$1.5 billion of assets still locked in the Multichain protocol have reportedly been confiscated by Chinese police as part of a money-laundering investigation. However, one source suggests that this is just the latest face of police embezzlement in the country.
Crypto custodian holding hundreds of millions of clients' digital assets goes bankrupt as a result of crypto key mismanagement. As often happens in the crypto world, the story may continue to develop.
$PEPE price is in freefall after 60% of the team account’s funds were sold. One co-founder blames team members for pulling the rug on the project, but the community is finding it hard to believe his story.
$PEPE price is in freefall after 60% of the team account’s funds were sold. One co-founder blames team members for pulling the rug on the project, but the community is finding it hard to believe his story.
$1.5 billion of assets still locked in the Multichain protocol have reportedly been confiscated by Chinese police as part of a money-laundering investigation. However, one source suggests that this is just the latest face of police embezzlement in the country.
Crypto custodian holding hundreds of millions of clients' digital assets goes bankrupt as a result of crypto key mismanagement. As often happens in the crypto world, the story may continue to develop.
As Tether again stopped a scam in its tracks by blacklisting a hacker’s account, users are reminded about the powers they hand to centralized money issuers.
Multichain saw significant outflows yesterday causing fears of an exploit, as the team urged users to revoke all contracts until further notice. Meanwhile, CEO Zhaojun hasn’t been seen since the end of May, with rumors at the time suggesting he may have been arrested in China.
Another DeFi lending protocol has become the victim of hackers as Sturdy Finance lost more than $760,000 worth of users' assets. Is something broken in DeFi lending?
