BTC.com, BitKeep & Defrost Finance Hacked, North Korea Stolen 1,000 NFTs, Japan To Lift Stablecoin Ban

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Here is a daily summary ofcryptocurrency news and blockchains. Discoverlatest information about cryptocurrencies.

Security news

  • The massive BT cryptocurrency mining poolC. com was subjected to a cyber attack on December 3rd. This news was announced today by its parent company, BIT Mining Limited. She said “some digital assets were stolen,” including approximately $700,000 in assets belonging to BTC.com customers and $2.3 million in assets belonging to the parent company. She reported the incident to law enforcement authorities in Shenzhen, China.
  • BitKeep Cryptocurrency Wallet confirmed to have been hacked. He says: “Some APK package downloads are suspected to have been hijacked by hackers and installed with code implanted by them. If your money is stolen, the app you download or update may be an unknown (unofficial release version) hijacked.” He encouraged users to transfer funds to a wallet from official sources (Google Play or App Store) and use the address of the newly created wallet, as the old version may be vulnerable to hackers.”
  • The Decentralized Finance Protocol Defrosting Finance announced that it was hacked on December 23, stating that it was a “flash lending attack. This led to funds being drained to V2”, while “the same hacker, or another, also managed to steal the owner’s key for a much larger second attack on V1.” However, blockchain security firm Peckshield mentioned “community-sourced intelligence”. According to her, the exploitation could have been a set-up with losses of 12 million dollars. Blockchain security firm Certik wrote that it “attempted to contact multiple team members but received no response.”
  • A cryptocurrency wallet linked to the APT group (advanced persistent threat) North Koreans stole 1,055 non-fungible tokens (NFTs) this year. According to a report by blockchain security firm SlowMist, this wallet earned 300 ETH from their sale. According to this report, the North Korean APT group targeted cryptocurrency and NFT users with a phishing campaign that used nearly 500 different domain names.

Regulatory news

  • According to NikkeiThe Financial Services Agency (FSA) of Japan will lift the ban on the domestic distribution of stablecoins issued abroad as early as 2023. In fact, Nikkei tells us that “If payment with stablecoins becomes widespread, international transfers could become faster and cheaper.”

Legal news

According to Bloomberg, the US federal judge is overseeing the case of Sam Bankman-Fried, founder of The FTX platform, said no. Ronnie Abrams said in a court order Friday that the law firm Davis Polk and Wardwell LLP, where her husband is a partner, advised FTX in 2021. She claims that “My husband was not involved in any of these representations… Nevertheless , To avoid any possible conflict, or the appearance of a conflict, the court hereby recuses itself from this action,” she reportedly said.

Crypto exchange news

  • bitten said it launched “MegaSwap,” a new feature on its platform that allows users to trade or exchange their digital assets for over 10,000 cryptocurrencies in a decentralized finance (DeFi) environment. Users can access exchanges through eight blockchains and ten decentralized exchange (DEX) platforms. This feature allows them to trade while remaining on the Bitget platform.

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