$PEPE price is in freefall after 60% of the team account’s funds were sold. One co-founder blames team members for pulling the rug on the project, but the community is finding it hard to believe his story.
$1.5 billion of assets still locked in the Multichain protocol have reportedly been confiscated by Chinese police as part of a money-laundering investigation. However, one source suggests that this is just the latest face of police embezzlement in the country.
Vitalik Buterin’s account on the X social media platform was recently hacked, and $691K stolen from unsuspecting followers. In June Bitboy Crypto’s account was similarly compromised, leading to followers losing $760K of funds. Is there something about the nature of crypto that attracts such scams?
Vitalik Buterin’s account on the X social media platform was recently hacked, and $691K stolen from unsuspecting followers. In June Bitboy Crypto’s account was similarly compromised, leading to followers losing $760K of funds. Is there something about the nature of crypto that attracts such scams?
$PEPE price is in freefall after 60% of the team account’s funds were sold. One co-founder blames team members for pulling the rug on the project, but the community is finding it hard to believe his story.
$1.5 billion of assets still locked in the Multichain protocol have reportedly been confiscated by Chinese police as part of a money-laundering investigation. However, one source suggests that this is just the latest face of police embezzlement in the country.
Crypto custodian holding hundreds of millions of clients' digital assets goes bankrupt as a result of crypto key mismanagement. As often happens in the crypto world, the story may continue to develop.
As Tether again stopped a scam in its tracks by blacklisting a hacker’s account, users are reminded about the powers they hand to centralized money issuers.
Multichain saw significant outflows yesterday causing fears of an exploit, as the team urged users to revoke all contracts until further notice. Meanwhile, CEO Zhaojun hasn’t been seen since the end of May, with rumors at the time suggesting he may have been arrested in China.
