Blockchain detective ZachXBT has exposed another set of hackers who used a social engineering scam to steal over $240 million in Bitcoin from a wealthy victim. The investigator said that both his efforts and the criminals’ own blunders have already led to “multiple arrests and millions frozen.” Scammed For 4000 …
monero
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In an incident that thrilled the digital finance world, three hackers; Greavys (Malone ), Wiz (Veer Chetal), and Box (Jeandiel ) successfully defrauded a single victim of $243 million, through the use of social engineering coupled with technical internet skills. The attack that occurred on August 19, 2024, was deeply …
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Three individuals executed a $243 million crypto theft from a single Genesis creditor in August, employing advanced social engineering tactics, according to blockchain investigator ZachXBT. The perpetrators, identified as Greavys (Malone Iam), Wiz (Veer Chetal), and Box (Jeandiel Serrano), orchestrated a multi-step attack that compromised the victim’s personal and exchange …
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Introduction Blockchain technology has fundamentally transformed finance and supply chain management by offering decentralized, transparent, and secure mechanisms that eliminate the need for intermediaries. Why should one build a blockchain application? Blockchain applications provide enhanced Data integrity and security and provide a trustless environment for sharing information. With blockchain, one …
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A Monero committee member has refuted recent allegations based on a leaked Chainalysis presentation to the IRS that implies the privacy-focused cryptocurrency can be traced. Monero (XMR) is the world’s most popular privacy coin and is specifically built to hide the addresses and transactions of those on its network. Privacy …
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In recent months, altcoin prices have plunged by 30% to 70%, causing many investors to question the about holding their assets. However, the outlook for altcoins might not be as negative as it appears. According to renowned crypto analyst Moustache, altcoins are forming a perfect Wyckoff accumulation pattern, signalling a …
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This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices CoinDesk 20 Index: 1,857.87 +0.73% Bitcoin (BTC): $59.022 +0.84% Ether (ETH): $2,506 −0.53% S&P 500: 5,648.40 +1% Gold: $2495.38 −0.07% …
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Tokens related to staking services, artificial intelligence (AI), and data services outperformed Bitcoin (BTC) and Ethereum (ETH) during the recent recover in the crypto market over the past seven days. Artemis data shows that BTC and ETH registered upsides of 4.9% and 3.4%, respectively, during the past week. Meanwhile, staking services …
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In a post on X on Aug. 23, crypto analyst Murad Mahmudov explained why he thought that “cult meme coins” would continue to outperform everything until the end of the market cycle. He added that every crypto cycle has a few core narratives that dominate with Ethereum, altcoins, and ICOs …
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BeInCrypto has picked out three crypto assets that could be seeing a breakout and rally this week. Fantom (FTM) First on the list is Fantom, which has been building up bullish momentum since mid-May. Trading at $0.38 at the time of writing, the altcoin is nearing the breakout point of …