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Court Trial Date For Mango Markets Exploiter Now Set In April 2024 – Details

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, …
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US Attorney’s Office Launches Civil Forfeiture Action to Seize $54 Million in Crypto Linked to Darknet Narcotics Network

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 …
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Repurposing the PlayStation 4: A New Frontier for Ethereum Node Hosting

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 …
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OpenSea Announces Restructuring and Launch of OpenSea 2.0 Amidst NFT Market Challenges

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 …
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US Federal Reserve Initiates Legal Action Against Bitcoin Magazine’s Parody Merchandise

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 …
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Former Crypto Magnate, Sam Bankman-Fried, Found Guilty on All Charges, Faces 110 Years In Prison

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 …

