Crypto biz Wintermute loses $160m in cyber-heist, tells us not to stress out

Crypto Currency News

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Today's News

A lot has happened in the world today, from Cambodia scammers luring people into slavery to a major crypto trader losing $160 million in a hack. Here's a look at some of the top stories from today.

Outline

Cambodia scams: Lured and trapped into slavery in South East Asia
Crypto Weekly: the urge to merge
Nasdaq bets big on digital assets despite crypto turmoil
Major crypto trader Wintermute hit by $160 million hack, CEO says
Indonesia to tighten rules for crypto exchanges, ensure more local control
Crypto law firm Roche Freedman fights to stay in bitcoin case after videos surface
Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge
Sign up for the Techscape newsletter: our free technology email
Dow slides 300 points as investors brace for rate-hike decision from the Federal Reserve
Crypto Market Maker Wintermute Loses $160 Million in DeFi Hack
Altcoins are the alternative digital currencies to bitcoin — here's what they are and how they work
Michael Saylor's MicroStrategy buys the dip with fresh $6 million bitcoin purchase, adding to its crypto stockpile
US stocks slip as the Fed begins its policy meeting and the 10-year yield hits a fresh 11-year high
3 Blockchain Stocks You Won't Find Any Gains In
3 Meme Stocks to Avoid No Matter What Anyone Says
Crypto biz Wintermute loses $160m in cyber-heist, tells us not to stress out
What Is a Cryptocurrency Scalping Strategy and How Does It Work?
NVIDIA Unveils RTX 4090 and RTX 4080 Graphics Cards
EA Announces New Anti-Cheat Tech That Operates At The Kernel Level
Ethereum’s merge may put it in the SEC’s crosshairs
Crypto market maker Wintermute loses $160 million in DeFi hack
Nvidia debuts new high-end RTX 4090 GPU after previous generation gobbled up by crypto miners
Why is Iran turning to a new ‘digital rial’?
Slumping NFTs Still Have These Big-Money Fans
Balance of Power: Rep. McHenry on Inflation, Crypto Regs (Radio)
Alameda to Repay $200 Million in Crypto to Bankrupt Voyager
Wintermute Hacked for About $160 Million in Its DeFi Operations
The Quest for Cheaper Bitcoin Mining Power Continues North
Bitcoin Dips Back Below $19,000 as Risk-Off Sentiment Worsens
Peloton's Rower and Web3 Meets 5G (Podcast)

Cambodia scams: Lured and trapped into slavery in South East Asia

Traffickers are forcing thousands of people from across Asia to work in online scam centres.

Crypto Weekly: the urge to merge

From the long-awaited 'Merge' taking place for ether, to a new problem for crypto tycoon Sam Bankman-Fried, this is your weekly roundup of the big stories in alternative currencies. Trevor Koroll reports.

Nasdaq bets big on digital assets despite crypto turmoil

Nasdaq Inc <a href="https://www.reuters.com/companies/NDAQ.O" target="_blank">(NDAQ.O)</a> is placing a big bet on the cryptocurrency market, with the launch of a digital assets business that is aimed at tapping institutional investors.

Major crypto trader Wintermute hit by $160 million hack, CEO says

Hackers have stolen digital assets worth around $160 million from crypto trading firm Wintermute, its CEO tweeted on Tuesday, the latest heist to hit a sector long plagued by cybercrime.

Indonesia to tighten rules for crypto exchanges, ensure more local control

Indonesia's trade ministry plans to issue a new rule governing crypto asset exchanges, requiring two-thirds of the board of directors and commissioners to be Indonesian citizens and reside in the country, a deputy minister said Tuesday.

Crypto law firm Roche Freedman fights to stay in bitcoin case after videos surface

A hotly contested disqualification fight at the 11th U.S. Circuit Court of Appeals should provide a good indication of just how much damage the crypto law firm Roche Freedman is facing after last month’s revelation of surreptitious video recordings of name pa…

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge Reuters

Sign up for the Techscape newsletter: our free technology email

Alex Hern’s look at how technology is shaping our lives, direct to your inboxGet our UK tech editor’s unique insight into the latest goings on in Silicon Valley and beyond direct to your inbox. Sign up to receive our Wednesday email and get the lowdown on eve…

Dow slides 300 points as investors brace for rate-hike decision from the Federal Reserve

The 2-year Treasury yield, which is sensitive to Fed moves, surged as high as 3.983% intraday to hit the highest rate since 2007.

Crypto Market Maker Wintermute Loses $160 Million in DeFi Hack

Wintermute, a leading crypto market maker, has lost about $160 million in a hack, a top executive said Tuesday, becoming the latest firm in the industry to suffer a breach. From a report: Evgeny Gaevoy, the founder and chief executive of Wintermute, disclosed…

Altcoins are the alternative digital currencies to bitcoin — here's what they are and how they work

Altcoins, or alternative coins, are any cryptocurrencies not bitcoin. Learn how altcoins emerged and evolved into a driving force in crypto markets.

Michael Saylor's MicroStrategy buys the dip with fresh $6 million bitcoin purchase, adding to its crypto stockpile

As of September 22, MicroStrategy and its subsidiaries own about 130,000 bitcoins, bought at an average price of about $30,639, per Bloomberg.

US stocks slip as the Fed begins its policy meeting and the 10-year yield hits a fresh 11-year high

The Federal Open Market Committee began its highly anticipated two-day meeting on Tuesday.

3 Blockchain Stocks You Won't Find Any Gains In

Everyone is raving about blockchain technology due to its decentralized nature, wide application, and security. And companies working on this technology have thrived over the past several years. However, as...

3 Meme Stocks to Avoid No Matter What Anyone Says

The meme craze is back again, following a pause for a few months, as evident from the short-squeeze-driven rallies of several struggling stocks lately. As the stock market is expected...

Crypto biz Wintermute loses $160m in cyber-heist, tells us not to stress out

The other Tessier-Ashpool AIs are surely disappointed Cryptocurrency market maker Wintermute says $160 million in digital assets have been stolen from it in a cyber-heist, though it assures customers that everything's fine.…<!--#include virtual='/data_centre/…

What Is a Cryptocurrency Scalping Strategy and How Does It Work?

Scalping sounds brutal but is a little more tame than the name implies.

NVIDIA Unveils RTX 4090 and RTX 4080 Graphics Cards

NVIDIA and its graphics cards continue to push the world of technology forward with power that is climbing exponentially. Amidst the crypto mining craze, graphics cards grew increasingly difficult to find at reasonable prices. Fortunately for consumers, price…

EA Announces New Anti-Cheat Tech That Operates At The Kernel Level

It seems anti-cheat technology is the new DRM. By that I mean that, with the gaming industry diving headfirst into the competitive online gaming scene, the concern over piracy has shifted into a concern over cheating making those online games less attractive …

Ethereum’s merge may put it in the SEC’s crosshairs

Ethereum, the platform that enabled the rise of nonfungible tokens (NFTs), executed a major change last week. The blockchain switched from the energy-intensive proof-of-work consensus model to a proof-of-stake, cutting its carbon emissions by 99% overnight. T…