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Wazirx Offers $23M Bounty to Recover Stolen Assets After Massive Security Breach

21.7.2024
Indian crypto exchange Wazirx has announced a $23 million bounty program to recover assets stolen in a cyberattack on its multisig wallet. Emphasizing community involvement, co-founder Nischal Shetty outlined the rewards for tracking, freezing, and ethically recovering the stolen funds. He insists...

Bitforex to Reopen Withdrawals Months After Team Members’ Detention Rendered Platform Inaccessible

20.7.2024
Digital asset platform Bitforex has announced that users will soon be able to withdraw their assets. However, all trading functions will remain suspended during this period. Additionally, the platform will cease all types of services and products and undergo a “comprehensive...

Rho Markets Pauses Platform After Attacker Siphons $7.6 Million in Digital Assets

20.7.2024
The digital asset security platform Cyvers Alerts disclosed on July 19 that Rho Markets’ liquidity layer on Scroll had been exploited after hackers took control of an oracle access control. Cyvers reported that the attacker held $7.6 million across multiple chains, with USDC and USDT pools...

WazirX halts trading, launches bounty program to recover stolen assets

20.7.2024
The exchange remains focused on addressing the impact on customer funds and ensuring the security and integrity of their platform

WazirX launches bounty program to recover stolen assets

20.7.2024
The exchange remains focused on addressing the impact on customer funds and ensuring the security and integrity of their platform

Binance gets greenlight to invest customer assets in US Treasury Bills

19.7.2024
The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis

EU releases crypto-asset classification tools to help firms comply with MiCA

19.7.2024
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play

South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform

19.7.2024
South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience the same immediate transaction settlement enjoyed...

Galaxy Buys Almost All of CryptoManufaktur's Ethereum Assets to Expand Staking Portfolio

19.7.2024
By acquiring substantially all the assets of the blockchain node operator, the publicly traded Galaxy Digital will increase its role in Ethereum staking, as part of a broader effort to expand in the business of blockchain infrastructure

KPMG to help US crypto firms uphold reporting standards

19.7.2024
KPMG formed a strategic alliance with Cryptio to help crypto firms in the United States adhere to GAAP compliance, enhancing accounting and reporting practices

HK bank supports nation's regulatory goals with reserve services

19.7.2024
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies

Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia

19.7.2024
President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and the Russian CBDC, the digital ruble, as part of the country’s economic tissue. He also reported that over 30,000 transactions have been made in the pilot...

Animoca, Standard Chartered team up in HKMA stablecoin sandbox

18.7.2024
The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox

Italy's Top Banks Participate in €25M Digital Bond Issuance on Polygon in ECB Trial

18.7.2024
Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets

Greek gov't to impose crypto taxes starting 2025

18.7.2024
Currently gains on crypto profits are going untaxed and unrecognized by the Greek government - but not for long as regulators are seeking new taxes on the industry early next year

Chainlink’s tokenization sandbox cuts trials to days instead of months

18.7.2024
The sandbox could lead to more financial institutions adopting asset tokenization solutions

OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest

17.7.2024
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. Institutional Interest...