WhiteBIT’s W Group Backs SwapGlobal’s Push Into Pre-IPO Derivatives

W Group, the ecosystem behind crypto exchange WhiteBIT, has invested in derivatives provider SwapGlobal. The October 23 announcement disclosed no deal value and said the company’s first pre-IPO transactions were being prepared. TL;DR: SwapGlobal is preparing institutional pre-IPO derivatives with backing from W Group. The planned exposure would convey a contractual payoff, without ownership of […]

Electrum Wallet Attack Hid Bitcoin Theft Behind a Fee Increase

A malicious bitcoin wallet server could quietly swap a legitimate payment for a thief’s transaction, then wait for its owner to approve the theft. Electrum’s latest security patch closes that loophole after attackers exploited the flaw and stole funds. Malicious Servers Turn Bitcoin Fee Bumps Into Theft Electrum released version 4.8.3 on Saturday, warning users […]