Euler hacker seemingly taking their chances, sends funds to crypto mixer

The hacker responsible for the $196 million attack on Euler Finance has begun moving funds into crypto mixer Tornado Cash, only hours after a $1 million bounty was launched to uncover the hacker’s identity. Blockchain analytics firm PeckShield tweeted on March 16 that the exploiter behind the flash loan attack on the Ethereum noncustodial lending protocol was “on the move.” The exploiter transferred 1,000 Ether (ETH), approximately $1.65 million, through sanctioned crypto mixer Tornado Cash. #PeckShieldAlert @eulerfinance exploiter on the move~1,000 $ETH into Tornado Cash through intermediary address 0xc66d…c9ahttps://t.co/LAkY66YpoF pic.twitter.com/0XhQV1nbgn…

FBI Says Crypto Investment Fraud Rose 183% to $2.57 Billion in 2022 – Featured Bitcoin News

The Federal Bureau of Investigation (FBI) says cryptocurrency investment fraud rose 183% from $907 million in 2021 to $2.57 billion in 2022, based on data from its Internet Crime Complaint Center (IC3). The FBI also warned the public of “a spike in cryptocurrency investment schemes.” FBI’s Crypto Crime Statistics The Federal Bureau of Investigation (FBI) published its 2022 Internet Crime Report last week. The report is compiled using data from the agency’s Internet Crime Complaint Center (IC3) which “serves as a public resource to submit reports of cyberattacks and incidents,”…

Latest ‘Shadow Fork’ Brings Ethereum a Step Closer to Its Shanghai Upgrade

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Join #Consensus2023, the most important conversation in crypto and Web3, happening April 26-28 in Austin, Texas. Tickets on sale now: Ethereum developers said they successfully created a copy of the blockchain to provide a testing environment ahead of the much anticipated Shanghai upgrade. CoinDesk Ethereum Protocol Reporter Margaux Nijkerk discusses the significance of this “shadow fork” and what the new upgrade could mean for the protocol and ETH staking firms. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Coinbase met with Australian banking regulators over local crypto regulations

The Reserve Bank of Australia (RBA) and Treasury have been holding private meetings with executives from Coinbase, with discussions revolving around the future of crypto regulation in Australia. Responding to Cointelegraph’s request for comment, an RBA spokesperson confirmed recent reports that these private meetings had occurred, stating that Coinbase met with the RBA’s Payments Policy and Financial Stability departments this week, “as part of the Bank’s ongoing liaison with industry.” Tom Duff Gordon, Coinbase’s vice president of international policy who was reported to have been flown in for the meetings,…

SBF’s inner circle received $3.2B, mainly from Alameda: Court filings

FTX and Alameda Research’s former top brass received $3.2 billion in payments and loans from FTX-linked entities, according to the FTX administrators handling the firm’s restructuring. FTX, now helmed by CEO John Ray III, has been tracking missing funds from the exchange since its collapse, which it estimates to be $8.9 billion in total. According to a March 15 statement from FTX Debtors, financial statements it filed in the Delaware Bankruptcy Court point to billions of dollars worth of loans and payments that allegedly flowed to Sam Bankman-Fried and high-ranking…

Shiba Inu Token Falls 10% Amid Shibarium Code Drama

Discord user “Justinlime,” another network validator chimed in: “Even if some of the code was used in the beta does not mean all of it was. To me it’s very doubtful that it’s a direct fork with nothing changed. Forking, and building upon already established software, is the core foundation of what FOSS(free and open source software) stands for.” Source