Exploiters who hacked Heco Bridge laundered the stolen assets through the controversial cryptocurrency mixer Tornado Cash. Hackers behind the Heco exploit collectively laundered more than 40,000 Ethereum (ETH) worth $145.7 million, according to PeckShieldAlert. “As of today (22 Mar. 2024, UTC), HECOBridge exploiters – labeled addresses – have transferred ~$40,391.8 ETH (equivalent to ~$145.7m) to TornadoCash within...
WisdomTree has received a license from the NYDFS, allowing it to offer cryptocurrency-related products and services. Under New York State banking laws, asset manager WisdomTree has received approval from the NYDFS to operate as a limited liability trust company.With the permission, a WisdomTree Digital Trust Company subsidiary can offer local clients services for storing cryptocurrencies, issuing stablecoins, and...
Wifi Dabba, a decentralized internet service provider, recently announced plans to expand internet connectivity in India by distributing over 100,000 devices across the country. These devices, hosted on the Solana blockchain, are part of the DePIN project, which aims to connect the unconnected by the end of the year. Only 30 million individuals in India, a country of...
SEOUL (The south Korea herald/ANN): Rumours that top South Korean actors Kim Sae-ron and Kim Soo-hyun are dating, which began circulating after a post was uploaded on the former’s social media account early morning on March 24, are untrue, said the agency representing Kim Soo-hyun later the same day. “The current rumours of Kim Soo-hyun’s romantic...
KUALA LUMPUR (Bernama): The upcoming official visit of India’s External Affairs Minister Dr S. Jaishankar to Kuala Lumpur on Wednesday (March 27) is poised to serve as a crucial platform for both countries to discuss their visions for the Indo-Pacific region, especially as Malaysia prepares to assume the Asean chair in 2025. Co-Chairman of Asean India...
SINGAPORE (The Straits Times/ANN): A Singapore-registered firm is under investigation after allegedly failing to pay investors who have pumped money into its cryptocurrency investment schemes. Reports have been filed against InvesableAI with the Singapore police, and with the United States Federal Bureau of Investigation (FBI) and Securities and Exchange Commission (SEC). Incorporated in the Republic on June...
SINGAPORE (AP): Singapore’s first ministerial corruption case expanded Monday with new charges alleging that a former transport minister received bottles of whisky and wine, golf clubs and a luxury Brompton bike from a contractor who had dealings with the government. S. Iswaran, a former senior politician in the long-ruling People’s Action Party, pleaded not guilty to...
Electric Capital, a web3 venture capital firm, is delving into the analytical aspect of the NFT market to address two unresolved issues. In an X thread on Mar. 22, Electric Capital founder Avichal Garg unveiled a new analytical platform designed to address the scarcity of cross-chain data and transparency within the turnover of digital collectibles. Named NFT Pulse, the...
In anticipation of the fourth Bitcoin halving scheduled for mid-April, Coinbase Institutional has released a primer for investors. The Bitcoin halving, occurring every four years or upon mining every 210,000 blocks, will see miner rewards halve from 6.25 to 3.125 bitcoin per block upon reaching the 840,000 block. The document aims to guide institutional investors by examining the impact...
Spot Bitcoin ETFs experienced their largest three-day withdrawal since their launch in January. The trend marked a significant shift from the high demand propelling Bitcoin to its all-time high. Between Monday and Wednesday, these ETFs saw a withdrawal of $742 million, indicating substantial outflows from the Grayscale Bitcoin Trust alongside a decrease in new investments in competing funds...
