Study Reveals Dark Side of Influencer-Promoted Memecoins: 76% End in Failure
A comprehensive CoinWire study analyzing 1,500 memecoins reveals that 76% of influencer-promoted tokens become worthless, with 86% crashing within three months. Surprisingly, smaller influencers achieved better results while larger accounts led to worse outcomes for investors.
UEEx Exchange Unveils Groundbreaking User Protection Policies on 3rd Anniversary
Major crypto exchange UEEx marks its third anniversary by introducing comprehensive trader protection measures against market volatility and security breaches. The platform pledges to investigate flash crashes and reimburse affected users while implementing enhanced security protocols.
Iranian Hackers Target 'Mossad Coin': SSV Protocol Under Attack
Iranian state-sponsored hackers have allegedly breached SSV, a cryptocurrency staking protocol dubbed the 'Mossad coin' due to reported Israeli intelligence connections. The incident highlights escalating cyber tensions between Iran and Israel while raising concerns about security in politically-linked crypto projects.
Historic MacBook That Cracked $3.6B Bitcoin Heist Joins Smithsonian
A 2019 MacBook Pro used by IRS investigators to recover billions in stolen Bitcoin has found a new home in the Smithsonian's numismatic collection. The laptop, which helped crack the largest financial seizure in DOJ history, now sits alongside ancient forms of currency to showcase humanity's evolving relationship with value.
Crypto Heist Mastermind Behind $4.5B Bitfinex Hack Sentenced to 5 Years
Ilya Lichtenstein receives a 5-year prison sentence for orchestrating the 2016 Bitfinex cryptocurrency exchange hack that stole nearly 120,000 Bitcoin. Law enforcement recovered $3.6 billion of stolen funds through unprecedented cooperation, marking a major breakthrough in crypto-crime investigations.
Memecoin Trader Loses $6M in Sophisticated Zoom Phishing Scam
A prominent memecoin trader falls victim to a clever phishing attack, losing $6 million in cryptocurrency assets through a fake Zoom link. This incident highlights the growing sophistication of cybercriminals targeting the digital asset space.
Unichain Security Breach Triggers Memecoin Chaos and Platform Shutdown
A developer access leak on Unichain led to a flood of memecoins, forcing the platform to shut down. Users are left stranded as the team works to secure the network and restore operations.
North Korean Hackers Target Crypto Firms with Sophisticated Mac Malware
A new cybersecurity threat dubbed 'Hidden Risk' is targeting cryptocurrency firms using sophisticated Mac malware. Linked to North Korean hackers, the campaign uses phishing emails and malicious applications to gain access to sensitive information and potentially steal cryptocurrency.