Crypto investor falls victim to phishing scam, loses M with single click

Crypto investor falls victim to phishing scam, loses $3M with single click

Crypto scammers are switching from code to exploiting human vulnerabilities that don’t require breaking through complex cybersecurity guardrails. A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious blockchain transaction without verifying the contract address, highlighting the risk posed by digital asset scams. A single wrong click was all it took…

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Eye-scanning crypto projects pose national security risks, China warns

Eye-scanning crypto projects pose national security risks, China warns

China’s security agency warned that biometric data collection by crypto firms, including iris scans, may endanger personal privacy and be exploited for espionage. China warned of the increasing use of biometric data by crypto-linked projects, cautioning that iris-scanning programs operating under the guise of digital asset distribution may threaten personal privacy and even national security….

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Sergey Nazarov compares Chainlink’s CRE to Ethereum’s early breakthrough

Sergey Nazarov compares Chainlink’s CRE to Ethereum’s early breakthrough

Chainlink co-founder Sergey Nazarov said the Chainlink Runtime Environment could be as transformative as the Ethereum Virtual Machine. Chainlink co-founder Sergey Nazarov said the recently launched Chainlink Runtime Environment (CRE) could have a transformative effect on the blockchain industry, comparing its potential to the impact of the Ethereum Virtual Machine (EVM). In a YouTube video…

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Arcadia Finance users reimbursed by DeFi hack insurance

Arcadia Finance users reimbursed by DeFi hack insurance

Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base. Crypto-native insurance service Nexus Mutual reimbursed its customers who had lost money in the recent Arcadia Finance hack. According to a Monday announcement shared with Cointelegraph, Nexus Mutual reimbursed approximately $250,000 to users who lost…

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Crypto funds see 3M outflow, ending 15-week streak as Fed dampens sentiment

Crypto funds see $223M outflow, ending 15-week streak as Fed dampens sentiment

Profit-taking interrupted the 15-week winning streak of global cryptocurrency ETPs last week as investor sentiment was hit by hawkish remarks after last week’s US Fed rate decision. Cryptocurrency investment products ended last week in the green, interrupting 15 weeks of consecutive inflows after investor sentiment took a hit from hawkish remarks during last week’s Federal…

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Tron network founder Justin Sun returns from space

Tron network founder Justin Sun returns from space

The Tron founder said it has been a long-time dream to travel to space and reflected on the fragility of the planet following his return. Justin Sun, founder of the layer-1 Tron blockchain network, returned safely from a commercial spaceflight on Saturday, alongside five other crew members aboard Blue Origin mission NS-34. The other crew…

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5 countries where crypto is (surprisingly) tax-free in 2025

5 countries where crypto is (surprisingly) tax-free in 2025

Looking to live tax-free with crypto in 2025? These five countries, including the Cayman Islands, UAE and Germany, still offer legal, zero-tax treatment for cryptocurrencies. Cayman Islands: No income, capital gains or corporate tax — ideal for crypto traders and funds. UAE: Zero tax on all crypto activity across all emirates, plus strong regulatory clarity….

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