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Crocodile Lichtenstein sentenced to five years

15 Nov 2024 1 minute read 1 comment Yugocean

Crocodile sentenced      Bitfinex hacker Ilya Lichtenstein has been sentenced to five years in prison by the District of Columbia Court. Lichtenstein was originally supposed to be sentenced to 25 years, but the DoJ had recommended prosecutors reduce...

Bitfinex Foils Attack and Saves XRP, USDT

15 Jan 2024 1 minute read 0 comments Yugocean

     Hackers cause damage to the crypto world, but on January 14-15, Bitfinex prevented an XRP attack, and saved itself, XRP, USDT from a big loss.   An unsuccessful attack      On January 14-15, Bitfinex faced a "Partial Payments Exploit," this is...

Low trust level for Tether and Bitfinex

10 Dec 2023 1 minute read 6 comments Yugocean

     Paolo Ardoino's centralized crypto firms Tether and Bitfinex have begun to act on the orders of US authorities, this has lowred trust. Tether controls it's stablecoin    Although the cryptocurrency community advocates for decentralisation, Tet...

El Salvador Bonds Climb the Global Market

17 Aug 2023 1 minute read 3 comments Yugocean

     El Salvador's USD bonds have gained 70% this year, making them the best performers in emerging markets. Due to this, the bitcoin economy is shining in the economic world. Business Interest in BTC Increased      Economic gains in El Salvador ha...