South Korea arrests Bitsonic CEO for allegedly stealing .5M of users’ money

South Korea arrests Bitsonic CEO for allegedly stealing $7.5M of users’ money

According to South Korean news outlet Chosun Biz, Jinwook Shin, the CEO of crypto exchange Bitsonic — who is under investigation for stealing investments and deposits from exchange users — was arrested by South Korean…

Arbitrum-based Jimbos Protocol hacked, losing .5M in Ether

Arbitrum-based Jimbos Protocol hacked, losing $7.5M in Ether

Adding to the growing number of decentralized finance (DeFi) protocol hacks in the crypto industry, Jimbos Protocol is the latest to suffer an attack resulting in a significant loss of funds. According to…

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