Cryptonews

Cryptonews


‘Wave of Crypto Muggings’ Hits London’s Financial District

Posted: 09 May 2022 03:25 AM PDT

 
In the UK, thieves are targeting crypto traders in "a wave of crypto muggings," with police warning that "thousands of pounds have been stolen" by criminals looking out for opportunities to access other people's wallets and transfer funds into their own accounts, per a new report.
The report was published by The Guardian, which obtained a number of "anonymized crime reports" from the City of London Police as part of a freedom of information request....
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Binance Stops Crypto Derivatives Trading in Spain at Regulator’s Request – Report

Posted: 09 May 2022 01:36 AM PDT

 
A media outlet has claimed that the crypto exchange Binance has been forced to halt all crypto derivatives trading in Spain at the behest of the national markets regulator....
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DeFi Lending Protocol Fortress Loses All Funds in Oracle Price Manipulation Attack

Posted: 09 May 2022 12:53 AM PDT

 
Fortress, decentralized finance (DeFi) lending protocol with an algorithmic money market and a synthetic stablecoin, has suffered an oracle price manipulation attack that resulted in the loss of all of its funds.
"Fortress has been hit with what we believe is an oracle manipulation attack draining all funds," the project said on Twitter. "We are investigating to determine the exact method of attack."...
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Bitcoin Below USD 34K, Ethereum Keeps Trending Lower, XMR, AXS, and NEAR Rally

Posted: 08 May 2022 09:16 PM PDT

 
Bitcoin price remained in a bearish zone below the USD 38,000 level and extended losses below the USD 35,500 support. It is currently (04:04 UTC) showing bearish signs near USD 33,637 after recovering from USD 33,400. BTC is down almost 3% in a day and 12% in a week....
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Just How Sustainable Are Play-to-Earn Gaming Pyramids?

Posted: 08 May 2022 04:00 AM PDT

 
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The play-to-earn (P2E) GameFi sector was one of crypto's biggest success stories in 2021, with Axie Infinity alone accounting for USD 3.5bn in NFT sales last year. This is in addition to the increasingly high market capitalizations of a growing number of play-to-earn tokens, with CoinMarketCap currently putting the sub-sector's total value at USD 12bn....
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