In a truly surprising development over a year after the Bitrue crypto exchange hack, analysts of blockchain technology have seen the stolen funds moving around. The funds—stolen from the crypto exchange Bitrue in April 2023—are supposedly worth in the neighborhood of $23 million. They had largely lain dormant in the hackers’ wallets but are now being moved around and sold. The hacker seems to have moved some of the stolen assets on-chain, apparently in an effort to legitimize the funds. And all this is happening while the hacker is coming back into the public eye. Stolen Tokens Sold for Ethereum
The post Bitrue Hack Resurfaces as Stolen Crypto Assets Are Moved and Sold One Year Later appeared first on The Merkle News.
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A crypto insurance provider will typically assess at least 2,000 variables across 20 risk areas before they even consider insuring a platform, according to an insurance executive.
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Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses Crypto Assets Due to Hot Wallet Exploit Cryptocurrency exchange Bitrue announced Friday […]
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PRESS RELEASE. NoVa Battles has taken another step forward by completing another major milestone, being listed on Bitrue. The centralized exchange, Bitrue, has announced that NVA passed the BTR Vote on the 21st of June, 2022. The launched listing pair is NVA/USDT. Deposits for this coin (ERC20 Network Supported) have already been enabled. NVA Token […]
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PRESS RELEASE. SundaeSwap (SUNDAE) has been added to the list of tradable assets supported by leading cryptocurrency exchange Bitrue. This development comes at a time when the launch of SundaeSwap on Cardano (ADA) was met with many technical issues such as congestion which still continue even now. Still, Cardano developers have stated that fixes are […]
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PRESS RELEASE. In the world of cryptocurrencies, it is important for any crypto exchange to offer plenty of different options when it comes to making money. This is precisely why Bitrue, a leading cryptocurrency exchange, has recently announced the launch of a new yield farming hub, available to all of its users from January 10th […]
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Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability to decentralize products and services has long been among its key value propositions, especially when providing […]
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Beyond expanding the reach of blockchains’ functionality, projects are striving to improve upon existing technologies with their capital injections to build a more safe, secure, and seamless user experience that will drive the next generation of products and services. Moma Protocol Receives $2.25 Million to Pursue Infinite Liquidity As the number of different decentralized finance […]
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The crypto exchange platform plans to support blockchain startups working on paradigm-shifting use cases for the emerging technology.
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Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets as collateral to get loans paid out in fiat or stablecoin. […]
The post Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market appeared first on Bitcoin News.
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