FTX, a once-prominent crypto exchange, has been the victim of a cybersecurity breach. The breach, reported on Friday, has led to the compromise of non-sensitive customer data belonging to specific claimants. FTX has reassured its customers that its own account passwords, systems, and funds have not been compromised.Kroll, the claims agent working on the bankruptcy […]
FTX and BlockFi have recently been targeted in a phishing scheme as a result of a security breach of their bankruptcy case claims agent, Kroll. Kroll is in the process of notifying affected individuals and providing guidance on how to protect themselves. FTX has stated that their account passwords and systems remain uncompromised.BlockFi has also […]
The US Securities and Exchange Commission (SEC) has been known for its continued crackdown on the crypto industry over the last few years. Charles Hoskinson, the founder of Cardano, believes that the agency’s actions are politically motivated. He believes that the regulator is trying to save face in the wake of the fall of disgraced […]
HashKey, a cryptocurrency exchange based in Asia, is set to launch Bitcoin and Ethereum trading services for Hong Kong’s retail customers on August 28. Weng Xiaoqi, the chief operating officer of HashKey Group, revealed the company’s strategic direction during a media briefing.The exchange will deploy an investor grading system to tailor investment experiences for newcomers, […]
Bitcoin supply on exchanges has dropped to its lowest level in six years, according to crypto analytics platform Santiment. On-chain data shows that only 5.8% of the total BTC supply is currently sitting on trading platforms.The low level of BTC supply on exchanges indicates that investors have not regained their trust in centralized platforms, and […]
XRP has been struggling to maintain its upward momentum following Judge Torres’ summary judgment that XRP is not a security. This has caused investors to sell off their holdings, and a large whale has moved 29 million XRP, valued at over $15 million, to a crypto exchange. This has caused the XRP price to decline […]
TOKEN2049, Asia’s premier Web3 and crypto conference, has announced an international DJ line-up for AFTER 2049, the official closing event of its upcoming Singapore edition. The event will take place on Friday, 15 September at the 57th floor of Singapore’s iconic Marina Bay Sands building.Headlined by award-winning DJ and producer Shimza, house icon Enzo Siffredi […]
P2P Bitcoin marketplaces are an important way for users to move money across borders, but their future depends on becoming unstoppable and permissionless, according to Paxful’s Ray Youssef. Youssef, alongside Nicolas Gregory and Antoine Riard, is developing CivKit, a P2P marketplace that will use the technology of Nostr and the Lightning network to power a […]
An on-chain sleuth, ZachXBT, recently alerted the community of a potential scam masquerading as a legitimate lending protocol called Magnate Finance on the Base blockchain. The deployer address was linked to two DeFi projects that turned out to be exit scams. The project’s website is now offline and its Telegram group was deleted.The analyst revealed […]
Num Finance, an Argentina-based company, has launched nCOP, a stablecoin tied to the Colombian peso, aiming at the remittance market. Polygon zkEVM has also seen increased participation, with over 400,000 addresses having engaged on-chain, more than doubling since July 1st. Deposits onto the mainnet have surpassed $110 million thus far.API3, a blockchain Oracle provider, is […]
