Cryptocurrencies
- www.forbes.com The DEA Accidentally Sent $50,000 Of Seized Cryptocurrency To A Scammer
The Drug Enforcement Agency takes from one criminal enterprise and accidentally gives to another, via a common crypto scam.
Ouch.
>The swindler “airdropped” the fake address into the DEA’s account by dropping a token into the DEA account so it looked like the test payment made to the Marshals. The idea here was to basically trick the DEA into thinking the scammer’s address was actually the Marshal’s service’s address. Crypto addresses are so long that people usually just copy and paste instead of typing them fresh each time. Airdropping is a legitimate feature in cryptocurrency and sees an individual or entity drop tokens representing a certain value of a currency into someone’s account. It’s normally done as part of a launch of a new kind of token, but it’s also been abused by those seeking to dupe crypto owners into scams like this.
- finbold.com Visa introduces a way to pay gas fees on Ethereum with a credit card
Visa will use Account Abstraction on Ethereum to allow users to pay for their transaction’s gas fees directly with a Visa Credit Card.
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Security experts discover flaw in the random-number generator used to create wallet private keys on Libbitcoin Explorer 3.x versions
cross-posted from: https://feddit.de/post/2396303
> Bad actors are actively exploiting this flaw to steal funds from affected wallets on multiple blockchains, they say.
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Kenyan Government Suspends Activities of Worldcoin in Country
www.reuters.com Kenya suspends Worldcoin's crypto project over safety concernsKenya's interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin while government agencies assess potential risks to public safety.
cross-posted from: https://infosec.pub/post/1008732
> Kenya's interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin while government agencies assess potential risks to public safety.
- www.ft.com SEC asked Coinbase to halt trading in everything except bitcoin, CEO says
Request would have meant ‘the end of the crypto industry in the US’, according to Brian Armstrong
cross-posted from: https://lemmy.zip/post/868958
> Archived version: https://archive.ph/dgaJd
- senatus.substack.com A deep dive on Bitcoin's flaws and how to fix them
Breaking down Bitcoin's issues and looking into how other cryptocurrencies have improved.