North Korean hackers used shadow IT workers to carry out crypto heists
North Korean hackers used shadow IT workers to carry out crypto heistsN. Korean hackers employ thousands of shadow workers that pose as recruiters or potential employees to infiltrate crypto firms.
Happy Monday!The global crypto market cap is $1.05 trillion, with a 24-hour volume of $30.67 billion. The price of Bitcoin is $25,839.53, and BTC market dominance is 47.7%. The price of Ethereum is $1,733.22, and ETH market dominance is 19.8%. The best-performing sector is Yield Farming, which gained 9%. The Crypto Fear & Greed Index is currently Neutral (47). Top News
North Korean hackers used shadow IT workers to carry out crypto heistsN. Korean hackers employ thousands of shadow workers that pose as recruiters or potential employees to infiltrate crypto firms. Mark Cuban slams SEC’s crypto guidelines as ‘near impossible’ to navigateShark Tank Investor Mark Cuban highlighted how the SEC enforcement actions have often conflicted what is on its website. Sturdy Finance halts market after $800,000 exploit linked to faulty price oracleBlockchain security firm BlockSec stated that Sturdy Finance suffered a reentrancy attack alongside its price oracle manipulation. Latest Insights
More NewsTether treasury sends Binance $750M USDT in chain swap transactionThe stablecoin issuer's vocal CTO also announced the minting of 1 billion new USDT. Polygon leads top 10 following weekend crash: CryptoSlate wMarket updateThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Last week, Ethereum ETPs saw the largest single week of outflows since the MergeMost altcoin exchange-traded projects have seen inflows year-to-date while Bitcoin and Ethereum ETPs have both seen outflows during the same period. Andreessen Horowitz applauds UK’s progressive approach to crypto regulation as a16z to open UK officeVC firm Andreessen Horowitz says U.K. is on the right regulatory path - intends to develop U.K., European crypto ecosystem through London. SEC hostilities see Bitcoin dominance spike to 111-week highAltcoins, particularly SAND, MANA, AXS, suffer sharp dfawdowns sending Bitcoin dominance to April 2021 highs.
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SEC sues Coinbase, alleges multiple securities law violations
Monday, June 12, 2023
The regulator has come for Coinbase a day after filing suit against Binance.
Coinbase, Robinhood testify before House committee on Republican crypto bill
Monday, June 12, 2023
Representatives of both companies said that the draft discussion bill could provide regulatory clarity. CFTC Chairman Rostin Benham expressed more limited support.
Gary Gensler had close ties to Binance’s CZ, offered to serve as exchange advisor: lawyers
Monday, June 12, 2023
SEC chair Gary Gensler offered to serve as an advisor to Binance and kept in contact with CEO Changpeng Zhao, lawyers for the company say.
Coinbase CEO’s $1.8 million stock sale raises eyebrows amid SEC lawsuit
Monday, June 12, 2023
Coinbase CEO Brian Armstrong $1.8 million stock sale on June 5 may have been pre-planned.
Ex-SEC chair Jay Clayton says agency is having ‘blunt conversations’ on crypto; endorses ‘true stablecoins’
Monday, June 12, 2023
Clayton refused to explicitly contest the actions of his successor, Gary Gensler.
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