Generative Data Intelligence

Tag: exit scam

SafeMoon Review: Ponzi Scheme or Legitimate Project?

SafeMoon is one of the newest and fastest growing altcoins, even in the crazy cryptocurrency market that’s seen a good number of tokens...

Ethereum DeFi Project Rari Capital Hacked for $11M—But It Plans to Make It Right

60% of all Rari Capital user funds were swiped over the weekend.

Spartan Protocol On BSC Got Exploited Out Of $30M: Report

Spartan Protocol on the Binance Smart Chain got exploited with $30 million getting stolen by a hacker so let’s read more in our latest Binance news today. Spartan Protocol is a Defi project on the Binance Smart chain and was exploited for over $30.5 billion while the hackers’ whereabouts remain unknown and a second version […]

Six imprisoned in connection to Turkey crypto exchange fraud

TL;DR Breakdown Six imprisoned in aftermath of Thordex exchange heist Turkey deploy hunt team to arrest absconding Thordex exchange CEO Six people have been found guilty and subsequently jailed for their role in the Thordex crypto exchange heist, a Turkish crypto firm that committed an exit scam and absconded with users found worth several U.S. […]

Thodex Turkish Exchange Sent $125M In BTC To Kraken Before Closing

The Thodex Turkish exchange sent $125 million in BTC to Kraken before closing down while blockchain analytics firm Whitestream claimed over 5000 BTC went from the exchange’s controlled wallets via intermediaries so let’s read more in our latest crypto news today. The Thodex Turkish exchange closed abruptly this month and left customers locked out of […]

Exchange firm Hotbit hacked, operations paralyzed

TL;DR Breakdown Hotbit exchanged operations paralyzed after cyber attack Exchange ready to build all servers afresh Hotbit cyber attack, another exit scam? Another crypto exchange firm (Hotbit) that serves at least 2 million users globally has announced that it has suffered a severe cyber-attack, leading to the firm shutting down its operation temporarily. In its […]

Turkish Exchange Thodex Sent $125M in Bitcoin to Kraken Before Closing: Report

Blockchain analytics firm Whitestream claims over 5,000 BTC went from Thodex-controlled wallets through intermediaries.

Turkey Jails 6 Suspects in the Multi-Million Dollar Thodex Exchange Exit Scam

The Turkish investigation agency has jailed 6 suspects in the case related to the exit scam committed by the CEO of Thodex cryptocurrency exchange in what many called the biggest fraud in the history of the country. The arrest was ordered by a Turkish court on later Thursday. Police earlier detained 62 people out of

The post Turkey Jails 6 Suspects in the Multi-Million Dollar Thodex Exchange Exit Scam appeared first on Coingape.

Hotbit crypto exchange shuts down for maintenance after attempted hack

The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks.

Should Crypto Poker Sites be Banned?

Cryptomaniaks is a site that presents the best poker sites which accept cryptocurrencies like Bitcoin and Ethereum for deposits, withdrawals, and playing. But what if these sites get banned? Better still…should they be banned? This could happen.  How will it affect you?   Cancel Culture and Crypto   There are immense pushes and controversy over […]

Turkish Central Bank Considers Becoming Bitcoin Custodian

Turkey’s fiat currency, the Lira (TRY), is in serious trouble – especially against Bitcoin – with consumer price inflation reaching an alarming 16% in March of this year. In January of 2008, the Lira traded at near-parity with the US Dollar but is currently near its all time low of 8.5 TRY to the USD. […]

Turkey to go tough on crypto after exchange scam

TL;DR Breakdown Turkey to go tougher on crypto. Stricter regulations coming into play due to increasing frequency of scams. The government in Turkey is beginning to explore means to improve regulation around cryptocurrencies after two exchange firms in quick succession allegedly defrauded users of their platforms. An exchange in the country, Vebitcoin, has had its […]

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