Celsius Files Disclosure Statement for Chapter 11 Reorganization Plan
The debtor has submitted a disclosure document for a joint Chapter 11 reorganization plan.
Category News
Vitalik Buterin advocates for Layer-2 strategies adoption by Bitcoin
Key takeaways: In the ever-evolving landscape of cryptocurrencies, industry leaders continually seek innovative solutions to address scalability, speed, and cost challenges. One such visionary is Vitalik Buterin, co-founder of Ethereum and a prominent figure in the blockchain space. Buterin recently…
DeFi protocol Arcadia Finance drained for $455K
key takeaways: In a significant blow to the decentralized finance (DeFi) sector, Arcadia Finance, a prominent protocol, has recently fallen victim to a devastating hack, resulting in a loss of $455,000. The breach targeted both Ethereum and Optimism, raising concerns…
Terra Co-Founder Faces Trial in Seoul Court Case on Fraud Charges
Daniel Shin, a co-founder of Terra, has been indicted on several counts and is currently undergoing preliminary trials in South Korea.
Multichain Exploit Prompts “Free FTM Coin Offering” Scam Wave On Twitter
The link included in the tweet leads to a phishing website designed to trick individuals into revealing their sensitive information.
Ripple’s XRP Q2 Performance Witness Ups And Downs Amid SEC Lawsuit
XRP's circulating market cap experienced a quarter-on-quarter decline of 10.7%, dropping from $27.8 billion to $24.8 billion
Circle and Tether Freeze $65 Mln Amid Multichain Hack
. The exploit resulted in the loss of over $126 million worth of various tokens, prompting Circle and Tether to freeze more than $65 million in associated assets.
BIS Unveils Robust Framework to Safeguard CBDCs Against Cyberattacks
BIS has created a framework to protect CBDCs in the DeFi sector from cyberattacks.
GutterCatGang NFTs Worth $765K Stolen in Sim-Swap Attack
A purported assault on the GutterCatGang NFT project resulted in the theft of NFTs valued at over $765,000.
Crypto.com Faces Legal Battle Over Accidentally Sent $50,000 Deposit
Key Takeaways In a court filing on July 6, leading cryptocurrency exchange Crypto.com found itself embroiled in a legal dispute after mistakenly depositing $50,000 into a user called James Deutero McJunkins’ account in June 2022. Despite the user not acquiring…
