Karma Hits Fast: zkLend Hacker Gets Scammed

A hacker who exploited zkLend to make off with $5.4 million in ETH has lost the stolen money in a phishing scam.

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Creators Admission: Sharing Base is for Pimping Art was a Mistake SEO Friendly

The founder of Base, Jesse Pollak, has issued an apology following the controversy surrounding a piece of digital art associated with the platform. Pollak expressed regret over the negative impact the artwork had on the community and acknowledged the need for better communication in the future. The creation in question sparked debate among users, with [...]

The post Creator’s Admission: Sharing “Base is for Pimping” Art was a Mistake – SEO Friendly appeared first on Crypto Breaking News.

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Democrats criticize DOJs decision to disband crypto crime unit as a grave mistake

In a recent development, Democratic senators have criticized the Department of Justice (DOJ) for its decision to shut down a specialized unit focused on investigating crypto-related crimes. The move has sparked concerns among lawmakers regarding the DOJ’s commitment to combating illicit activities in the cryptocurrency space. The Senate Democrats expressed their dismay over the closure [...]

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Luxor Reveals US Customs Mistakenly Identified Bitcoin Miners as Radio Frequency Devices

According to recent reports, customers in the US mistakenly believed that the bitcoin miners seized by law enforcement were actually radio frequency devices. The confusion arose due to the unfamiliar appearance of the mining equipment, which led to misconceptions about its intended use. This incident highlights the lack of awareness and understanding surrounding cryptocurrency mining [...]

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‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others [...]

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Base Protocol (BASE) price jumps 250% amid mistaken Coinbase link | Invezz

Base Protocol (BASE) outshone other cryptocurrencies on Thursday with a staggering 250% price gain as the protocol’s native token benefitted from the latest news from crypto exchange Coinbase. Unrelated Coinbase news triggers 250% rally for BASE The massive price jump for BASE happened right after Coinbase’s announcement, but the exchange’s launch of layer-2 blockchain Base ...

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<p>The post Base Protocol (BASE) price jumps 250% amid mistaken Coinbase link | Invezz first appeared on CCNC.</p>

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Bitcoin miners made a big mistake during COVID | Invezz

It has been a tough year for Bitcoin miners. 2022 brought the nasty cocktail of rising costs and falling revenue. The former was predominantly affected by spiking electricity costs, while the latter came out of the plummeting Bitcoin price, which has fallen from its peak of close to $69,000 to $17,000. Are you looking for ...

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<p>The post Bitcoin miners made a big mistake during COVID | Invezz first appeared on CCNC.</p>

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Avoid the million-dollar mistake: How bad advice can ruin your UAE crypto company

The costly error that cost a million dollars In the fast-paced world of cryptocurrencies, making mistakes can be incredibly costly. A recent incident serves as a stark reminder of just how easy it is to fall victim to human error in the digital age. A crypto investor recently made a million-dollar mistake by sending funds [...]

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Storing money in banks is a mistake, Michael Saylor says

Michael Saylor, the co-founder and executive chairman of MicroStrategy, has shared his thoughts on the banking sector turmoil. In an interview with Valuetainment, Saylor said it’s a mistake to store money in banks today, noting that the banks “are stealing” from their clients. Saylor, whose MicroStrategy is the largest holder of Bitcoin among publicly traded …

<p>The post Storing money in banks is a mistake, Michael Saylor says first appeared on CCNC | Cryptocurrency Newscast.</p>

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Mark Cuban Says SEC Makes Mistakes in Crypto Regulation, Calls Regulator ‘Arrogant’

Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has slammed the U.S. Securities and Exchange Commission (SEC) for taking a wrong approach to regulating the crypto industry. “The SEC is not infallible. It makes mistakes,” the billionaire stressed, adding that if the SEC had taken a similar approach to

The post Mark Cuban Says SEC Makes Mistakes in Crypto Regulation, Calls Regulator ‘Arrogant’ appeared first on BTC Ethereum Crypto Currency Blog.

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