Crypto exchange BingX confirmed that it experienced a “minor asset loss” after detecting suspicious outflows from one of its hot wallets. In a post on Sept.
German authorities have seized 47 cryptocurrency exchanges used for money laundering and cybercrime
Is Russia's plan to introduce tax on the energy consumption of crypto miners is part of a broader strategy to regulate the crypto sector?
The U.S. Securities and Exchange Commission (SEC) has launched its first crackdown on "pig butchering" scams in the cryptocurrency space, targeting two alleged fraudulent platforms.
BingX crypto exchange may have lost over $50 million in a hack, with the total losses yet to be confirmed.
The government of Germany would have interrupted the activities of 47 crypto exchange accused of having set up computer frauds.
The Bank of Japan maintained interest rates at 0.25% as inflation rose to 2.8%, signaling potential future hikes while crypto markets reacted positively to the news.
Decentralized infrastructure firm Fluency on Friday launched its staking program, inviting community members to earn rewards.
In a turn of events, the US Securities and Exchange Commission (SEC) has requested a court extension on its time to complete the fact discovery requirements for the lawsuit against Coinbase. The extension seeks to delay the deadline by four months, setting the new date after the US elections.
The licence enables expansion of e-money and fiat payment services in Bahrain.
Rep. Ritchie Torres (D-N.Y.) raised concerns over the usage of the term “digital asset security” by the U.S. Securities and Exchange Commission (SEC,) questioning its legal basis and origin.
The exchange says it quickly activated an emergency plan, suspending withdrawals and transferring assets to safeguard user funds.
SkyBridge Capital founder Anthony Scaramucci on Friday revealed that Democrat presidential candidate Kamala Harris is developing her campaign's crypto policies. Scaramucci and a group of crypto advocates working with Harris assisting with the release ahead of the elections in November.
The agency is taking its time, perhaps in the hope of postponing everything until after the elections, closing the matter with an agreement.
Crypto.com has secured a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). This license allows the crypto exchange to offer e-money and fiat-based payment services, including its prepaid cards, in the region. The approval adds to Crypto.com's growing list of regulatory approvals worldwide, further solidifying its global presence.
Kamala Harris is working with Anthony Scaramucci for establishing clear crypto policies on her campaign ahead of the US elections.
A Telegram-based crypto trading bot named Banana Gun has been targeted, resulting in nearly $2 million in losses.
A judge has thrown out the lawsuit Consensys filed against the SEC which asked the regulator to officially declare that Ethereum is not a security and to stop the SEC from taking action against Consensys' MetaMask wallet.
The new business is the latest of several digital asset companies Deus X Capital has a hand in.
BingX has temporarily suspended withdrawals following a suspected hacker attack on its hot wallet, with blockchain analysts estimating losses exceeding $40 million.
A Texas federal judge has dismissed a lawsuit filed by blockchain firm Consensys against the Securities and Exchange Commission, along with its commissioners including Chair Gary Gensler.
BlackRock's iShares bitcoin ETF has amended an agreement with Coinbase to withdraw bitcoin to the public address even if trade credits remain unpaid.
Crypto evangelist Nic Carter has recently exposed how the Federal Reserve has played a crucial role in pushing the crypto-friendly Silvergate Bank to the path of bankruptcy. He added that as part of Operation Choke Point 2.0, Biden's regulators – the Fed, FDIC, and OCC – systematically cracked down on banks serving the crypto space.
German regulators have shut down 47 cryptocurrency exchanges, accusing them of maintaining an "underground economy" for cybercriminals.
The Singapore-based crypto exchange BingX suffered a security hack on its hot wallet, resulting in $43 million being taken from the platform.
The US Securities and Exchange Commission (SEC) is regularly criticized by government officials and crypto leaders for its claim on “Digital Asset Security.” The commission recently issued a rare apology in the Binance case, admitting that its use of the term “crypto-asset securities” caused confusion.
Singapore-based crypto exchange BingX on Friday confirmed a security breach after observing numerous “suspicious” outflows from one of its hot wallets online. Consequently, the exchange promised to compensate users for the losses.
The crypto market experienced a remarkable bullish reaction after the long-anticipated rate cut by the U.S. Federal Reserve.
German authorities seized 47 cryptocurrency exchange platforms helping criminals, including ransomware gangs, to launder money. These exchanges let users trade cryptocurrencies without following the “Know Your Customer” (KYC) rules, allowing them to remain anonymous during transactions. This anonymity made it easier for cybercriminals to hide their illegal profits.
The U.S. Securities and Exchange Commission has secured a big victory, with Judge Reed O'Connor dismissing the Consensys lawsuit against the regulatory agency.
Hacker have moved the stolen assets to decentralized exchanges.
On Thursday, Commerzbank announced that it had teamed up with Crypto Finance, a subsidiary of Deutsche Börse, to offer secure trading and custody of cryptoassets to its corporate clients. This move comes shortly after Crypto Finance reached a similar agreement with Zürcher Kantonalbank in Switzerland.
The U.S. state of Louisiana has announced that residents can now use bitcoin, bitcoin lightning, and USD Coin to pay for state services through private, secure crypto wallets.
Louisiana State Treasurer, John Fleming, M.D. announces an innovative transition with the state government's plan to accept cryptocurrency as a valid form of payment, allowing the integration of digital currency into Louisiana's public operations.
According to a report by Kyle Bakx and Meegan for CBC News, the Bank of Canada has paused its efforts to introduce a digital version of the Canadian dollar.
Chainalysis CEO Michael Gronager believes “it's not much further away” before governments use AI agents to catch onchain crypto wrongdoers.
Chainalysis CEO Michael Gronager believes “it's not much further away” before governments use AI agents to catch onchain crypto wrongdoers.
The crypto exchange BingX reportedly lost over $26 million in various digital assets early Thursday morning. This incident adds to a troubling week for crypto platforms as multiple hacks continue to expose vulnerabilities within the sector.
Texas court dismissed ConsenSys SEC lawsuit, ruling that the agency's enforcement actions do not constitute final agency decisions.
Commerzbank, one of Germany's largest banks, has partnered with Deutsche Börse subsidiary Crypto Finance to offer secure bitcoin and ether services to its corporate clients. The collaboration focuses on seamless trading and custody solutions, ensuring regulated access to digital assets for select clients in Germany.
German law enforcement agencies have taken action against 47 cryptocurrency exchange services operating within the country. The agency cited their involvement in facilitating criminal activities.
Global sports brand Puma has partnered with Web3 mobile game UNKJD Soccer to bring its licensed content into the blockchain gaming space. The collaboration is set to increase player engagement and promote mainstream adoption of Web3 technology.
Crypto exchange BingX has reported a potential security breach affecting its hot wallet. The incident has pushed the exchange to implement its emergency response protocols.
Bybit's head of institution has shared his insights into the possible effects of the Federal Reserve's rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage both retail and institutional investors to diversify their portfolios by exploring and investing in cryptocurrencies,” he opined.
In a detailed post on X, crypto analyst Jamie Coutts outlined various indicators he monitors to gauge when the market might pick up bullish momentum. Crypto Market Might Be In The Final Stage Of The Bearish Phase Coutts, Chief Crypto Analyst at the financial knowledge and education platform RealVision, noted that the cryptocurrency market has gradually declined.
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.
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.