers convinced victims to transfer millions of dollars into U.S. bank accounts, which were then used to launder the illicit funds. Source link
“Bitcoin was pulling back towards $65K on Thursday but is already trying to regain its footing above $66K on Friday morning. If cryptocurrencies get support from the global risk appetite on Friday, Bitcoin could exceed $70K over the weekend,” shared Alex Kuptsikevich, FxPro senior market analyst, in a note to CoinDesk, referring to increased inflows from spot ETFs. Source link
Notcoin (NOT), a play-to-earn clicker gaming application on Telegram, has seen its price plummet by 55% after securing listings on major crypto exchanges. At the time of writing, NOT was trading at $0.006414, with a 24-hour trading volume of $1.35 billion. The token’s market cap has fallen to $661 million, according to CoinMarketCap. NOT 24-hour price chart | Source: CoinMrketCap Notcoin is a web3 gaming project that started on Jan. 1 within The Open Network (TON) ecosystem. It operates as a mini-application within Telegram, allowing users to earn coins with a simple tap on their phone screens. Earnings can be…
Following the recent resignations, OpenAI has opted to dissolve its “Superalignment” team and integrate its functions into other research projects within the organization. Source link
Bitcoin (BTC) rose to past $66,000 early Friday, reversing Thursday’s pullback below $65,000. At the time of writing, it was priced around $66,440, 0.4% higher than 24 hours ago, while the CoinDesk 20 Index (CD20), which offers a measurement of the wider digital asset market, was up about 1.4%. Inflows into spot bitcoin ETFs turned positive again this week, recording additions for four consecutive days. This week has also seen numerous big-name institutional players disclose sizable BTC ETF holdings. Morgan Stanley, for example, revealed a $269.9 million investment in Grayscale’s GBTC yesterday. Source link
Binance has collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to crack down on a $6.2 million money laundering scheme. According to the official release, the massive operation valued at nearly NT$200 million was aiding scammers in laundering illicit funds using cryptocurrencies. The perpetrators used fabricated remittance proofs, identification data, and customer conversation records to bypass authorities. Lo Wei-yuan, prosecutor at the Taipei District Prosecutors Office, has indicted nine individuals and charged them with violations of the Money Laundering Control Act, aggravated fraud, and organized crime prevention regulations. Law enforcement authorities were able to…
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework. Source link
