BingX confirms ‘minor’ losses amid panic over hot wallet movements
Crypto exchange BingX’s product chief Vivien Lin has confirmed there was a hack and a “minor asset loss,” which is still being calculated. Go to Source
Month: September 2024
DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform. Go to Source
Boerse Stuttgart Digital, DZ Bank Expand Crypto Access to 700 German Banks
Boerse Stuttgart Digital is collaborating with DZ Bank to bring secure cryptocurrency trading and storage to over 700 cooperative banks across Germany. The move marks a significant step toward mainstream crypto adoption in Europe, with banks now offering regulated crypto services to retail customers. This collaboration will help meet the growing demand for digital assets, … Read more
Germany seizes 47 crypto exchanges tied to ‘underground economy’
German authorities sent a loud and clear message to criminal users of the exchanges: We found their servers and have your data — see you soon. Go to Source
German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown
German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity verification. The takedown follows a series of other operations targeting major cybercrime networks. With seized user and transaction data, authorities are set to pursue further … Read more
JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead
JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us have been through all that stuff, it doesn’t matter as much,” said the JPMorgan executive. Jamie Dimon: … Read more
Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express
Tether launderers sentenced as Bhutan’s Bitcoin hodling places it as the fourth largest among governments: Asia Express. Go to Source
BlockDAG’s Strategic Partnerships with BVB & Milan Outshine PEPE & DOGE
30,000x ROI Potential – BlockDAG vs. Top Meme Coins: How PEPE and Dogecoin are Falling Behind While PEPE and Dogecoin have been making waves with their meme-centric appeal, BlockDAG is quickly establishing itself as a formidable force in the cryptocurrency market. With a strategic expansion underway and a striking $73 million in presales, BlockDAG is … Read more
Making crypto mainstream requires greater efforts to stop fraud
One of the greatest use-cases of blockchain technologies is the ability to improve security and counter malicious actors, but we need to get serious about it. Go to Source
US federal judge tosses Consensys’ suit against SEC
A Texas federal court judge has dismissed a lawsuit brought by Consensys against the SEC that claimed the agency was investigating Ethereum to classify it as a security. Go to Source