#cryptocurrency-and-illicit-funding

#cryptocurrency-and-illicit-funding

"Earlier today, a malicious actor gained unauthorized access to Drift Protocol through a novel attack involving durable nonces, resulting in a rapid takeover of Drift's Security Council administrative powers."

Reports suggest that Stripe is considering a PayPal acquisition, although negotiations on the subject are in early stages with no guarantee of going through.

The incident, Drift said, was a 'highly sophisticated operation' involving 'the use of durable nonce accounts to pre-sign transactions that delayed execution' and the compromise of multisig signers' approvals.

MARA Holdings has begun a series of company-wide layoffs affecting multiple departments, marking the latest shift in the firm's broader restructuring strategy.

Documents published last week by the US Department of Justice reveal Epstein bankrolled the principal home and funding source for bitcoin, the world's largest cryptocurrency, during its nascent stages; he also invested $3m in Coinbase in 2014, the largest cryptocurrency exchange in the US, and cut a check that same year to Blockstream, a prominent bitcoin-focused technology firm. Both crypto startups accepted Epstein's investments in 2014 six years after his 2008 conviction in Florida for soliciting prostitution from a minor.

The proposed rule establishes broad principles to guide the determination of whether state-level stablecoin regulatory regimes are 'substantially similar' to the federal framework, allowing smaller issuers to remain under state supervision.

As well as millions of customer names and contact details, the databases show how much money people had spent at the stores. The hacker the BBC spoke to says he purchased the spreadsheets for $300,000 (£224,000) in order to target the biggest spenders. He claims to have used the information along with details from another stolen database to scam multiple Coinbase users out of at least $1.5m (£1.1m) in crypto.