The British phishing scam orchestrated through Labhost led to Zak Coyne’s arrest at Manchester Airport and subsequent 8-year prison sentence. The sophisticated fraud platform provided criminals with fake government and banking websites, resulting in over $42 million USD in UK losses and affecting victims across 91 countries.
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Category: Cryptocurrencies
NASDAQ-listed Japanese Beauty Clinic Operator SBC Completes $418k Bitcoin Purchase
The NASDAQ-listed Japanese beauty and cosmetic surgery clinic operator SBC Medical Group Holdings has completed a Bitcoin (BTC) purchase worth over $418,000.
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Is Bitcoin Gearing Up for a Breakout? Price Analysis Ahead of Fed Update
Bitcoin hovers near $85.6K as inflation jumps to 3.6% and job fears spike. Investors eye Fed guidance and macro signals for BTC’s next big move.
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KiloEx Warns Hacker After $7M Exploit, Offers 10% Bounty or Legal Action
KiloEx offers a 10% bounty to the hacker behind a $7.5M exploit, urging the return of stolen funds while warning of legal action and enhanced efforts to recover assets across multiple blockchain networks.
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Story Protocol Token Rebounds After Sudden 29% Drop Amid Manipulation Allegations
Wintermute’s April 14 report showed Bitcoin’s resilience during broader market decline, contrasting with troubling cases of token price manipulation. Story Protocol’s $IP token crashed 29% before rebounding, just a day after Mantra’s $OM collapsed 90%, raising questions about market integrity in newer tokens.
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Fartcoin Faces Massive Whale Exit – But Analysts Still See Triple-Digit Upside
Fartcoin has jumped by 8% in the past 24 hours, with analysts and traders predicting that the token will soon shoot through the $1 level.
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Mantra Collapse Sparks Debate on Trust in DeFi, Says Analyst
Mantra (OM) token experienced a catastrophic DeFi collapse on April 13, losing 90% of its value and erasing $6 billion in market cap. Despite no confirmed hack, large token movements before the crashed raised suspicions of insider trading. Analyst Jean Rausis warned about overhyped Layer 1 blockchains suggesting a return to fundamentals like Ethereum.
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Decentralized Exchange KiloEX Freezes Platform Following $7.5M Exploit
Decentralized exchange KiloEX halted operations Tuesday after hackers stole $7.5m, triggering an urgent security investigation.
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US Government Considering Buying Bitcoin Using Tariff Revenue: Bo Hines
The White House is considering using tariff revenue to fund Bitcoin purchases without adding to the federal budget, according to adviser Bo Hines.
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Canada Readies Solana ETF Rollout as Regulators Give Go-Ahead
Canada will launch North America’s first spot Solana ETFs with staking on April 16, following OSC approval of four issuers.
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