The latest rise in the crypto markets seems to have rugged most of the bears as the selling pressure is slowly dropping. Now that the Bitcoin price has made a move above $64,000 in the early trading hours, the next move could elevate the levels above $65,000.
Ethereum, title or not? The SEC puts a stop to Consensys, but the match is far from over.
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TL;DR Massive Breach: Hackers exploited a vulnerability in BingX's hot wallet, stealing $52 million worth of digital assets, primarily Ethereum (ETH) and Binance Coin (BNB). Swift Response: BingX suspended withdrawals and assured users that it would cover the stolen assets from its own reserves. Most assets remain secure in cold wallets.
Crypto is not a threat but a real opportunity for African countries to gain a stronger foothold in the rankings of global economies.
TV icon David Letterman reportedly cracked jokes during the jury selection process for a crypto fraud trial—but didn't make the cut.
FTX, a defunct crypto exchange is preparing to distribute $16 billion to its creditors in just two weeks, a major event expected to take place in Q4 2024. This large sum of liquidity could flow back into the cryptocurrency market, potentially fueling bullish trends across various digital assets.
Crypto exchange BingX commits to a user compensation plan following a multimillion-dollar hack on its hot wallet.
Discover the top 5 altcoins that have the potential to skyrocket by 500x!
A Texas court has ruled to dismiss the Lawsuit filed by Consensys against the SEC. Consensys warns that classifying Ethereum as a security could impose heavy regulatory burdens.
Brazilian authorities have uncovered a $9.7 billion crypto laundering scheme, arresting suspects in multiple cities as part of a major financial crime investigation.
Consensys said that the Texas court today dismissed our lawsuit on procedural grounds without looking at the merits.
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.
At the moment, the situation should be under control with “minor losses” sustained.
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?
BingX claims withdrawals and deposits will be restored within 24 hours.
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.
Cryptocurrency exchange BingX suffered a $43 million hack, prompting a temporary suspension of withdrawals and a pledge to fully reimburse affected users.
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.
Further investigations suggest that some of the stolen funds have been moved through the decentralized exchange Kyberswap.
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.
BlackRock has amended its custody agreement with Coinbase, updating operational procedures for its iShares Bitcoin Trust ETF. According to an SEC filing dated Sept.
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.
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.
Singapore-based virtual currency exchange, BingX, has confirmed a security breach leading to a "minor asset loss" after the company detected suspicious outflows from one of its hot wallets.
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.