Listed here are the highest crypto information of the day curated by CoinChapter.com
Hamster Kombat Sport Focused by Scammers
Gamers of the favored cellular sport Hamster Kombat are being focused by scammers. These criminals use faux affords of free cash or cash to trick gamers into freely giving their login info and cryptocurrency. The scams embody phishing assaults, faux airdrops, and fraudulent web sites.
Hamster Kombat has grown quickly, gaining 239 million customers in 81 days and including 4-5 million new customers every day. This reputation has made it a horny goal for scammers. Cybersecurity consultants warn gamers to be cautious about clicking hyperlinks or getting into their info on unfamiliar web sites.
Crypto Information: Hong Kong Checks New Digital Cash System
Hong Kong is testing stablecoins, with a number of massive firms collaborating. The challenge goals to make funds sooner and cheaper, and discover makes use of in provide chain administration and monetary markets. Contributors embody Commonplace Chartered Financial institution, Animoca Manufacturers, and Hong Kong Telecommunications.
Whereas the take a look at is underway, the Hong Kong Financial Authority has warned that collaborating firms can elevate funds from the general public or supply funding merchandise associated to the sandbox. This challenge is a part of Hong Kong’s broader effort to develop into a pacesetter in digital finance.
Hacker Converts Stolen Crypto to Ether
A hacker who stole $230 million price of cryptocurrency from WazirX, an Indian crypto change, has transformed many of the stolen belongings into Ether. They now maintain roughly 59,097 ETH, price about $150 million. The remaining $15 million is in numerous different cryptocurrencies.
The hack focused WazirX’s multisig pockets on the Ethereum community, stealing over 200 totally different crypto belongings. In response, WazirX has paused all withdrawals. Blockchain analytics companies recommend that the hack could also be linked to North Korean hackers.
Crypto Information: Twister Money Resurged Regardless of Ban
Twister Money, a cryptocurrency mixer banned by U.S. authorities, has seen a stunning improve in utilization in the course of the first half of 2024. Regardless of ongoing sanctions, the service has obtained $1.9 billion in deposits, a 50% improve from the whole deposits in 2023.
Authorities sanctioned platform in August 2022 after it was revealed that North Korean hackers had used it to launder illicit funds. These sanctions successfully blacklisted any pockets interacting with the protocol, making it almost not possible to withdraw funds by way of compliant exchanges.
South Korea Enforces New Crypto Guidelines
South Korea has begun imposing new laws for cryptocurrency firms. These companies should now monitor and report suspicious transactions, aiming to guard customers’ belongings and stop unfair buying and selling practices equivalent to price manipulation.
The brand new guidelines give monetary regulators the authority to oversee, examine, and sanction digital asset buying and selling platforms. The federal government expects these measures to assist set up a sound order within the cryptocurrency market and permit for extreme penalties towards these partaking in unfair buying and selling actions.
Comply with CoinChapter to remain up-to-date on the most recent crypto information and insights.