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Trader loses $1.28m in PEPE and other altcoins to Inferno Drainer-linked wallet

A trader lost over $1.28 million worth of cryptocurrencies after signing a malicious permit transaction. According to blockchain security firm PeckShieldAlert, on Oct. 14, a cryptocurrency investor.

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Regulation

TLDR: FCA will relax management and internal control rules for crypto firms while tightening oversight on cyber.

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