Two siblings hailing from the prestigious Massachusetts Institute of Technology (MIT) are currently facing serious allegations of exploiting a vulnerability in the Ethereum blockchain. The brothers, Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are accused of pulling off a heist that netted them a whopping $25 million in just 12 seconds. This alleged caper has
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The news of the arrest of Aiden Pleterski, known as Ontario’s ‘Crypto King,’ sent shockwaves through the region. Pleterski, along with his associate Colin Murphy, stands accused of defrauding unsuspecting victims of approximately $30 million in what authorities are calling a sophisticated Ponzi scheme. The charges come after a 16-month investigation known as ‘Project Swan,’
Polkadot recently announced a groundbreaking partnership with Founder Institute to launch a Web3 cohort, marking the beginning of an exciting chapter in startup acceleration and Web3 technology education. This collaboration is set to revolutionize the landscape of fundable startups, with the first Web3 cohort in the Core Program. The program, guided by experts from the
Magic Square’s recent launch of Magic Launchpad promises to revolutionize fundraising for early-stage projects. With a vast user base of over 4.5 million unique wallets and 1400 registered projects, Magic Square is well-positioned to provide a comprehensive solution for growth hacking, brand awareness, user acquisition, and fundraising. Magic Launchpad, a multi-chain platform deeply integrated with
The past week has been incredibly positive for Bitcoin, as the leading cryptocurrency surged to over $67,000, marking its highest price point in almost a month. The journey began with a retracement to just above $60,000, but strong bullish momentum defended this psychological support level over the weekend. As the new week started, Bitcoin made
The Chinese police forces recently made a major breakthrough by uncovering a large underground banking operation that was utilizing the popular stablecoin Tether (USDT) to transfer a significant amount of money. The operation, which involved up to 13.8 billion yuan ($1.9 billion), was exposed by the Public Security Bureau of Chengdu Municipal. This crackdown resulted
Bitcoin has seen a positive increase in price recently, rising by 2.9% to trade above $67,000 for the first time since April 24. This surge has been tied to the low inflation levels reported in the latest Consumer Price Index (CPI) data, indicating a positive price performance for the leading cryptocurrency. A report by blockchain
The ICO for Mollars, a new store of value altcoin set to launch in 2024, has been gaining significant momentum in the crypto world. With the project’s initial coin offering already 72% complete and close to reaching US$1,500,000 in funds raised, it is evident that Mollars is catching the attention of investors and enthusiasts alike.
The recent surge in the cryptocurrency market, particularly in the price of Bitcoin, has caught the attention of many investors and analysts. The Bitcoin price bounced back from around $61,000 to above $67,000, marking a significant increase in just a matter of days. This rapid price movement has led to speculation and discussion about the
Dogecoin, a meme currency powered by hash work, has seen a meteoric rise in its market capitalization, reaching $19.8 billion. This surge can be attributed to the influence of prominent figures like Elon Musk. Musk’s tweets and endorsements have propelled Dogecoin to new heights, with the cryptocurrency experiencing a significant increase in value over the
