the US Securities and Exchange Commission (SEC) has requested a budget increase for the 2025 fiscal year, with plans to expand its enforcement and examination division by adding more than 50 new positions. Cryptocurrency is a priority, and additional resources will strengthen the department's ability to respond to critical and constantly changing risks, such as those related to key market infrastructure resilience, network and information security, and risks related to cryptocurrency and emerging technologies. Additionally, the SEC has requested an additional position for its Office of Investor Education, which will primarily focus on handling issues and complaints related to fraud involving securities related to cryptocurrency assets.
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SEC seeks to increase resources related to encryption enforcement review in fiscal year 2025 budget
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Slurpycoin on BSC was attacked by flash loans, and the attacker used the repurchase mechanism to manipulate the token price for profit
According to CertiK Alert monitoring, Slurpycoin on BSC has suffered a flash loan attack. The attacker manipulated the token price using a buyback mechanism and made a profit of about $3,000 from sandwich arbitrage. This attack is also responsible for the $10,000 loss of MRP tokens on July 2. -
Europol seizes over $26 million in crypto from nine drug traffickers
On December 19th, the European police organization collaborated with law enforcement agencies from six countries to dismantle an international drug trafficking group that used cryptocurrency. The operation resulted in the arrest of 9 suspects. During the operation, valuable items including gold and luxury goods, €35,000 in cash, and €25 million in cryptocurrency (equivalent to $26.23 million) were seized. The total value of assets seized was €27 million, equivalent to $28.33 million. -
Phishers forge Ledger emails, send fake security breach notifications to trick users into sharing seed phrases
scammers are forging support emails from hardware wallet manufacturer Ledger, in order to trick users into sharing their seed phrases under the guise of checking for security vulnerabilities. Ledger users have reported that phishing scammers are forging support emails from the cryptocurrency hardware wallet provider in order to trick users into revealing their wallet keys. -
Anthropic X account was hacked, it has been restored and confirmed that no system was damaged
official X account of the artificial intelligence startup company Anthropic was hacked this morning and an unknown token contract address was posted. The tweet has since been deleted. Anthropic stated that the root cause of the unauthorized post on the account has been identified and confirmed that no Anthropic system or service was compromised or involved in this incident. -
Nigeria raids crypto fraud den, nearly 800 suspects arrested, including citizens of many countries
the Economic and Financial Crimes Commission (EFCC) of Nigeria raided a cryptocurrency scam center in Lagos on December 10th, arresting 792 suspects, including 148 Chinese citizens and 40 Filipino citizens. The organization primarily targeted North American and European users for Ponzi schemes, forcing victims to transfer funds for false cryptocurrency plans and other non-existent projects. -
ZachXBT: LastPass attackers stole approximately $5.36 million in crypto assets from more than 40 addresses
On December 17th, Chain analyst ZachXBT revealed that LastPass attackers launched attacks on more than 40 victim addresses, stealing approximately $5.36 million in encrypted assets. The attacker then exchanged the stolen funds for ETH and transferred the assets from the Ethereum network to the Bitcoin network through multiple instant exchanges, attempting to conceal the flow of funds. -
On-chain trading tool SolTradingBot suspected of being attacked
On December 17th, according to community reports, the on-chain trading tool SolTradingBot was suspected to have been attacked, and some users reported that their funds were stolen. Please be aware of the risks. -
Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected
The Republican candidate laid out a plan for crypto policies should he win in November against prospective Democratic presidential nominee Kamala Harris.
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Cointime June 29th News Express
1. In the past 24 hours, the transaction volume of Pudgy Penguins was nearly 2 million US dollars, an increase of nearly 700% -
The US SEC has returned the S-1 form to the potential Ethereum ETF issuer with a few comments, asking it to fix the problem and resubmit.
The US Securities and Exchange Commission has returned the S-1 form to the potential Ethereum ETF issuer with some comments, asking them to address the issues and resubmit. Sources say that at least one more round of review is needed before these measures can take effect. The issuer has reportedly been asked to address these comments and resubmit before July 8th. Sources note that this will not be the final declaration after the form is returned, meaning that at least one more declaration is needed before the ETF can begin trading.
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