Europe sees ‘hyperconcentration’ of crypto wrench attacks as losses hit $101M

Criminal teams behind wrench attacks usually consist of three to five people, often posing as delivery drivers or luring victims into ambushes, said CertiK.

Criminal teams behind wrench attacks usually consist of three to five people, often posing as delivery drivers or luring victims into ambushes, said CertiK.

Swyftx’s Pav Hundal says Zcash is surging amid concerns about artificial intelligence, quantum computing and financial surveillance.

Chaos Labs said it rotated all keys after the weekend attack attempt and has not detected further suspicious activity.

Samourai Wallet co-founder Keonne Rodriguez said mounting legal debt and fading pardon hopes could force him to serve his full prison sentence.

BG Wealth Sharing, according to authorities, claimed to provide guidance on crypto trading, advertised heavily on social media and offered “daily profit opportunities.”

Bryan Pellegrino, co-founder and CEO of LayerZero, disputed Kelp DAO’s accusations and said a postmortem by external security firms will be published soon.

Aave argued that a thief doesn’t gain lawful ownership of property by stealing it and that Gerstein Harrow’s legal argument “defies logic, common sense and the law.”

Gerstein Harrow has filed similar cases in the past, arguing its clients have a claim to funds stolen by the DPRK and frozen by crypto firms.

John Palmer, a developer and brand adviser, agreed, said it "feels like a bug" to call them stablecoins and that they should have a self-defined and non-reactionary name.