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Malicious actors have started targeting crypto victims on Telegram, luring them to believe they’re dealing with venture capital investors. Crypto scammers are distributing a malicious software impersonating legitimate venture capital (VC) investors on Telegram. In an X post on Monday, Dec. 4, 2023, Alexandre Masmejean, CEO of Showtime, a crypto marketplace for creators, said he was contacted by FBI agents from the Los Angeles department by phone, who strongly encouraged him to “turn off my WiFi, rotate my wallets, change all my passwords, move my files to a hard drive and entirely wipe out my compromised MacBook.” My experience with the FBI: a wake-up call to public-facing crypto people. “Hey, are you Alexandre Masmejean, CEO of Showtime Technologies, Inc? This is the FBI calling in from Los Angeles.” Last week I had a very strange call that surprised me so much I didn’t know whether I… pic.twitter.com/5TgkCcKfgr — Alex Masmej 🪙 (@AlexMasmej) December ...

After actively supporting Pendle since its launch in 2021, Spartan Capital has made a follow-on investment in Pendle Finance via an OTC purchase. Singapore-based digital asset investment firm Spartan Group has announced investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE). After actively supporting Pendle since its launch in 2021, Spartan Group’s crypto venture capital arm Spartan Capital has made a follow-on investment in Pendle Finance through an over-the-counter, or OTC, purchase. The firm emphasized that Spartan and Pendle have had a strong partnership since the DeFi’s project inception, noting that the latest investment aims to support the project in its further ambitions. “At Spartan Capital, we recognize the transformative potential of Pendle and their pivotal role in driving the advancement of on-chain yield trading,” Spartan noted. This is a developing story, and further information will be added as it becomes available. Source: https://thebittim...

Alexis Ohanian is extremely bullish on cryptocurrency, even using the proceeds from his early Ether investment to found a crypto-focused venture capitalist firm. The co- found er of the social media website Reddit, Alexis Ohanian, reportedly bought 50,000 Ether (ETH) for just $15,000 during the cryptocurrency’s presale in 2014, a cost of just 30 cents per coin. Ohanian, who left the social media giant in 2020, told Forbes in a Feb. 21 article that he found the idea of a decentralized store of value to be very attractive partly due to his Armenian heritage, prompting him to take an early gamble on Ethereum. “Any group of people who have in their consciousness, or in their collective history, some idea of persecution, especially by a state, makes the idea of a store of value that is not controlled by any single state very attractive. And so, in some ways it was hardwired in me then, and made me in a way receptive to the idea of a decentralized currency.” At current prices, this investm...