Police Charge Cryptocurrency Distributor Over Alleged N51.7 Million Fraud

The Lagos State Police have arraigned a cryptocurrency distributor, Temitope Longe, in a Federal High Court sitting in Lagos for allegedly obtaining the sum of N51,789,222 by false pretence and fraud. Longe was docked before Judge Tijjani Ringim for alleged offenses committed by officers from the Ikoyi Special Police Fraud Unit, Lagos. PSFU prosecutor Mr […]

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Cypherock, a Hardware Wallet Startup, Raised $1 Million from a Number of Well-Known Web Industry Figures3 | Startup story

Funding Alert ByStartupStory | December 2, 2022 Cypherocka hardware wallet startup on a mission to accelerate adoption, raised $1 million in funding from a diverse group of industry leaders including Consensys Mesh, Infinite Capital, Gnosis, Stefan George (Gnosis), Sandeep Nailwal (Polygon), Mahin Gupta (Zebpay & Liminal), OrangeDAO, Prasanna Sankar (Rippling) and Furqan Rydhan (Third). Round […]

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BTC Shows Silver Lining After FTX Crash, Cryptocurrency Hits $850 Million

A few days after the fall of the FTX cryptocurrency exchange, cryptocurrencies, including Bitcoin, and the stablecoin began to show signs of recovery, with the total market value of currencies increasing by 2% for reach $850 billion. “Bankrupt exchange FTX remained in the news after the hacker continued to move items of stolen assets worth […]

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Cypherock raises 1 million from industry leaders

Cypherock, a hardware wallet startup, is raising $1M from industry leaders like Consensys Mesh, Infinite Capital, Gnosis and others. It also aims to increase the use of crypto and blockchain technology Cypherock, a hardware wallet startup, is raising $1M from an array of reputable industry leaders including Consensys Mesh, Infinite Capital, Gnosis, Stefan George (Gnosis), […]

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Russian hackers steal 50 million passwords from 111 countries using Infostealer malware – CPO Magazine

Group-IB discovered nearly three dozen Russian hacker groups spreading infostealer malware under the thief-as-a-service model. An infostealer is a malware variant that harvests credentials stored in browsers, payment card numbers, and crypto wallet credentials and sends them to servers controlled by threat actors. According to researchers, threat groups infected 890,000 user devices with information thieves, […]

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Anonymous crypto wallet moves $116 million from Ethereum – Ethereum (ETH/USD)

What happened: $116,749,493 from Ethereum ETH/USD just moved between 2 anonymous cryptocurrency wallets in a single transaction. The Ethereum wallet address of this mysterious person has been identified as follows: 0xeb407c85e8ee7c2eadabf556b3f3198714f9a43e $116 million worth of Ethereum was sent to an unknown recipient, with the Ethereum wallet address: 0x09c6612b3868d4b5b13e6a68477fb29d4bbc2c89 Why is this important: Cryptocurrency whales that […]

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Sam Bankman-Fried says he doesn’t know who took $515 million from FTX accounts after filing for bankruptcy

Sam Bankman-Fried at the New York Times DealBook Summit.Michael M. Santiago/Getty Images Sam Bankman-Fried says he doesn’t know who accessed FTX’s systems without permission during its collapse. Bankman-Fried was asked about the whereabouts of $515 million, reported missing by The Times. He admitted there was “unauthorized access”, but said he had no idea who was […]

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Cypherock raises $1 million to create the world’s first MPC-based hardware wallet

The startup plans to deploy funds to create the world’s first hardware wallet without a seed phrase Cypherock, a hardware wallet startup on a mission to accelerate web3 adoption, has raised $1 million from an array of reputable industry leaders including Consensys Mesh, Infinite Capital, Gnosis, Stefan George (Gnosis), Sandeep Nailwal (Polygon), Mahin Gupta (Zebpay […]

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