Thu, March 26

Crypto Exchange ZB.com Loses $3.6M Due to Recent Hack

It is claimed that 2224 ETH were lost as a consequence of the breach. The breakdown of key applications was blamed for the suspension of services. The crypto sector experienced major shocks this week as a result of security breaches involving Nomad and Solana. In a recent instance of a

August 4, 2022 1 min read

Robinhood to Layoff 23% of its Workforce Following Q2 Loss

Three months ago, Robinhood laid off 9% of its full-time employees. 713 workers would be impacted by a 23 percent drop in employment. Retail investing giant Robinhood has had a wild year. The fintech company is cutting 23 percent of its personnel. Three months ago, Robinhood laid off 9% of

August 3, 2022 1 min read

Robinhood Fined $30 Million by NYDFS Over Non-compliance

Robinhood reportedly failed to meet some consumer-protection criteria. The SEC fined a $65 million payment from the business in December 2020. Anti-money laundering and cybersecurity standards were reportedly violated by Robinhood’s crypto trading business, which has been fined $30 million by the New York State Department of Financial Services. “Insufficient

August 2, 2022 1 min read

Amp (AMP) Token Delisted by Binance U.S Following SEC Claims

Binance’s U.S. affiliate declared that it will halt trading in the AMP token. Only Amp (AMP) is available on the Binance.US platform out of the nine claimed. After the Securities and Exchange Commission (SEC) classified Flexa’s AMP token as a security, Binance’s U.S. affiliate declared that it will halt trading

August 2, 2022 2 mins read

Hackers Robbed Multi-Million From Nomad Bridge

Recently many bridge hacks happened like the Ronin and Wormhole bridge hacks. In the hack, Nomad lost the wrapped Bitcoin worth 2.3 million. Nomad is a cross-chain bridge that serves as a cheap and secure means of transferring funds between chains. It was attacked on August 1, and around $200

August 2, 2022 2 mins read

Vauld Receives Three- Month Prohibition From Singapore Court

DeFi only paid for half of the requested six-month moratorium. Vauld ceased deposits, withdrawals, and transactions at the beginning of July. On August 1, a Singaporean court granted cryptocurrency lending startup Vauld a three-month suspension until November 7, 2022. After receiving demand letters from a few creditors, the judge further

August 2, 2022 1 min read

Binance CEO Refutes Claim of KYC Costing 90% of Users

Gambaryan pointed out that Binance isn’t always a haven for illegal behavior.  Binance reduced the daily Bitcoin withdrawal limit from 2 BTC to 0.06 BTC last year. Over the last several months, Binance has had a lot of ups and downs. Foreseeing growth as a goal, the biggest cryptocurrency trading

August 1, 2022 2 mins read

Huobi Global Enters Australia Following Approval by Regulators

The Australian Transaction Reports and Analysis Centre (AUSTRAC) granted approval. Huobi will be looking forward to concentrating on OTC services the most. The Huobi global exchange has received complete authorization to operate in Australia and supply its services. The Australian Transaction Reports and Analysis Centre (AUSTRAC) granted Huobi, one of

August 1, 2022 2 mins read

AAX Exchange Sponsors Blockchain Economy Istanbul Summit 2022

The Blockchain Economy Istanbul Summit 2022, the biggest blockchain event in Eurasia and a vital gathering point for the world’s leading crypto firms and entrepreneurs, is thrilled to have AAX as a Featured Sponsor. While thousands of visitors are expected to arrive in Turkey over the next several days, AAX

August 1, 2022 3 mins read

Binance CEO Changpeng Zhao Optimistic of Crypto Sector

CZ relied on a shared knowledge of the market and its dynamics. It was Changpeng Zhao’s initiative to advocate for the mining industry. The CEO of Binance, Changpeng Zhao (CZ), was recently interviewed by Squawk on the Street, where he discussed the future of bitcoin and the crypto industry. CZ

July 30, 2022 2 mins read
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