Cream Finance Attacker Converts $1.75M into Bitcoin
The bad actor who recently attacked the DeFi protocol Cream Finance has moved $1.75 million of the stolen funds.

The bad actor who recently attacked the DeFi protocol Cream Finance has moved $1.75 million of the stolen funds.
India-based crypto exchange WazirX has regained access to its bank accounts.
The number of NFTs issued on the Solana blockchain has increased dramatically in spite of the current market crash.
The British government aims to make the UK the “dominant center of crypto technology in the world.”
The company will need another 30 days to make a decision to acquire its competitor Vauld.
Online ransomware has skyrocketed in the US over the past two years. Usually, attackers ask users to pay cryptocurrencies to regain access to their data.
According to consulting firm KPMG, from January to June this year, venture investments in the industry amounted to $14.2 billion.
Former BitMEX CEO Arthur Hayes believes that by the end of 2022, Ether may reach $3,000.
Some hackers have attacked the Instagram account of The Sandbox metaverse and have placed a phishing link in its description.
An address linked to cryptocurrency hedge fund Three Arrows Capital (3AC) has withdrawn 20,945 stETH from Curve Finance’s liquidity pool.
Leading cryptocurrencies updated their local highs in the first half of August.
According to Arcane Research experts, public mining companies are having a hard time due to the declining price of Bitcoin, rising electricity rates and the difficulty of mining. But none of them went bankrupt.
A popular Twitter DeFi researcher under the pseudonym FatManTerra has found a fake investment scheme as part of an experiment and has raised more than $100,000 in Bitcoin in a couple of hours.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
Altcoin Altcoins AML Banks Bitcoin Blockchain China Cryptocurrency Crypto exchanges Crypto mining Crypto regulations DAO Decentralized Finance Digital Assets ETH Ethereum Exchange-traded fund Fintech FOMO FUD Funding Gas Fees Hackers HODL Japan KYC Layer 2 Metaverse Mining NFT NFTs Private Key Regulation Russia Scalability Seed Phrase Smart Contract South Korea Stablecoin Stablecoins Staking US Volatility Wallet Web3