Coinbase users lose over $65m in widespread scams

Crypto sleuth ZachXBT urges Coinbase to take action after its users reportedly got scammed for tens of millions from Dec. 2024 to Jan. 2025 alone. In a viral thread that has reached millions of views, ZachXBT and zeroShadow web3 security investigator tanuki42 compiled reports from Coinbase users who lost their funds in a series of […]
US authorities indict Canadian national behind $65m KyberSwap, Indexed Finance hacks

Federal prosecutors in the United States have charged a Canadian national with exploiting vulnerabilities across two decentralized finance protocols, alleging he stole millions in cryptocurrency and attempted to cover his tracks. Andean Medjedovic, a University of Waterloo mathematics graduate, has been indicted for wire fraud, computer hacking, attempted extortion, and money laundering in connection with […]
Sei Foundation launches $65m DeSci venture fund

Sei Foundation has unveiled a $65 million venture fund aimed at investments in the decentralized science ecosystem. In an announcement first published by The Block, the Sei Foundation said its “Sapien Capital – Open Science Fund I” will look to invest in DeSci projects building on the layer 1 blockchain Sei (SEI). With the crypto […]