Category: USDT

Poly Network Defi Hacker Returns A Large Fraction Of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements

On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from…

Poly Network Hacker Returns $4.7M In Funds — Attacker Asks Devs To Unlock Frozen Tether Stash

On Tuesday, the decentralized finance (defi) project Poly Network was hacked for over $600 million in digital assets. The attack was the largest defi hack to date eclipsing all of…

Poly Network Hacked For More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been A Billion’

On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how…

The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed By Auditor Moore Cayman

Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves…

Axie Infinity Hits 1 Million Daily Active Players, First NFT Project To Hit $1B All-Time Trade Volume

The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily active players. Additionally, the game…

Stablecoins Swelled By $13B In 30 Days, Captured 67% Of Today’s Crypto Trade Volume

Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still…

Hong Kong Busts Money Laundering Ring Using Tether To Wash Millions

Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was…

Polygon-Based Defi Stablecoin Safedollar Plunges To Zero — Team Is Investigating Exploit

The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as…