[ Engadget ] Crypto.com loses $34 million in hack that affected 483 accounts

In an interview with Bloomberg TV, Crypto.com’s Chief Executive Kris Marszalek has admitted that 400 customer accounts were compromised by hackers. He said his team detected unauthorized transactions made from the accounts, but that they’d fixed the issue immediately and fully reimbursed the affected users. Apparently, 483 accounts were affected and the unauthorized withdrawals totaled 4,836.26 ETH,…

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[ Forbes ] El Salvador Goes On A $21 Million Crypto Buying Spree As Bitcoin Becomes Legal Tender

El Salvador acquired roughly $21 million worth of bitcoin on Monday, President Nayib Bukele announced, buoying the crypto market ahead of making history Tuesday by becoming the first country in the world to formally adopt the digital currency as legal tender.  El Salvador bought its first 400 bitcoins in two lots on Monday—worth an estimated $21 million…

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[ Decrypt ] Dogecoin Foundation Returns With Elon Musk Rep, Ethereum’s Vitalik Buterin as Advisors

The core developers behind Dogecoin, the meme cryptocurrency that seeks to be a global payment method, have announced the members of the renewed Dogecoin Foundation. Its new advisory board includes Ethereum co-founder Vitalik Buterin and Elon Musk representative Jared Birchall, according to a statement shared today by the foundation. Three prominent Dogecoin community members, Gary Lachance, Jens Wiechers…

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