The infamous Mango Markets exploit of 2022 shocked the industry as approximately $114 million vanished from the decentralized exchange. At the center of this significant event stands Avraham Eisenberg, a hacker whose actions have reverberated throughout the crypto community. However, justice for the victims of this exploit has been postponed, raising questions about the delay…

The office of the US Attorney, led by Philip R. Sellinger, has initiated a significant civil forfeiture action aimed at recovering $54 million in cryptocurrency. This substantial sum has been directly associated with an illicit narcotics distribution network operating on the darknet, with its operations centered in New Jersey. Recovering Cryptocurrency Proceeds from Criminal Activities:…

In a groundbreaking experiment, Mario Havel, a protocol supporter and researcher of the Ethereum (ETH) Foundation, has pushed the boundaries of blockchain network participation by achieving the synchronization of an ETH node on an unexpected device – a PlayStation 4 (PS4) gaming console. Havel’s journey began with delving into the world of “PlayStation jailbreaking,” where…

OpenSea, the leading NFT marketplace, recently made a significant announcement that reverberated across the industry. In a nine-part Twitter thread, CEO Devin Finzer revealed the company’s decision to terminate the employment contracts of approximately half of its workforce. This move is part of OpenSea’s strategy to embark on a new product line and culture, paving…

The US Federal Reserve (Fed) has recently filed a lawsuit against Bitcoin Magazine, alleging unauthorized infringement of its image and trademarks through the publication’s parody merchandise. This dispute arises from the usage of the FedNow Service image and trademark in merchandise sold by Bitcoin Magazine, which intends to criticize the surveillance capabilities of the FedNow…

After a comprehensive five-week trial, a New York jury delivered its verdict, finding Sam Bankman-Fried, the former crypto magnate, guilty on all seven charges, which include fraud, embezzlement, and criminal conspiracy. The charges stem from allegations of misallocation and misappropriation of billions of dollars from FTX customer deposits, as well as orchestrating deceptive practices to…