Polkadot was launched in May 2020. In a market dominated by Bitcoin and Ethereum, it quickly established itself as the next generation blockchain. The scale and interoperability problems limit Bitcoin's ability to transfer value without the assistance of
FTX reopens claims portal following security incident
The FTX claims portal has returned to full operation after unfreezing user accounts that were affected by a recent cyber security incident which targeted Kroll, the third-party agent managing the creditor claims for the FTX bankruptcy.
In a statement announcing the return to normal operation, FTX asserted that freezing customer accounts was a “precautionary measure” and noted that “additional security measures” have been implemented on the claims platform.
In August, Kroll disclosed that a “SIM swapping” attack allowed a threat actor to gain access to “certain files containing personal information of bankruptcy claimants in the matters of BlockFi, FTX and Genesis.” Following the incident, Kroll froze affected user accounts, though the company claims that no FTX passwords or KYC information were exposed in the breach.
FTX customers have until September 29 to file a proof of claim with Kroll. While it remains to be seen how much value creditors will recover, the judge in FTX’s bankruptcy case recently approved the estate’s plan to begin liquidating its digital assets.
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves
Lummis is a well-known crypto advocate on Capitol Hill with over $100,000 in crypto.
Several analysts argue that shrimp accumulation is good for the Bitcoin network because it makes the asset more decentralized over time.
Tue, 18 Apr 2023More
The growth in BRC-20 tokens comes just two months after the creation of the Bitcoin token fungibility protocol.
The new funds would invest in a wide range of different crypto-related assets including Bitcoin miners and privacy tech.
“Huge DJs” no longer appear at crypto events; instead, attendees are seeing more “well thought out, intelligent questions” being asked.
Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.
Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months.
Alleged fake news poster becomes the first person in China arrested for using artificial intelligence platform ChatGPT.
National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred.
Chinese tech company iFlytek recently made waves with the launch of its “Spark Model,” an AI system it says will surpass ChatGPT by the end of the year.