OpenSea CEO dismisses $200M hack rumor
Opensea CEO, Devin Finzer, has denied rumors that the NFT marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of Ethereum in his wallet by leveraging a phishing scheme. More than 30 users that “signed a malicious payload from an attacker” had their NFTs stolen.
Crypto prices today: Bitcoin rises 1%, ETH up 3.8%
Bitcoin is currently trading at $39,227, a 1.1% increase over the previous day. Ethereum is up 3.8% over the last 24 hours to $2,748.32. Solana has rallied 10% to $95.32, while Cardano jumped 3% to $0.97. Polygon (MATIC) rose 3.5% to $1.6. The global crypto market cap stands at $1.78T, a 2.02% increase over the previous day.
DBS Bank plans to launch crypto trading services for retail customers
DBS Bank CEO Piyush Gupta announced that the bank plans to launch crypto trading for retail investors this year. The bank will work on making digital assets very easily accessible in the first half of 2022. DBS Bank Ltd is a Singaporean multinational banking and financial services and the largest bank in Southeast Asia in terms of assets.
7 arrested in Rs 40 crore crypto investment fraud In Maharashtra
The number of arrests in the Rs 40 crore cryptocurrency fraud in Nagpur reached 11 on Sunday. A police officer said that the main accused, Nishid Wasnik, used to flaunt his luxurious lifestyle to get people to invest in a firm that he claimed was dealing in Ether. Over 2,000 investors were duped.
Ethereum founder Buterin says Crypto ‘welcomes’ another winter
Vitalik Buterin, co-founder of the Ethereum blockchain, says the crypto universe may benefit from the current retreat in coin prices that’s spooking investors. It is being referred to as another crypto winter. “The people who are deep into crypto, and especially building things, a lot of them welcome a bear market,” Buterin said during an interview with Bloomberg.
“They welcome the bear market because when there are these long periods of prices moving up by huge amounts like it does— it does obviously make a lot of people happy. But it does also tend to invite a lot of very short-term speculative attention,” he said.