A Dogecoin investor was not happy with Elon Musks’ recurring promotions of the meme-coin “Dogecoin”. So much so that the investor decided to sue the world’s richest man for $258 Billion, accusing Musk of “running a pyramid scheme” in order to profit off of Dogecoin. In the complaint which was filed in federal court in […]
Category: Hacks and Crime
The CSO of Polygon Attributes The Latest Round of Breaches to Web2 Security Flaws.
Polygon Chief Security Officer Mudit Gupta recently warned other Web3 companies to update their security personnel in order to prevent hacks. In an interview with Cointelegraph, Gupta said that rather than being the consequence of badly constructed blockchain technology, many of the recent crypto breaches were actually the result of Web2 security flaws such as […]
Australia Creates Federal Cryptocurrency Police Force
The Australian Financial Review (AFR) announced on Monday that the Australian Federal Police (AFP) has established a cryptocurrency crime squad that will track down and recover illegal cryptocurrencies connected to money laundering and other criminal behavior. According to Stefan Jerga, national manager of the AFP’s criminal asset confiscation command, the unit which was established in […]