Sun, February 2

Indodax Exchange Faces $15 Million Loss After Major Hack

Indonesian cryptocurrency exchange Indodax is facing a significant financial blow following a recent exploit. The losses are estimated at $15 million. According to PeckShield, the platform has experienced a considerable outflow of funds, totaling approximately $15.7 million. These funds have been dispersed across various blockchain networks, including Ethereum, Polygon, and

September 11, 2024 2 mins read

FTX Strikes Deal with Emergent Over $600M Robinhood Shares

Bankrupt crypto exchange FTX has reached a settlement with Emergent Fidelity Technologies, a firm co-founded by Sam Bankman-Fried, over more than $600 million worth of Robinhood shares. The deal, disclosed in a motion by FTX CEO John Ray III on September 6 in a Delaware Bankruptcy Court, involves FTX paying

September 10, 2024 2 mins read

Moscow Exchange Opts Out of Russian Crypto Trading Pilot

The Moscow Exchange (MOEX), Russia’s largest exchange group, has chosen not to participate in a pilot cryptocurrency trading program. Even though the recent legislation allows digital currencies under the supervision of the Central Bank of Russia.  This decision was confirmed by Nikolai Trunichkin, MOEX’s head of digital projects. While MOEX

September 9, 2024 2 mins read

Crypto Exchange Woo X Introduces Revolutionary Copy Trading

Woo X, a prominent Taiwan-based cryptocurrency exchange, has unveiled a groundbreaking copy trading feature. This new offering promises to revolutionize social trading by allowing users to mirror top traders’ strategies with an innovative twist. The new copy trading feature at Woo X stands out due to its unique counter-trading capability.

September 9, 2024 2 mins read

Binance and Bybit Secure Full Regulatory Approval in Kazakhstan

With complete approval in Kazakhstan, cryptocurrency exchanges Bybit and Binance are able to extend their worldwide reach. The approval from Kazakhstan’s financial watchdog brings them closer to its goal of becoming a regulated DATF. The digital asset exchange industry is in the midst of a fierce race to ensure that

September 6, 2024 2 mins read

WazirX Hacker Moves Another $12M in ETH to Tornado Cash

The cryptocurrency community is still reeling from the shock of the Indian crypto exchange WazirX hack that happened on July 18, 2024. With a staggering loss of around $230 million, this incident has become the largest cryptocurrency hack of the year. As the company works towards recovery, WazirX hackers have

September 5, 2024 2 mins read

Former Mt. Gox CEO to Launch New Crypto Exchange This Month

During an interview at the Korea Blockchain Week event in Seoul, South Korea, crypto entrepreneur Mark Karpeles—former CEO of Mt. Gox—said that he plans to launch his new cryptocurrency exchange later this month with an emphasis on transparency and user-friendliness. Using Poland as its hub, the soon-to-be platform EllipX will

September 4, 2024 2 mins read

Binance Launches BNSOL for Flexible, Secure Solana Staking

Binance, the global blockchain ecosystem that powers the world’s biggest crypto exchange by trading volume and users, has announced the imminent launch of its Solana Staking product, Binance SOL Staking, which will go live later this September. With Binance Staked SOL (BNSOL), users will be able to securely stake their Solana (SOL) tokens

September 3, 2024 3 mins read

Binance CEO Calls for Gambaryan’s Release Due to Inhuman Treatment

A new video circulating on social media platforms like X (formerly Twitter) shows disturbing footage of Tigran Gambaryan, Binance’s head of crime compliance, who is currently imprisoned in Nigeria. The video has sparked significant outrage and calls for his release, especially as his health reportedly worsens. This inhumane treatment of

September 3, 2024 1 min read

WazirX Exploiter Moves Funds As Platform Processes Fund Recovery

The WazirX exploit has been the talk of the community for the past two months. Having become the largest cryptocurrency hack in 2024, all eyes are set on the platform’s plans and actions for recovery. Meanwhile, the WazirX hack drew new attention in the market as exploiters made their first

September 3, 2024 2 mins read
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