A South Korean court issued an arrest warrant for President Yoon Suk Yeol, who was impeached and suspended from office following his attempt to impose martial law in early December. The Seoul Western District Court approved the warrant on Dec. 31, marking the first time a sitting South Korean president has faced an arrest warrant […]
Security News
Proposal mandating the Swiss National Bank to hold Bitcoin now underway
Ethereum co-founder Vitalik Buterin called for Elon Musk to “turn down the temperature” amid a heated debate on his platform over foreign tech workers, which has stirred up new controversy over free speech. In a Dec. 31 post to X, Buterin said that while he admired Musk’s willingness to fight for freedom of speech, he asked for […]
Tangem fixes bug exposing user seed phrases via email
Cryptocurrency wallet provider Tangem fixed a critical security vulnerability on its mobile app that collected certain users’ private keys via emails. The fix came after Redditors repeatedly called out Tangem for putting investors’ funds at risk by exposing their private keys on email accounts and to Tangem employees. On Dec. 29, a Reddit discussion on Tangem’s operations […]
Blockchain Bandit moves $172M ETH after 2 years of dormancy: ZachXBT
Blockchain Bandit, a notorious hacker who stole 51,000 Ether mostly by successfully guessing weak private keys, has consolidated the funds into a single wallet after nearly two years of dormancy. The entire 51,000 Ether ETH$3,338.88 was transferred from 10 wallet addresses to multi-signature address “0xC45…1D542,” blockchain investigator ZachXBT said in a Dec. 30 Telegram post. The funds were transferred in mostly […]
MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024
Business intelligence firm and Bitcoin (BTC) investor MicroStrategy has acquired 2,138 BTC for $209 million, boosting its total holdings of the cryptocurrency. On Dec. 30, MicroStrategy announced that it added 2,138 BTC to its holdings between Dec. 23 and 29. The company said it used $209 million in cash to purchase the coins at an average price […]
Vietnamese police foil $1M crypto scam, protect 300 potential victims
The Hanoi City Police Department in Vietnam prevented 300 potential victims from investing in an elaborate crypto scam that had already defrauded 30 billion Vietnamese dong ($1.17 million) from about 100 businesses and 400 individuals. Hanoi police apprehended individuals connected to Million Smiles, a company that orchestrated an illegal and fraudulent crypto investment scheme targeting […]
Crypto hackers take new spin on fake job scam, dropping ‘nasty’ malware
Crypto hackers have reportedly found a slick new way of tricking their victims into downloading “nasty” malware — which can grant hackers access to a victim’s computer and drain their wallets, or do other significant damage. According to blockchain sleuth Taylor Monahan, known as Tay on X — the hackers would first pose as a recruiter […]
Solana co-founder sued by ex-wife over millions worth of staked SOL
Solana co-founder Stephen Akridge has been sued by his ex-wife, who has accused him of secretly profiting from her stash of the blockchain’s token through staking rewards. Akridge was hit with a lawsuit filed in San Francisco’s Superior Court on Dec. 24 by Elisa Rossi, who alleged her ex-husband earned “millions of dollars in staking rewards” from […]
Bitcoin dips below $94K level, bears now in control?
The price of Bitcoin BTC$93,660 dipped below the $94,000 price level on Dec. 29 — down from the all-time high of approximately $108,000 recorded on Dec. 17, 2024. According to data from CoinMarketCap, Bitcoin is down roughly 1.29% in the last 24 hours and 2.67% in the past seven days. Bitcoin is trading well below its 20-day […]
David Sacks has 2 years to push through meaningful policies — lawyer
Recently appointed “AI and crypto czar” David Sacks only has 2 years to push through pro-crypto policies before the 2026 midterm elections in the United States, Joe Doll, the general counsel for NFT marketplace Magic Eden, told Cointelegraph in an interview. According to Doll, the threat of a gridlocked government could stifle regulations, and the […]