Search
IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive
20.7.2024
An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed concern that the prevailing economic conditions in Zambia are not conducive for the country to proceed...
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....
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
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
Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
20.7.2024
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams...
Bitforex reopens for withdrawals after police investigation
19.7.2024
After roughly five months of silence, the crypto exchange Bitforex claimed that the police in Jiangsu Province had detained its team members in February
Bitcoin oversold after German gov’t sell-off — ARK Invest
19.7.2024
Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to Ark
WazirX Seeks Legal Aid; $234 Hack Reported to Indian Police
19.7.2024
Yesterday, July 18th, 2024, India’s largest cryptocurrency exchange, WazirX, was hacked and lost over $234 million in crypto. Following the attack, WazirX has filed a report with the Indian Police. The exchange says, “…we have filed a police complaint and are pursuing additional...
HTX Is Latest Exchange to Integrate Fireblocks
19.7.2024
Global crypto exchange HTX has integrated Fireblocks Off Exchange. This is aimed at enhancing digital asset security and streamlining global compliance operations. It employs Fireblocks’ multi-party computation (MPC) technology to mitigate exchange counterparty risk, marking a substantial...
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...
$234M in Crypto Hacked From WazirX, Converted to Ethereum
19.7.2024
WazirX, one of India’s biggest Crypto Exchanges, was hacked yesterday, presenting a significant security concern. The breach led to losing $234 million of the users’ funds. The hacker went for the exchange’s multisig wallet on the Ethereum network, where he or she made away with more than...
Bitcoin, SHIB Trade at 30% Haircut on WazirX as Exploiter Converts Stolen Loot to Ether
19.7.2024
The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto community aren’t buying that narrative
Bitrue Ventures launches Web3-focused $40M investment fund
19.7.2024
Bitrue Ventures’ new fund aims to support Web3 startups with up to $200,000 in investment, offering extensive industry resources
Bitzlato founder won’t get more jail over $700M dark web clearing house
19.7.2024
The judge said the 18 months Anatoly Legkodymoc had already served in Brooklyn’s “terrible” MDC was enough punishment
WazirX hackers prepped 8 days before attack, swindlers fake fiat for USDT: Asia Express
19.7.2024
WazirX hackers were preparing 8 days before the $235M theft The hackers behind the $235 million WazirX crypto exchange breach began preparing onchain at least eight days prior, according to Polygon Labs’s security chief. WazirX, one of India’s largest cryptocurrency exchanges, lost hundreds...
Pixelverse PIXFI token rises nearly 50% in first hours after airdrop
18.7.2024
Pixelverse airdropped 10% of PIXFI’s total supply to holders of its Rare, Epic, and Legendary non-fungible token (NFT) collections
Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack
18.7.2024
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have...
BtcTurk CEO steps down from one of Turkey’s biggest crypto exchanges
18.7.2024
Ozgur Guneri spent seven years as the head of the popular Turkish crypto exchange. He will remain with the company as a director
Kraken Widens Institutional Presence in UK & Australia
18.7.2024
Kraken, the U.S.-based cryptocurrency exchange, has announced the expansion of its custody service to new and existing clients in the United Kingdom and Australia. This development follows the successful launch of Kraken Custody in the United States earlier this year. Kraken to establish...