Sam Bankman-Fried Apologizes Amid FTX Collapse

Sam Bankman-Fried Apologizes Amid FTX Collapse

Sam Bankman-Fried is having a hard week (along with FTX users and investors.) The CEO and co-founder of FTX, the rapidly collapsing cryptocurrency exchange, is facing expanded newly federal investigations, as a liquidity crisis tanks the value of the firm’s native token, FTT. His billions in personal wealth have all but evaporated over the course … Read more

How Much Crypto Has Been Stolen in the Last Three Months?

How Much Crypto Has Been Stolen in the Last Three Months?

Photo: Dan Kitwood (Getty Images) Cryptocurrencies havehaven’t been doing so hot lately. The last three or four months have seen price plummet, and the general outlook for crypto bros (and gals) has been grim. But crypto’s cruel summer and the instability that’s come with it haven’t changed the fact that fraud, theft, and financial mayhem … Read more

Hackers steal $611,500 worth of user’s funds by hijacking the Curve Finance homepage

Hackers steal 1,500 worth of user’s funds by hijacking the Curve Finance homepage

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Hackers continue to search for weaknesses in popular decentralized finance protocols, and Curve Finance is the latest platform to fend … Read more

Crypto Workers Behind Terra and Luna Are Facing a Flight Ban

Crypto Workers Behind Terra and Luna Are Facing a Flight Ban

The ongoing crypto crash has brought a lot of investors back down to earth. In the case of current and former Terraform Labs employees, it’s keeping them literally grounded. Dozens of past and present staff from the company behind two notorious crypto coins, terraUSD and Luna, have been barred from leaving South Korea, according to … Read more