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🔐 Cyber News (Mar 29, 2024): 1️⃣ Inner City Press: Former #FTX CEO Sam Bankman-Fried (SBF) has been sentenced to 25 years in prison, according to the decision of the Southern District of New York court. 🔒 2️⃣ AFM: The activity of an unlicensed cryptocurrency online exchange has been halted in the city of Kostanay. According to case materials, two citizens of #Kazakhstan have been processing user requests through a cryptocurrency exchange website they created since 2020. 💻 3️⃣ Archon: The founder of the Ordinal Rugs project fell victim to phishing, resulting in hackers withdrawing 1.47 BTC ($102,500) from his hot wallet, along with bitcoin "tags" worth 4 BTC ($278,000). The breach began with a message sent to members of the Bitcoin Rock Discord server advertising a giveaway of popular ordinal Runestones. The link in the post led to a fake NFT marketplace site, Magic Eden. 🛡️ 4️⃣ Prisma Finance: The DeFi protocol Prisma Finance has fallen victim to a hacker attack. The amount of damage is currently estimated at $11 million. The Prisma Finance team has acknowledged the breach. The protocol's operations have been immediately suspended to conduct a thorough investigation of the incident. 💰 5️⃣ Chosun: Police in #Pusan have arrested two individuals for defrauding an elderly citizen and stealing 5.5 billion won ($4.1 million) under the guise of cryptocurrency investments. According to case materials, the victim was promised a 70% profit on monthly investments totaling 1 billion won. 🕵️‍♂️ 🚀 Subscribe to our channel to stay updated on the latest news from the world of cryptocurrencies!

🔐 Cyber News (Mar 29, 2024):

1️⃣ Inner City Press: Former #FTX CEO Sam Bankman-Fried (SBF) has been sentenced to 25 years in prison, according to the decision of the Southern District of New York court. 🔒

2️⃣ AFM: The activity of an unlicensed cryptocurrency online exchange has been halted in the city of Kostanay. According to case materials, two citizens of #Kazakhstan have been processing user requests through a cryptocurrency exchange website they created since 2020. 💻

3️⃣ Archon: The founder of the Ordinal Rugs project fell victim to phishing, resulting in hackers withdrawing 1.47 BTC ($102,500) from his hot wallet, along with bitcoin "tags" worth 4 BTC ($278,000). The breach began with a message sent to members of the Bitcoin Rock Discord server advertising a giveaway of popular ordinal Runestones. The link in the post led to a fake NFT marketplace site, Magic Eden. 🛡️

4️⃣ Prisma Finance: The DeFi protocol Prisma Finance has fallen victim to a hacker attack. The amount of damage is currently estimated at $11 million. The Prisma Finance team has acknowledged the breach. The protocol's operations have been immediately suspended to conduct a thorough investigation of the incident. 💰

5️⃣ Chosun: Police in #Pusan have arrested two individuals for defrauding an elderly citizen and stealing 5.5 billion won ($4.1 million) under the guise of cryptocurrency investments. According to case materials, the victim was promised a 70% profit on monthly investments totaling 1 billion won. 🕵️‍♂️

🚀 Subscribe to our channel to stay updated on the latest news from the world of cryptocurrencies!

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🪙 Crypto News (May 14, 2024): 1️⃣ Lookonchain: On May 13th, a trader made a whopping 32-fold profit on the meme token KITTY, thanks to the awakening of X-account by financial analyst Keith Gill (The Roaring Kitty), who famously ignited the 2020 "retail traders vs. Wall Street" saga. Just before Gill's return tweet, the trader invested 21.1 SOL ($3000) to acquire 17.4 million #KITTY tokens. Subsequently, the meme token's value skyrocketed by over 6000%. In the aftermath, the trader sold 12.8 million KITTY for 294 SOL ($41,000), retaining 4.6 million KITTY ($56,000) in the balance, resulting in a staggering $94,000 profit. 📈 2️⃣ EigenLayer: The first phase of EigenLayer's stakedrop commenced on May 10th. Developers unlocked a total of 113 million #EIGEN tokens for claiming. In the initial hours post-launch, users staked and delegated approximately 8.9 million EIGEN tokens. 💰 3️⃣ Notcoin: The #Notcoin project team announced their decision to allocate 5% of the total token supply to be shared among community members and cryptocurrency exchange clientele. Notably, 1 billion Notcoin (NOT) tokens were reserved for users of the Wallet bot on Telegram. This campaign is currently underway and will conclude on May 25, 2024. 🤖 4️⃣ Luca Netz: The developers behind the Pudgy Penguins #NFT collection celebrated the sale of 1 million toys since their retail market debut. Furthermore, project leader Luca Netz unveiled plans for expansion into the Asian market. 🐧 5️⃣ Bloomberg: The U.S. Department of Justice has appointed the consulting firm Forensic Risk Alliance (FRA) to oversee Binance's activities for a duration of three years. 🕵️‍♂️ 💪 If you haven't already, consider subscribing for more insightful updates like these.
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