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Crypto Exchange WazirX Hacked for $234M, Hacker Begins Dump
18.7.2024
Web3 security firm Cyvers and ZachXBT report that the Indian crypto exchange, WazirX, has been potentially hacked. Cyvers told WazirX on X, “Our system has detected multiple suspicious transactions involving your Safe Multisig wallet on the ETH network.” Hacker drains over $230 million...
Charles Hoskinson rejects Vitalik Buterin's view on pro-crypto voting
18.7.2024
This clash of views comes as the 2024 U.S. presidential election approaches, with significant implications for the future of cryptocurrency regulation in the country
Polygon Labs’s MATIC-POL migration confirmed for Sept. 4
18.7.2024
The upgrade is part of Polygon's 2.0 roadmap to enhance its zero-knowledge-based layer 2 chains ecosystem, aiming to expand the utility and functionality of its native token
Crypto Exchange WazirX Sees $230M in Suspicious Withdrawals, Largely $100M in SHIB Token
18.7.2024
NFTs poised for comeback despite sales drop say execs
18.7.2024
Despite a 45% drop in NFT sales during Q2 2024, Web3 professionals remain optimistic about the future of non-fungible tokens
BlockFi confirms July start for interim crypto distributions
18.7.2024
BlockFi clients are to note that client communications will exclusively occur via official email channels
Indian crypto exchange falls victim to $235M hack
18.7.2024
WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether
German Government Officially Acknowledges Involvement in 50,000 Bitcoin Sell-off
18.7.2024
The German government has officially acknowledged its involvement in selling 49,858 bitcoin linked to the movie2k case. In a press release, German authorities reported that the sales were completed due to what is stipulated in Section 111p of the Code of Criminal Procedure, classifying this move...
Profit-Making Crypto Address Makes $16M Investment in BTC
18.7.2024
LMBO and REKT: Direxion debuts leveraged ETFs tracking crypto equities
18.7.2024
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day
Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline
18.7.2024
Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian users are advised to withdraw their funds from...
Ethereum ETFs will have a bigger impact on ETH price: Bitwise
18.7.2024
Bitwise Chief Investment Officer Matt Hougan says there are three reasons why Ether ETFs could drive the price of the asset, more than Bitcoin ETFs did for BTC
Fake Professors Scam Crypto Investors on Telegram and Whatsapp, DFI Warns
18.7.2024
The Washington State Department of Financial Institutions (DFI) has reported multiple complaints about cryptocurrency scams on Whatsapp and Telegram involving fake “professors.” These scams lure investors through social media ads and false educational institutions, promising high...
Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead
18.7.2024
Skybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his tenure as Communications Director was notably...
Trading on crypto exchanges fell for 3rd month straight in June: CCData
18.7.2024
Combined spot and derivatives volumes on centralized crypto exchanges fell 21.8% in June as crypto exchanges continued to tussle for market share
Trump Reaffirms Support for Crypto, Plans to Launch 4th NFT Collection
18.7.2024
Former U.S. President and presidential candidate Donald Trump has reaffirmed his support for cryptocurrency, emphasizing: “If we don’t do it, China is going to pick it up” and dominate the industry. He revealed that he will launch another non-fungible token (NFT) collection. He stressed...
Vitalik Buterin Warns Against Political Support Based on Crypto Stance
18.7.2024
Ethereum co-founder Vitalik Buterin advised against basing political support solely on a candidate’s pro-crypto stance. He emphasized the importance of broader values like individual freedoms and technological advancement. “Crypto-friendly now does not mean crypto-friendly five years...
Ripple CEO Blasts Political Divide Over Crypto, Calls for Bipartisan Cooperation
18.7.2024
Ripple CEO Brad Garlinghouse has criticized the politicization of cryptocurrency in the U.S., stressing the necessity of a bipartisan approach and clear regulatory guidelines. He condemned the partisan divide in crypto innovation, particularly addressing Senator Elizabeth Warren’s...
Trump Talks Economic Plans and US Crypto Strategy With Bloomberg: ‘China’s Going to Have It—or Somebody Else’
17.7.2024
In a recent interview with Bloomberg Businessweek, former President Donald Trump outlined his economic vision, touching on topics such as taxation, tariffs, Federal Reserve Chair Jerome Powell, and cryptocurrency. Trump’s views and plans reflect his signature approach to economic policy...
State Street eyes blockchain leap with stablecoin, deposit token: Report
17.7.2024
The global asset manager may be on its way to the forefront of settlement technology