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Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack
14.5.2024
Certik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole,...
Exploring the realm of crypto whales: How do they impact the market?
14.5.2024
The crypto whale is a term used to define the set of people in the cryptocurrency ecosystem who are known to be making large transactions in the industry, affecting each crypto’s market prices. Since their transactions are huge and have a tremendous impact on the market, these people...
Crypto Exchange OKX Officially Debuts in Australia
14.5.2024
With the launch, OKX claims to be the largest global crypto exchange offering direct AUD deposits and withdrawals to Australians.
The post Crypto Exchange OKX Officially Debuts in Australia appeared first on Cryptonews
Canada’s Tax Agency Targets $40M in Uncollected Crypto Taxes as Trudeau Seeks Major Capital Gains Hike
14.5.2024
Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies. Concurrently, Prime Minister Justin Trudeau...
Biden orders removal of Chinese-owned crypto miner near missile base
14.5.2024
Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden
Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
14.5.2024
Indian crypto exchange CoinDCX has expanded what started as the Okto wallet into an Okto ecosystem, which will include launching a blockchain and a token soon, and a points program starting Tuesday, to give global users a single-click mobile experience while traversing the Web3 space,...
Coinbase Faces System Wide Outage, Affirms Funds Are Safe
14.5.2024
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, reported a system-wide outage in its services, affecting customers’ crypto operations. On its status site, Coinbase stated that it was aware that “some users may experience failures when sending crypto or withdrawing...
UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect
14.5.2024
The UK government’s Insolvency Service has shut down a London-based crypto advisory firm that claimed to offer investment advice in cryptocurrencies.
The post UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect appeared first on Cryptonews
Coinbase website down as crypto exchange cites ‘system-wide outage’
14.5.2024
Crypto exchange Coinbase has suffered a 'system wide' outage, rendering platform unusable
US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base
14.5.2024
President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed cryptocurrency mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns.
The post US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base...
Crypto exchange OKX launches local regulated entity in Australia
14.5.2024
The expansion comes 12 months after the firm announced its intention to expand down under
Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments
14.5.2024
Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability on those misusing electricity. Proposed Measures...
GameStop sparked the 2021 memecoin bull run — will history repeat itself?
14.5.2024
Following the return of Keith Gill — also known as “Roaring Kitty” — traders are keeping their eyes peeled for the next big stock or crypto rally — but analysts aren’t so sure
South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds
14.5.2024
South Koreans who received airdrop tokens and prizes from the Bithumb crypto exchange from 2018 to 2021 could face unexpected tax bills.
The post South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds appeared first on Cryptonews
Top Crypto Gainers Today on DEXScreener – SOLBET, KITTY, AMC
14.5.2024
With major cryptocurrencies seeing tentative gains at the start of the week, with Bitcoin (BTC) rising 2.5% to $63,000 as Ether (ETH) struggled but failed to rise above $3,000, the top crypto gainers today were all to be found in the on-chain token markets.
The post Top Crypto Gainers Today...
Latam Powerhouse Crypto Exchange Bitso Launches Web3 Wallet
14.5.2024
Bitso, the Mexico-based, Latam-focused cryptocurrency exchange, recently launched its own Web3 wallet, targeting the decentralized finance (defi) ecosystem. The idea behind this new product is to ease the onboarding of Bitso’s customers into this landscape, allowing them to dabble...
Binance Kazakhstan Secures ISO Certifications for Security and Privacy
14.5.2024
Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance...
Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’
14.5.2024
Tether CEO Paolo Ardoino has responded to remarks made by Ripple CEO Brad Garlinghouse, branding him as an “uninformed CEO” and accusing him of fostering uncertainty about stablecoin USDT amid a U.S. Securities and Exchange Commission (SEC) investigation into his company. In reply...
Rain Exchange Likely Exploited of $14.1 Million in Crypto 2 weeks ago: ZachXBT
14.5.2024
Rain cryptocurrency exchange experienced a potential exploit on April 29, resulting in the transfer of approximately $14.1 million worth of various cryptocurrencies to a new wallet under suspicious circumstances.
The post Rain Exchange Likely Exploited of $14.1 Million in Crypto 2 weeks ago:...
Biden Orders Chinese-Backed Crypto Mining Firm to Divest Land Near US Missile Base
14.5.2024
President Joe Biden has issued an order that blocks Mineone Partners Ltd., a Chinese-backed cryptocurrency mining company, from owning land near Wyoming’s Francis E. Warren Air Force Base, which is a strategic missile base. This measure requires the divestment of land used for crypto mining...