🦎🚀 Don't be lax, you could be next! 🕵️‍♀️

Thursday, November 23, 2023

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox!

I Want My Money Back

Genesis Global Capital has initiated legal action against Gemini Trust Company and participants involved in the Gemini Earn Program, seeking to reclaim alleged preferential transfers valued at around $689 million.

Genesis, a subsidiary of Digital Currency Group, claims that Gemini made significant withdrawals of at least $689,302,000 from Genesis, labeled as "avoidable transfers."

These transactions are alleged to have taken place during a crucial 90-day period leading up to Genesis's Chapter 11 bankruptcy proceedings in January.

In other news, KPMG teams up with Chainalysis, DUST surges thanks to GTA rumors, and the on-chain attackers are back at work.

Read on!

24h Hot Searches Worldwide 🔥

Pyth Network (+26.7%)
Decimated (+25.9%)
Bonk (-2.2%)
HELLO (+7.2%)
Tectum (+33.3%)
AllianceBlock (+14.1%)
WAGMI Games (+5.6%)

Exciting News: We've Acquired Zash🦎🚀

We're expanding our crypto data API offering with our first-ever acquisition of industry-leading NFT data infrastructure & intelligence company, Zash.

Read the full announcement

WhiteBIT's B-Day Is in Full Swing

WhiteBIT's crypto exchange is still celebrating its 5th birthday, and you haven't joined yet? 60 000 USDT in prizes are waiting, don't miss out! There are three ways to celebrate & win, pick yours:

1. Complete five simple steps;

2. Participate in 2 trading tournaments;

3. Or bring your friends.

Choose the way, or combine them all. After all, you set the level! Join to find out all the details and start having fun!

Join WhiteBIT's anniversary celebration

Heikin-Ashi Charts are often used by traders to identify price trends more easily than regular candlestick charts. Learn about how they work and their pros and cons here!

Watch now!

To Curb Crypto Crime

KPMG Canada is teaming up with blockchain analytics firm Chainalysis to enhance its capabilities in combating fraud and criminal activities in the digital assets sector.

The partnership aims to offer advanced blockchain monitoring, support, governance, and risk management for clients, enabling them to comply with evolving crypto regulations and enhance anti-money laundering compliance programs.

CoinDesk

You Need to Calm Down

DUST, the native token for the NFT collection DeGods, rose from $0.62 to nearly $0.80 following an unsubstantiated rumor that the upcoming Grand Theft Auto game would feature the cryptocurrency.

The rumors came about due to the fact that DeGods used Grand Theft Auto's signature font in its Twitter banner.

Decrypt

A Tale of Two Hacks

Crypto exchange HTX and blockchain protocol HECO Chain suffered a combined hack, resulting in a loss of $97 million in various tokens, as confirmed by investor Justin Sun.

Sun assured that HTX would fully compensate for any losses incurred from the exchange.

Additionally, the decentralized exchange KyberSwap faced an attack amounting to nearly $50 million.

CoinDesk