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Cybercrime ringleader Malone Lam pleads guilty in $245M crypto theft conspiracy

Cybercrime ringleader Malone Lam pleads guilty in $245M crypto theft conspiracy

Singaporean national Malone Lam pleaded guilty to participating in a racketeering conspiracy that used social engineering and home break-ins to steal and launder more than $245 million in cryptocurrency.On Tuesday, the US Justice Department said that Lam organized the international operation, identi…

Hemi Releases Postmortem on Genesis Drop Exploit

Hemi Releases Postmortem on Genesis Drop Exploit

Hemi released a postmortem report on the Genesis Drop exploit that occurred on September 7. According to Foresight News, the attacker used a MerkleBox smart contract vulnerability in Hemi's Genesis Drop at 03:36:47 UTC on September 7 to steal about 124.5 million unclaimed tokens.The report said the …

Cybercrime ringleader Malone Lam pleads guilty in $245M crypto theft conspiracy

Cybercrime ringleader Malone Lam pleads guilty in $245M crypto theft conspiracy

Singaporean national Malone Lam pleaded guilty to participating in a racketeering conspiracy that US prosecutors say used social engineering and home break-ins to steal and launder more than $245 million in cryptocurrency.On Tuesday, the US Justice Department said that Lam organized the internationa…

Stacks: 21Shares Stakes Bitcoin Treasury in Genesis Bond Cohort - By 10 Sep 2026

Stacks: 21Shares Stakes Bitcoin Treasury in Genesis Bond Cohort - By 10 Sep 2026

21Shares will stake its own Bitcoin treasury in the inaugural institutional cohort of the Stacks Genesis Bond, a Bitcoin staking program on Stacks launching around September 10. As the largest crypto ETP issuer, 21Shares is committing corporate BTC holdings directly to the network rather than only o…