Ryder Ripps and Jeremy Cahen had their countersuit against Yuga Labs dismissed and were ordered to pay the digital collectibles company nearly $9 million in damages.
JinseFinanceYuga Labs won a legal victory over Ripps and Cahen, who must pay $9M and transfer all related NFTs and intellectual property, setting a significant precedent in NFT copyright law.
WeiliangShiba Inu, a once-obscure meme coin, saw a $1000 investment in 2020 skyrocket to $9 million in January 2024, yielding an unprecedented 907599.52% return. Despite an 89% decline from its peak, early backers continue to hold onto once-in-a-lifetime returns, showcasing the remarkable but unpredictable nature of the crypto market.
JoyExplore the dramatic story of a $9M Dogwifhat trade on Solana, its 60% loss due to slippage, and key lessons for cryptocurrency traders. Understand the risks and strategies in the volatile world of crypto trading.
WeiliangdYdX's post-mortem report on the November attack outlines details of the orchestrated attempt, including the identified attacker and their strategies. The platform took corrective measures, enhanced security protocols, and plans to implement advanced features in its v4 chain to prevent such incidents in the future. No customer funds were affected during the attacks.
EdmundA trader turned $900 into $3.47 million in five days by trading Solana's meme token ANALOS, achieving a profit over 3,800 times their initial investment.
AlexJinseFinanceAntonio Juliano, founder of decentralized finance (DeFi) protocol dYdX, provided insights into the investigation of the $9 million loss in insurance funds, dispelling suspicions of an exit scam that occurred on Nov. 17.
BerniceShakeeb Ahmed, who was charged in the case, allegedly searched online to find out more information about the attack, criminal liability; he read news articles about the hack. Ahmed also told the exchange that he would return all of the funds, except for $1.5 million, if it didn’t go to law enforcement, according to a statement.
TheBlockThe Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for the $9 million exploit last week.
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