dYdX
On November 17, dYdX, a decentralized exchange, faced a daunting challenge as it utilized its insurance fund to cover $9 million in user liquidations, a repercussion of what its founder, Antonio Juliano, has described as a "targeted attack" against the platform. Antonio Juliano asserted that this incident also affected the
Fraud
According to cryptocurrency investigator ZachXBT, users who downloaded a fraudulent Ledger Live application from Microsoft's app store lost around $600,000 in Bitcoin BTC. On November 5, the on-chain researcher discovered the fraud known as "Ledger Live Web3." It deceives people into believing that they are installing "Ledger Live," which
Crypto
Sam Bankman-Fried, co-founder of FTX, has been found guilty of fraud, conspiracy, and money laundering by a jury in New York. The verdict was reached in less than five hours of deliberation and includes two counts of wire fraud, and four counts of conspiracy to commit fraud.