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Security & incidents
Hacks, vulnerabilities, fraud, asset loss and security-control disclosures.
Image: The BlockBitMEX will close September 23 as former customers bring new fraud claims
BitMEX has stopped new registrations and announced a September closure timetable. A separate proposed class action alleges the exchange operated an undisclosed trading desk and manipulated liquidations; those claims have not been adjudicated.
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The BlockBitMEX will close September 23 as former customers bring new fraud claims
BitMEX has stopped new registrations and announced a September closure timetable. A separate proposed class action alleges the exchange operated an undisclosed trading desk and manipulated liquidations; those claims have not been adjudicated.
crypto.news via LBankAmericanFortress Proposes Quantum-Safe Crypto Wallet Scheme Amid Growing Threat Landscape
According to reporting by LBank News and crypto.news, AmericanFortress has introduced a proposal named ZK-PoSP designed to protect existing wallet addresses through zero-knowledge proofs without requiring fund migration or key rotation. The initiative remains a theoretical proposal that is not officially confirmed by major network developers and requires substantial node-level upgrades.
The BlockNFL reportedly asks CFTC for stronger sports prediction-market safeguards
A reported NFL letter seeks tighter rules on vulnerable contracts, insider information, advertising, age limits, margin and the review period for sports event contracts.
New York Attorney GeneralNew York Attorney General urges Congress to preserve state crypto-enforcement powers
Attorney General Letitia James warned that the CLARITY Act could restrict state investor-protection laws and called for stronger surveillance, anti-fraud and platform-liability provisions.
theblock.co via LBankNew York Attorney General Warns Proposed Clarity Act Threatens State Fraud Prosecution Powers
According to reporting by LBank News and originating from The Block, New York Attorney General Letitia James submitted written testimony warning that the federal Clarity Act would dilute state-level investor protection authorities. This development, which remains not officially confirmed by direct legislative bodies, highlights intense legislative pressure as Washington lawmakers attempt to secure a Senate floor vote.
Unsplash / Norbert BraunThai SEC files criminal complaint over Bitkub reporting after a 1.7 billion baht cyberattack
Thailand’s SEC says a May 2021 cyberattack removed customer assets in 16 cryptocurrencies and alleges that Bitkub and former directors submitted reports that did not reflect the material change.