The recently hacked Indian crypto exchange, WazirX, has announced that it is on the way to restarting its operations, awaiting a court ruling on May 13 concerning its restructuring and user compensation plan. In July last year, the exchange was hacked for around $234.9 million worth of crypto assets by
Crypto exchange eXch will stop offering its products and services starting from May 1 this year due to allegations of money laundering. The firm was accused of being involved in laundering the funds stolen from the recent $1.4B Bybit hack. As per its latest notice released on April 17, the
The world’s largest crypto exchange, Binance just closed the second round of its “Vote to Delist” campaign, and it’s already sending ripples across the crypto market. The campaign, which ran from April 10 to April 16, 2025, gave users the chance to vote on whether certain altcoins should be removed
In the last 24 hours, the overall crypto market has shown modest price dips, causing investors to let out sighs of frustration. Bitcoin has reversed its position to the $83K level yet again. This has also affected the altcoin market, as prices showed modest drops. However, particular altcoins continued to
Crypto wallet provider Phantom is facing legal trouble after a group of investors, led by attorney Thomas Liam Murphy, filed a lawsuit accusing the company of serious security failures. The complaint, filed on April 14 in New York, claims a flaw in Phantom’s browser extension led hackers to steal over
While the global crypto market feels the pressure with Bitcoin slipping to $82K following a new tariff announcement from the U.S. President Donald Trump — Binance has shared a bit of good news. The world’s largest crypto exchange has confirmed the listing of three new tokens: Ondo (ONDO), Big Time
Binance, the world’s leading cryptocurrency exchange is shaking things up with a new community-driven approach and it’s already making waves. According to the announcement made on April 8 that it will delist 14 tokens from its platform on April 16, 2025, following the first round of its “Vote to Delist”
Malta’s Financial Intelligence Analysis Unit (FIAU) has imposed a $1.2 million fine on OKX’s local subsidiary for breaching the island nation’s anti-money laundering (AML) regulations. The penalty comes after an onsite compliance check held in April 2023, which revealed a number of breaches—some of which were considered serious and systemic,
The U.S. Treasury has dropped Tornado Cash from its sanctions list, claiming this makes an ongoing lawsuit against it irrelevant. However, Coinbase’s Chief Legal Officer, Paul Grewal, argues this move is a legal tactic to avoid a final court judgment—one that lacks any real assurance for the future. Grewal criticized
Bybit CEO Ben Zhou has revealed on Thursday that 88.87% of the $1.4 billion stolen from the exchange remains traceable, despite efforts by North Korea’s Lazarus Group to obscure the funds using Bitcoin mixers. The stolen assets, including 500K ETH, were mostly converted into 12,836 BTC and spread across 9,117
