On January 17th, with cryptocurrency prices being widely routed by risk aversion, Crypto.com flagged a “security incident” that caused the operation to freeze withdrawals. Days later, the Singapore-based exchange announced that hackers had stolen at least $15 million worth of Ethereum (ETH) tokens — and potentially as much as $33 million, according to independent estimates — but pledged to reimburse those affected. Crypto.com faulted some accounts for a lack of 2-factor authentication… Source link
Read More »DWAC dips 10% after short-seller Iceberg bets against stock
Shares of Digital World Acquisition Corp (DWAC), the special purpose acquisition which plans to take former President Donald Trump’s social media venture public slid 10% on Monday afternoon after short-seller Iceberg Research announced it was betting against the stock. “We are short $DWAC,” wrote Iceberg Research in a tweet. DWAC shares had jumped more than 800% over the span of two sessions last week after Digital World Acquisition announced it was taking Trump Media and Technology Group… Source link
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