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Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock
14.8.2024
The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price, IntoTheBlock analysts noted
Tether crypto exchanges balance hits record high as Treasury prints $1B USDT
14.8.2024
If the Fed signals a rate cut, as CME data strongly suggests, crypto traders may quickly deploy their stablecoin reserves to drive a market rally
Bitcoin Reserves on Exchanges Hit 5-Year Low With $5.96B Withdrawn in 30 Days
11.8.2024
According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018. The amount of bitcoin held by these digital trading platforms has been steadily declining since early June 2022. Bitcoin Exchange Reserves Dip to 2018 Levels...
Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status
11.8.2024
A Nigerian bitcoin proponent has launched a lawsuit challenging government restrictions on owning, using, and trading digital assets. The proponent said the lawsuit seeks to remove the blockade on cryptocurrency exchanges, ensuring all Nigerians have unrestricted access. Crypto Restrictions Deny...
Canadian crypto exchanges face deadline for CIRO membership
6.8.2024
Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry's self-regulatory organization
Wazirx Announces FIR Filing Following Major Cyberattack
6.8.2024
Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part...
FBI issues warning about scammers impersonating crypto exchanges
2.8.2024
The FBI urges victims to report scam activities through official channels and provide any transaction information related to the scam
FBI issues warning about scammers impersonating crypto exchanges
2.8.2024
The FBI urges victims to report scam activities through official channels and provide any transaction information related to the scam
South Korean crypto exchanges face unexpected supervisory fees
1.8.2024
Introducing supervisory fees marks a crucial step toward increased regulation and oversight
South Korean crypto exchanges face unexpected supervisory fees
1.8.2024
Introducing supervisory fees marks a crucial step toward increased regulation and oversight
Wazirx Clarifies Recovery Options, Asset Valuation, and USDT Conversion After Cyberattack
28.7.2024
Indian cryptocurrency exchange Wazirx has answered important questions from its users about the recent cyberattack. The platform explained its socialized loss strategy and the options users have to recover their assets. Additionally, users inquired about asset valuation and token conversion...
HSBC Australia Blocks Payments to Crypto Exchanges
25.7.2024
HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this decision. HSBC Australia claimed scammers frequently...
HSBC Australia to block all payments to crypto exchanges, citing scams
25.7.2024
At least six big Australian banks have taken such action now — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy
Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure
23.7.2024
Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian...
Wazirx: Withdrawals and Trading Paused for All Users, Over 80 Bounty Intents Received Within 24 Hours
22.7.2024
Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused deposits, withdrawals, and trading, and launched a $23 million bounty program to recover...
HKX joins list of crypto exchanges to quit Hong Kong market
22.7.2024
HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues
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...
Wazirx Prepares Bounty Program to Recover $230 Million Stolen in Security Breach
20.7.2024
Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating with other exchanges. “This is...
Study: Europe Leads in Global Crypto Transaction Volume; Binance Remains Most Used Exchange
20.7.2024
Europe stands out as the global leader, accounting for 37.32% of the total transactional value, according to a comprehensive analysis by Coinwire. Asia’s trading volumes primarily result from factors like high mobile penetration, a robust tech infrastructure, and growing institutional interest....
South Korea's strict laws on crypto exchanges come into force
20.7.2024
The new regulations issued by South Korea’s watchdog to protect user assets on crypto exchanges went into effect on July 19