Protos

Protos

We understand that cryptocurrency can be confusing. However, it doesn’t need to be that way. The rise of digital currency should simplify things, not complicate them; it should provide clarity, not confusion.

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  • 1 day ago | protos.com | Mark Toon

    Top decentralized exchange Curve Finance has warned users to avoid its curve.fi website due to an ongoing DNS hijacking attack, which redirects users to a malicious wallet drainer. Last week, Curve’s X account was hacked to promote a phishing website, another common scam facing crypto users.

  • 1 day ago | protos.com | Mark Toon

    The criminal trial of former SafeMoon CEO John Karony entered its second week with testimony from Henry “Hank” Wyatt, a SafeMoon staffer who handled communications until his resignation in September 2021. Wyatt, under questioning from prosecutors, testified that Karony, SafeMoon creator Kyle Nagy, and CTO Thomas “Papa” Smith jointly approved content for SafeMoon’s website in March of that year that misrepresented the nature of its tokenomics.

  • 2 days ago | protos.com | Mark Toon

    Eyebrows were raised across the crypto community yesterday following Lido’s announcement of a compromised oracle key and the emergency vote to replace it. While some commentators called the incident “alarming,” especially given recent, high-profile hacks, others stressed that fears were overblown. Lido’s message reassured users that it “remains secure and fully operational” whilst underlining that all other signers of the “five of nine” oracle were secure.

  • 5 days ago | protos.com | Jacob Lyon

    Celsius founder Alex Mashinsky will reportedly see out his 12-year prison sentence in a facility that was once described by Forbes as “Bernie Madoff’s desired retirement home.”The FCI Otisville facility, located in the State of New York, is divided into a minimum security camp and a medium security prison. Judge John Koeltl sentenced Mashinsky for fraud relating to the manipulation of Celsius’s token and recommended that he go to the FCI Otisville Camp.

  • 5 days ago | protos.com | Jacob Lyon

    Jeffy Yu, the Zerebro co-founder who faked his own suicide before exploiting the ensuing controversy to launch a legacy-themed crypto token, has been found alive at his parents’ house in San Francisco. Yu apparently killed himself on a Pump Fun live stream, shortly after he published a manifesto on the concept of “Legacoins” — a term he created for a new type of memecoin that would somehow enshrine a dead person’s crypto holdings.