Crypto News Round-up: Concerns for Crypto Security and Regulations

Crypto News Round-up: Concerns for Crypto Security and Regulations

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Crypto space is always buzzing with new events every day. 
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Balancer fell prey to a cyber attack and warned its users not to engage with the platform until further notice. 
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Celsius Network reports a surge in phishing scams. 
Cryptocurrency market saw major developments today. The burgeoning asset class saw chaotic winds around that were filled with concerns. From the increasing phishing attacks, and hacking of a DeFi protocol, to the SEC’s asserting crypto crackdown; there is a lot that happened in the crypto sphere recently.  
Celsius Creditors Face Rising Phishing Attacks
As the bankruptcy proceedings of Celsius Network, a crypto lending firm, approach its conclusion, creditors are encountering a surge in phishing attacks. Scammers are targeting individuals involved in the insolvency process, posing as the bankruptcy services platform, Stretto, and even impersonating Celsius.
The increase in phishing attempts highlights the

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