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Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered


According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action....

Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker


Decentalized finance (defi) protocol Bzx has recovered the $8.1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity. Cornered, the attacker returned the loot. “All...

Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders


Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve...

Ripple Co-Founder Says He Recovered from COVID-19 + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Ripple & XRP news Nik Bougalis, a Ripple engineer responsible for XRP's server software, said in a GitHub submission that...

Crypto Market Sentiment Recovered; Bitcoin and Monero in Positive Zone


The crypto market sentiment measure, Sentscore, jumped up from the 4.43 (the average for the top 10 coins) near-verge of the negative zone from last week, to 5.35 this Monday, according to Omenics, a crypto market sentiment analysis service. The number one among the top 10 cryptocurrencies...

Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear


Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most...

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