Search results for "FOUND"
2026-04-14
04:01

An American musician stole 5.9 BTC by impersonating a Ledger app, resulting in losses of about $420k

Gate News message: On April 13, American musician Garrett Dutton (stage name G. Love) downloaded and used an application that impersonated a Ledger wallet from the App Store. After he entered his recovery phrase, 5.9 BTC was stolen, for an estimated loss of about $420k. On-chain analyst ZachXBT found that the attacker had moved the stolen Bitcoin through some
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BTC-0,52%
03:47

Research discloses security vulnerabilities in third-party AI routers that could allow cryptocurrency to be stolen

University of California researchers warn that some third-party AI large language model routers have security risks, which could lead to crypto assets being stolen. Testing found multiple routers injecting malicious code to steal credentials. Developers are advised to avoid transmitting private keys through AI agents and to strengthen security measures.
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ETH-0,42%
04:09

Bank of America research report: The global economy’s dependence on oil has fallen to one-third of what it was in the 1970s. Huatai Securities says gold’s safe-haven appeal has stopped working

A U.S. bank research report said that since the 1970s, the global economy’s reliance on oil has declined, and the oil required now is only one-third of that at the time, with economic resilience strengthening. In addition, Haitong Securities’ analysis found that gold did not exhibit safe-haven characteristics; after experiencing a pullback due to geopolitical shocks, it rebounded.
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00:31

A certain CEX founder: I haven’t seriously considered acquiring another CEX; I’m not very interested in helping its founder.

A CEX founder revealed in his autobiography that in 2022 he attempted to acquire another CEX, but the tens of billions of dollars in funding demands made by the other party did not actually move the deal forward—the letter of intent was only for evaluating data. The platform’s collapse ultimately hinged on a buyback proposal from the former CEO of an affiliated company, which triggered market short-selling and caused massive capital outflows. Another industry communication group was also scrutinized by regulators, but no manipulation was found.
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FTT-1,78%
00:32

Indonesia convicts cryptocurrency terrorism financing case using blockchain evidence; three people found guilty

Gate News message, April 7, Indonesian authorities recently convicted three defendants on terrorism financing charges involving cryptocurrency, becoming one of the first terror-financing conviction cases in Southeast Asia supported primarily by on-chain blockchain evidence. One of the defendants transferred more than 49,000 USDT to an overseas exchange through 15 transactions, and the flow of funds is linked to networks associated with ISIS. None of the three defendants directly participated in a terrorist attack; their role was characterized as the “financial logistics layer” of a terrorist organization.
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09:16

Korea’s FSC requires exchanges to set up an asset reconciliation system every 5 minutes, to be deployed by the end of May

The Korea Financial Services Commission requires all cryptocurrency exchanges to set up a system to verify assets every 5 minutes, and to complete it by the end of May. It found that some exchanges’ verification frequency is insufficient and that there are defects in their trading circuit breaker mechanisms; all exchanges are required to publish their asset balances and submit to audits. The regulatory measures stem from an operational mistake at an exchange in February.
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BTC-0,52%
05:02

Drift Protocol suffers losses of about $280 million from a new type of attack, and management control is taken over

Drift Protocol recently suffered a complex attack. Malicious actors used the durable nonce technology to obtain unauthorized administrative privileges, resulting in approximately $280 million in funds being withdrawn. The investigation found no program vulnerabilities; it may involve social engineering. Drift has frozen protocol functionality and updated the multisig to protect assets.
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