Three individuals charged by United States prosecutors for orchestrating a series of SIM swap attacks have been linked to the $400 million hack of FTX in 2022, which occurred just hours after it filed for bankruptcy.
In a Jan. 24 filing in a Washington, D.C. District Court, United States federal prosecutors charged Robert Powell, Carter Rohn and Emily Hernandez with carrying out SIM swap attacks by stealing the identities of 50 victims and convincing telecom providers to port victims' numbers to the trio’s phones. #sanor016CommUNITY
Cryptocurrency exchange Binance froze $4.2 million worth of XRP from the $112 million hack on Ripple co-founder Chris Larsen’s personal wallet on Jan. 31. The information was made public by Binance CEO Richard Teng.
Ordinals inscriptions on the Bitcoin network lost momentum in January, with sales declining by 61% to $335 million, according to nonfungible token (NFT) aggregator CryptoSlam
The market for Bitcoin Ordinals cooled in January as sales fell sharply from the previous month. Meanwhile, Binance helped out Ripple co-founder Chris Larson by freezing $4.2 million worth of XRP (XRP) stolen from a hacker, and three people have been linked to the $400 million hack of crypto exchange FTX in 2022, with suggestions it was part of a SIM swap attack.
Digital currencies are widely used as a means of transferring value in global financial transactions and even between ordinary people due to the ability to transfer value internationally without time and place restrictions, facilitating international transactions, reducing costs and increasing security.
A bitcoin has value because it is able to be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is in demand by investors interested in the possibility of returns. Of course, many other factors influence Bitcoin's value. #sanor016CommUNITY #sanor016
Ether jumps 3% as the cryptocurrency strives for a winning month: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Rene Reinsberg, a co-founder of Celo and president of the Celo Foundation, discussed a new announcement that Circle will issue its stablecoin USDC to the Celo network.
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