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Telcoin Restores User Balances After Exploit, Records 400% Increase in Deposits
12.1.2024
The issue apparently resulted from a fault in the interaction between Telcoin’s digital wallet and a proxy contract that incorrectly performed certain storage functions
Gamma Heist — Over $3M in Digital Assets Drained, 1,000 ETH Moved to Tornado Cash
6.1.2024
On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all deposits on any of its “public-facing vaults.”...
CoinDCX Reports 2000% Increase in Deposits Since India’s Crackdown on Offshore Exchanges
5.1.2024
Source: Shutterstock India’s leading crypto exchange CoinDCX has reported a 2000% increase in deposits from customers since the finance ministry issued a show cause notice to 9 major offshore exchanges, including Binance on December 28. Offshore exchanges Binance, Kucoin, Huobi, Kraken, Gate.io...
Blast Hits $1.1B in Deposits More Than a Month Before It's Due to Go Live
28.12.2023
Depositors will receive an airdrop that can be redeemed in May 2024
Nigerian Crypto Exchange Describes Deposit Suspension as ‘Industry-Standard Precautionary Measure’
19.12.2023
The Nigerian cryptocurrency exchange platform Bitmama recently said it has temporarily suspended deposits due to “ongoing third-party maintenance.” Bitmama said that while earlier media reports about its suspension of deposits are correct, they nevertheless “lack context,”...
Analysts Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval
14.12.2023
Matrixport’s research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market. Analysts anticipate that bitcoin will maintain its upward...
Justin Sun Says Customer Assets Are 100% Safe Despite $200 Million Hacked From Exchanges
14.12.2023
Source: YouTube / CNBC Customer deposits at sibling crypto exchanges HTX and Poloniex are “100% safe” despite multiple recent hacks, according to Justin Sun – the owner of both platforms. In conversation with CoinDesk, said that both platforms have recovered from the hack, and have already resumed...
HTX Sees $258 Million in Net Outflow Since Resuming Operations Last Month
11.12.2023
Source: YouTube / CNBC Justin Sun-linked crypto exchange HTX has seen $248 million in net outflow since resuming operations after a major security breach last month. The breach resulted in the loss of $30 million worth of crypto tokens and prompted HTX to temporarily halt withdrawals and deposits....
Is It Too Late to Buy Optimism? OP Price Gains 25% as a Futuristic Meme Coin Attracts $2.7 Million
8.12.2023
Optimism’s OP price surged 26.80% as Kraken enabled Tether deposits on the network. Image by akif, Adobe Stock. The recent price surge of the native Optimism token OP may be driven by Kraken’s launch of Tether (USDT) deposits and withdrawals on the Optimism network. ???? $USDT...
Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
28.11.2023
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro
HTX Resumes Bitcoin and Ether Services After $30 Million Hack
27.11.2023
Source: HTX Digital asset exchange HTX has resumed deposits and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and others after it was drained for $30 million. In an announcement on Nov 26, the exchange said services have been restored for certain virtual...
HTX (Huobi Global) to Resume Deposits and Withdrawals After $13.6 Million Exploit
23.11.2023
Source: iStock Crypto exchange HTX, formerly known as Huobi Global, said it “has now properly handled this attack,” and it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. In a Nov. 23 announcement on its official website, Huobi...
Unidentified Whale Deposits 10,000 ETH Worth $20 Million in New Blast L2 Project
23.11.2023
Source: Adobe / 2ragon Blast, a newly launched Ethereum-based layer 2 network, is already gaining traction in the market after one unidentified whale deposited a massive 10,000 ETH to the network. The deposit was made on Wednesday this week, just two days after Blast went live in “early access”...
US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams
23.11.2023
The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of victims’ crypto deposits through numerous...
Tether Deposits of $1B With UK Financial Firm Are at Center of High Court Battle: FT
21.11.2023
Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court
Vitalik Buterin Touts Plasma Technology; OMG Token Briefly Skyrockets 16%
17.11.2023
Source: youtube/ VICE News Ethereum founder, Vitalik Buterin, touted emerging Plasma technology in a new blog post this week, prompting the Plasma-supported OMG Network’s native token to skyrocket by 16%. A unique scaling solution “Plasma is a class of blockchain scaling solutions that allow...
Poloniex to Resume Deposits and Withdrawal Services After $100 Million Exploit: Here’s More
15.11.2023
Source: Adobe Cryptocurrency exchange Poloniex has announced plans to resume operations after it suffered a major hack resulting in losses over $100 million. The exchange announced on Nov 15 that following restoration efforts after the hack, it will begin deposits and withdrawal services assuring...
Binance to Halt Russian Ruble Deposits as Part of Exit Strategy from Russia
10.11.2023
Source: Pixabay / Paolinio Binance, the largest cryptocurrency exchange, has officially announced plans to cease the deposit of Russian rubles on its platform due to the discontinuation of operations in Russia. On November 11, the crypto exchange Binance announced that it would stop accepting...
Binance to terminate Russian ruble deposits next week
10.11.2023
Binance Russia users will have slightly more than two months to withdraw their rubles from the exchange or until Jan. 31, 2024
Bug in Fed’s payment system prevents bank customers from getting paid
4.11.2023
Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved