Binance bans GPS token market maker

GPS Token Plunge Sparks Crisis: Binance’s Market Maker Ban Triggers Community Backlash and Compensation...

The abrupt collapse of the GPS token, triggered by aggressive sell-offs from a market maker, has left investors scrambling for answers and compensation as Binance moves to confiscate funds and contain the fallout. With questions lingering over the adequacy of reimbursement and growing concerns about market manipulation, the incident underscores the fragility of investor protection in the crypto space.
Argentina's president Milei is embroiled in a scandal after endorsing the $LIBRA coin.

Argentina’s Milei Faces Political Firestorm After Crypto Scandal

Argentine President Javier Milei faces intense scrutiny after endorsing $LIBRA, a cryptocurrency that surged before crashing in a suspected rug pull, wiping out $4.4 billion. The collapse has triggered political outrage, with opposition leaders calling for impeachment and raising concerns over crypto regulation and investor protection.
Co-founders of HashFlare, pleaded guilty in the United States to defrauding investors of $575 million with cryptocurrency mining Ponzi scheme.

Crypto Mining Mirage: HashFlare Co-Founders Admit to $575M Ponzi Scheme

HashFlare's promise of easy cloud-based crypto mining turned out to be a massive $575 million Ponzi scheme, deceiving investors with fabricated mining operations and false profit guarantees. With co-founders Sergei Potapenko and Ivan Turõgin pleading guilty, the case exposes the dangers of unregulated crypto ventures and the urgent need for investor vigilance in the digital asset space.
Cryptocurrency wallets attack linked to LastPass breach.

Crypto Wallet Draining Continues: Is Your Private Key Really Safe?

Over $5.4 million disappeared from over 40 cryptocurrency wallets in a sophisticated attack that experts trace back to the 2022 LastPass breach. Hackers exploited...
Supply chain attack hits Solana

Solana Supply Chain Attack: Developers Scramble to Mitigate Risks as Six-Figure Losses Surface

A targeted supply chain breach in the Solana Web3.js library exposed private keys, leading to six-figure losses for affected users. This incident highlights the growing sophistication of blockchain threats and underscores the need for stronger security measures in decentralized ecosystems.

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