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Home ยป Cryptocurrency Weekend Roundup: Incidents, Departures, and Discoveries

Cryptocurrency Weekend Roundup: Incidents, Departures, and Discoveries

NFT marketplace OpenSea has cautioned its users about a potential security breach involving one of its third-party vendors.

by Isaac lane
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NFT marketplace OpenSea has cautioned its users about a potential security breach involving one of its third-party vendors. While the incident is not expected to have an immediate impact, OpenSea advises users to replace their API keys as a precaution.

Michael Arrington Departs Celsius NewCo

Michael Arrington, founder of Arrington Capital and co-founder of TechCrunch, has stepped down from the board of directors of NewCo, a company associated with Celsius creditors and managed by Fahrenheit. Arrington cited disagreements over board constitution and observers as the reason for his departure.

Venezuelan authorities discovered an unexpected treasure during a prison raid: Bitcoin mining machines. Alongside weapons and explosives, these miners were among the items seized during the operation at Tocoro prison, which was operated by the Tren de Aragua gang.

Mixin Network Falls Victim to $200M Exploit

Mixin Network, a cryptocurrency platform, reported a significant exploit where its cloud service provider was attacked, resulting in an estimated $200 million in asset losses on the mainnet. Deposit and withdrawal services were temporarily suspended while the platform addresses vulnerabilities.

Law firm Fenwick & West, previously associated with FTX cryptocurrency exchange, refuted a class-action lawsuit, denying any involvement in the alleged fraudulent activities of the now-defunct exchange.

Coinbase Achieves AML Compliance in Spain

Coinbase continues its European expansion by obtaining Anti-Money Laundering (AML) compliance registration from Spain’s central bank. This milestone allows Spanish users to securely manage their crypto assets on Coinbase and engage in cryptocurrency transactions in Euro.

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