Headlines

North Korean Hackers Use Memecoins to Launder Funds From $6.3 Billion Binance Hack

North Korean hackers behind the $6.3 billion Binance theft have created their own memecoins to disguise part of the stolen cryptocurrency, using fake trading activity to make illicit funds appear as legitimate market proceeds. The attackers moved approximately 117,000 NEAR tokens, worth $430,000, through six newly created memecoins between November 5 and 7, according to…

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Tron, Tether and Chainalysis launch task force to fight AI crypto scams

Tron, Tether and blockchain analytics firm Chainalysis have launched a new crime-fighting partnership to track stolen cryptocurrency and help authorities freeze illicit funds as criminals increasingly use artificial intelligence in scams. Summary Tron, Tether and Chainalysis launched a joint task force targeting illicit USDT activity on Tron. The initiative plans to track suspicious wallets and…

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Polymarket Trims Staff and Contractors as It Eyes Going Public: Report

Key Takeaways Polymarket cut some staff and reduced its contractors, especially in marketing, Front Office Sports said. A source called viral claims of a 30% workforce cut inaccurate; Polymarket declined to give numbers. Two sources said the shake-up aims to “professionalize” Polymarket before a possible go-public deal. Contractors Told Their Agreements End Nov. 4 Polymarket…

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