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Crypto sleuth ZachXBT has claimed his second bug Bounty after submitting ‘definitive’ evidence of the KYC-deposit address used by a Hack er to cash in on the $235 million WazirX Hack .  Arkham posted the bounty this morning offering 5,000 ARKM (~$8200) to anyone able to identify the KYC centralized exchange deposit, the exploiter’s identity, or help return stolen funds. Indian crypto exchange WazirX was hacked on July 18 and funds, including $100 million worth of SHIB and $52 million in ETH have reportedly already been sold. The completed WazirX bug bounty awarded to ZachXBT. Read more: Is CertiK running a BS bug bounty program? ZachXBT told Protos that he was already following the WazirX hack and that submitting evidence for the bounty was as simple as exporting a graph. He added that it wasn’t super difficult to identify the relevant centralized exchange deposit address.  He also shared his method of tracking the exploiter’s transactions, noting that the WazirX...

Tech entrepreneur and former rapper Jeffrey Huang, known as Machi Big Brother online, crossed the $10 million benchmark in NFT losses on Thursday when several were dumped at once. Huang first found success as an original member of 90s hip-hop group L.A. Boyz — famous in Taiwan — and has since become known as an NFT collector and serial entrepreneur. According to crypto analyst ZachXBT, however, Machi Big Brother’s business dealings aren’t quite in tune. Controversy was stirred within the crypto community last week when Huang filed a defamation lawsuit against ZachXBT over a Medium article that showed on-chain data suggesting Huang embezzled from his former company. According to the sleuth, Formosa Financial promised Binance and other investors it would launch a centralized crypto exchange — instead, its founder Huang embezzled 22,000 ether in 2018 (worth $41 million at press time). “I have consistently maintained that the allegations in his article are false. I ...