Fantom Launches Recovery Plan for Funds Lost in $200M Multichain Exploit, FTM Soars

Fantom partnered with blockchain intelligence company TRM Labs to conduct comprehensive asset flow forensics. As a decisive step, legal action was initiated in Singapore against the Multichain Foundation for the losses suffered by Fantom. The Fantom Foundation (FTM) has taken decisive action to recover assets lost in the Multichain exploit that devastated several chains, including […]

Continue Reading

Bitcoin March 6: Over $1 Billion in Liquidations After BTC ATH

Have buyers lost control after several months of increases? It has been 846 days since Bitcoin price fell below its last ATH. For the first time in its history, the price of Bitcoin reached an all-time high before the halving. In fact, yesterday buyers managed to push the price back to the $69,000 level. Despite […]

Continue Reading

Millions in BTC and XMR Disappear in Darknet Exit Scam

Incognito Market is facing withdrawal issues and accusations of exit scam. Dark Web Detective Confirms Exit Scam Amid Bitcoin Rally. In the gloomy corners of the dark web, a major marketplace known as Incognito Market has recently come under scrutiny. This platform, predominantly used for narcotics trafficking, has become a focus of controversy due to […]

Continue Reading

Tether Offers USDT Recovery Tool in Critical Situations, and Related News

The plan includes an official recovery tool that makes it easy for users to verify ownership of their addresses on an affected Blockchain and transfer their USDT to an address on another supported Blockchain. In other news, Tether has reached a record $100 billion market capitalization. Tether, the issuer of the world’s largest Stablecoin, USDT, […]

Continue Reading

El Salvador Agrees Not to Apply KYC to BTC Transactions Less Than $25,000

The Legislative Assembly of El Salvador will eliminate customer identity verification (KYC) for transactions less than $25,000. The Bitcoin Office of El Salvador confirmed that financial and crypto companies used to resort to KYC with transactions starting at $200. According to the Assembly, the reform will encourage tourism in El Salvador, which would increase the […]

Continue Reading