Everything web3, crypto, defi, degen
In brief Five individuals have pleaded guilty in connection with FireBunnyUSA, a dark web vendor that distributed cocaine, MDMA, and ketamine between 2019 and 2022. Ringleader Nan Wu received a 6 1⁄2 year prison sentence and was ordered to forfeit 20 BTC, 3,297 XMR, and $12,857 in cash. The ring converted Monero into Bitcoin and…
In brief Interpol and Afripol have arrested 83 individuals as part of an operation combating terrorism financing, while flagging $260 million in illicit crypto and fiat. The operation included participation from private partners such as Binance, which provided blockchain data and forensic tools. Crypto is increasingly featuring in cybercrime in Africa, according to Interpol, but…
In brief Qubic has given AIGarth, the AI model it has been training while it attacked privacy blockchain Monero, a social media account. AIGarth has faced public ridicule after it failed to solve basic math problems, such as 1+1. However, its creators say that its failures are part of a learning process, and come from…
In brief Qubic attempted a 51% attack on Monero last week, and still aims to change how the network’s consensus mechanism works. After a community Discord vote, Qubic will now prepare to see if its unique design works for Dogecoin. The AI protocol currently has no plans to attack Dogecoin; it just wants to “mine…
In brief Charles O. Parks III, aka “CP3O,” has been sentenced to just over a year in prison for a $3.5 million cryptojacking scheme. Parks mined nearly $1 million in cryptocurrency using stolen cloud computing power. He has forfeited $500,000 and a Mercedes-Benz, with restitution pending. A Nebraska man has been sentenced to one year…
In brief Qubic said that it had momentarily achieved control of 51% of the hash rate of privacy blockchain Monero. The firm said the event was an “experiment” and a way to “help” the network. However, a few experts said there had been no independent verification of the attack. AI protocol Qubic said it had…
In brief The price of Monero (XMR) has dropped 15.96% on the week so far. XMR investors are rushing for the exists as news spreads of a 51% network attack by the Qubic mining pool. The charts show bearish momentum is accelerating. The majority of the crypto market may be rejoicing today, but the king…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors mixed ahead of CPI; ETH leads +2% to $4,280 ETH ETFs post first $1B day; Tom Lee acquires 1.2M ETH…
In brief At least 3,500 websites are running a hidden Monero mining script delivered through a malicious injection chain. Attackers reused access from past campaigns, targeting unpatched sites and e-commerce servers. The malware keeps a low profile, limiting resource use to avoid triggering suspicion or security scans. Hackers have infected more than 3,500 websites with…
March 23, 2017 | Product Since launching Monero (XMR) on January 2nd, trade volumes have been steadily increasing and we are ready to enable margin trading for Monero pairs. Which currency pairs and leverages are available? XMR/XBT: 2x,3x XMR/USD: 2x XMR/EUR: 2x What are our XMR limits? XMR limits depend on the verification level of…
