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Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack. “We’re working with legal experts to help us formulate an effective method for enabling withdrawals,” the exchange stated. Additionally, Wazirx revealed that its bounty program has attracted 344 bounty hunters to help recover the stolen funds. … Read more
Base blockchain has emerged as one of the fastest-growing networks in the crypto space, recently becoming the second-fastest blockchain to reach the 100 million unique addresses milestone. It accomplished this feat in approximately 420 days, just behind BNB Chain, which reached the same milestone in 414 days. . @base is currently the second-fastest blockchain among … Read more
Galois Capital, a prominent player in the crypto market, has built a substantial position of 1.68 million UNI tokens, worth $10.68 million, over the past 11 months. With an average purchase price of around $6.35 per token, the position currently reflects a floating loss of $720,000 as UNI prices have fluctuated. 🔓 Top 7 Token … Read more
A seasoned cryptocurrency whale, active since 2017, has made a significant move in the Binance Coin (BNB) market after an 11-month hiatus. On September 17, 2023, this OG address withdrew 26,150.997 BNB from Binance at an average price of $216 per token. This strategic purchase has since yielded a substantial profit of $7.61 million, reflecting … Read more
According to the latest report from CoinShares, digital asset investment products experienced net inflows of $176 million last week, as investors took advantage of recent price dips to increase their positions. Ethereum led the way with impressive inflows of $155 million, bringing its year-to-date total to $862 million—the highest since 2021. Bitcoin, meanwhile, saw more … Read more
The recent market downturn has taken a toll on Ethereum, leaving only 66% of addresses in profit, a significant drop reminiscent of October 2023, when Ethereum was trading around $1,800. This decline has pushed a substantial portion of Ethereum holders into the red, marking one of the lowest profitability levels seen in nearly a year. … Read more
The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess the compliance of Worldcoin, the biometric and universal basic income (UBI) project, with the country’s laws. The head of the institution, Fabrizio Peralta-Diaz, lamented this situation, stressing that it needed access to the necessary tools to examine … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other countries to receive help from international institutions like the IMF even when adopting bitcoin as legal tender. Latam Insights Encore: El … Read more
Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while 14 others involved have been apprehended … Read more
The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by accommodating six specific digital asset-related services, including exchanges and custodial wallet providers. Thai SEC Launches Digital Asset Regulatory Sandbox The … Read more