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Bitcoin price still hovers above $66k despite Mt. Gox repayments. Analysts say on-chain data shows most BTC holders receiving the repayments are choosing to hodl. BTC price may benefit from this, with a potential to rebound to recent highs. Bitcoin traded to above $66,500 on Wednesday morning as the market looked to bounce following fresh downside pressure. The dip to lows of $65,444 on crypto exchange Coinbase happened as traders reacted to news that the US government had sent BTC to exchanges. Bitcoin holds above $66k Movement from the Mt. Gox wallets amid repayments also spooked some to introduce selling pressure. The return of outflows for spot Bitcoin exchange-traded funds on Tuesday supported this outlook, with over $78 million in outflows breaking a 12-day streak. So while prices have dipped since trading to highs of $68,495 earlier in the week, analysts are bullish on the flagship cryptocurrency’s recovery in the short term. Price holding a...

Crypto gambling project ZKasino has announced a ‘two-step bridge back process’ for users to finally withdraw their share of what was branded, at the time, as a $33 million rug pull. However, users have only been given a 72-hour window (that’s until 2pm UTC on May 31) in which to ‘sign up’ to withdraw their funds, which are now worth over $40 million in total. Bridge back ETH at 1:1 ratio We now initiate the 2-step bridge back process for bridgers who choose to receive back their ETH. We apologise for the delay and thank you for your patience. Please read the details about the bridge back process on our Medium post:… — Derivatives Monke (@Derivatives_Ape) May 28, 2024 Read more: ZKasino $30M ‘favor’ to users — seamless transition or rug pull? The original incident was sparked by an April 20 announcement that ETH deposits made as part of a bridge-to-earn rewards program would be converted into the project’s own ZKAS token, as a “favor” to...

Crypto scammers have found a new way to abuse X interface to propagate scams, fake giveaways, and deceptive Telegram channels. As reported by BleepingComputer, fraudsters have started actively taking advantage of what appears to be a user interface flaw, enabling them to create seemingly legitimate URLs containing malicious content. This flaw, initially identified by X user @rcwht_, empowers scammers to publish tweets that mimic those from authentic accounts. Interesting scam crypto-related tweets. Link looks like it should direct to binance, but actually direct to some scammy account. Been tagged in two of these and they both use https://t.co/2HhH3FW3nT – anyone know whats going on here? pic.twitter.com/NVtFkm12d6 — Rob White (@rcwht_) December 17, 2023 According to BleepingComputer, scammers can change the status_id field, while putting the legitimate tag in the account_name field. For instance: https://x.com/[account_name]/status/[status_id] would look like ...

The Cardano-based DEX MuesliSwap will refund their users affected by high slippage over the past year. The company explained in a Twitter post that they recognized they fell short of providing adequate clarity on the slippage feature within the MuesliSwap Pool DEX protocol. Slippage can be taken as the price difference between the transaction submission and its confirmation in the blockchain. Important Announcement! At MuesliSwap, transparency and user education are paramount. We recognize that we fell short in providing adequate clarity on the slippage feature within the MuesliSwap Pool DEX protocol. Our decentralized matchmaker setup allowed each matchmaker to… — MuesliSwap Team (@MuesliSwapTeam) August 7, 2023 The team behind the DEX explained that most of their users have been paying a high slippage rate for the last year due to how the decentralized matchmaker was set up. The refund process will take three to four weeks. During this time, the company will gathe...

Many people believe that Bitcoin users typically send their transactions directly to miners or mining pool operators. However, this is actually very uncommon. Instead, users generally broadcast transactions essentially at random — in other words, to whichever nodes happen to be connected to them and online at the time. Usually, a Bitcoin user has no guarantee that a miner will ever see their transaction. They simply hope that random rebroadcasts among volunteer nodes will ping-pong their transaction across the network and eventually, somehow into a miner’s node. This might seem odd and counterintuitive. Why not simply broadcast a transaction directly to a miner as a regular matter of course? Well, the explanation for this curious custom showcases the unique decentralization of the Bitcoin network . A counterintuitive yet effective path to decentralization Miners (or mining pool operators, specifically) select and order transactions within a block. Obviously, these mining operato...

FTX EU was only approved by the Cyprus regulator in March, 2022, about seven months before FTX collapsed in November. The European arm of FTX, FTX EU has launched a website to allow European customers to submit withdraw al requests. It comes nearly five months after the global trading platform collapsed and went bankrupt in early November. The new website domain name — https://ftxeurope.eu/ — was reportedly approved by the Cyprus Securities and Exchange Commission according to a report in Finance Magnates. A screenshot of the newly launched website to withdraw funds from FTX EU. Source: FTX Europe The new domain will not offer any products or services other than to pay back impacted customers, the report said, referencing an email received by FTX Europe. "Please be informed that our new domain, www.ftxeurope.eu, has been approved by our regulator CySEC as you have well identified. The website will only be used for all FTX EU LTD clients to be able to claim their FIAT balances....

The trick allows the attacker to confirm zero-value transactions from the victim’s wallet, hijacking the user’s transaction history. Data from Etherscan shows that some crypto scammers are targeting users with a new trick that allows them to confirm a transaction from the victim’s wallet, but without having the victim’s private key. The attack can only be performed for transactions of 0 value. However, it may cause some users to accidentally send tokens to the attacker as a result of cutting and pasting from a hijacked transaction history. Blockchain security firm SlowMist discovered the new technique in December and revealed it in a blog post. Since then, both SafePal and Etherscan have adopted mitigation techniques to limit its effect on users, but some users may still be unaware of its existence. Recently we have received reports from the community of a new type of scam: Zero Transfer Scam. Be careful if you see suspicious 0 transfer in your wallet record: 1/10 — Veronica (@V_...