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news-imageSeptember 20, 2024

North Korea-linked hack costs crypto exchange BingX $52 million in crypto

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.
Publisher: CryptoSlate
Sentiment: Negative
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Positive
cover-imageBitcoin
September 20, 2024

Homnifi: Bridging Innovation and Global Support for Big Ideas

In a world abundant with ideas, the primary challenge lies not in generating new concepts but in securing the necessary support to bring these ideas to fruition. Homnifi leads this transformation, facilitating the connection between startups, founders, and the resources required for success. Historically, only firms with substantial capital were capable of assisting new ventures.

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Negative
cover-imageCrypto Economy
September 20, 2024

Shocking Crypto Theft at BingX! How Did Hackers Breach Their Hot Wallet?

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.

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Positive
cover-imageCoinPedia
September 20, 2024

FTX Set to Release $16 Billion to Creditors: Will It Spark a Crypto Surge?

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.

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Positive
cover-imageCryptoTicker
September 20, 2024

Top 5 Altcoins for 500X Growth

Discover the top 5 altcoins that have the potential to skyrocket by 500x!

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Negative
cover-imageTheNewsCrypto
September 20, 2024

Consensys' Lawsuit Against SEC Rejected by Texas Court

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.

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Negative
cover-imageCrypto news
September 20, 2024

Brazil police bust $9.7b crypto laundering scheme

Brazilian authorities have uncovered a $9.7 billion crypto laundering scheme, arresting suspects in multiple cities as part of a major financial crime investigation.

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Negative
cover-imageCoinspress
September 20, 2024

SEC Targets New Crypto Scam: Two Fake Exchanges Exposed

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.

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Negative
cover-imageBitcoinist
September 20, 2024

SEC Vs. Coinbase On Pause: US Regulator Requests 4-Month Fact Discovery Delay

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.

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Positive
cover-imageCoingape
September 20, 2024

Breaking: Anthony Scaramucci Says Kamala Harris Developing Crypto Policies

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.

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Positive
cover-imageBitcoin
September 20, 2024

Crypto.com Gets Bahrain License, Amber Group Approved in Dubai

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.

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Neutral
cover-imageCoinpaper
September 20, 2024

Texas Judge Dismisses Consensys Lawsuit Against SEC

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.

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Neutral
cover-imageTrustnodes
September 20, 2024

BlackRock Lowers Crypto Window

BlackRock's iShares bitcoin ETF has amended an agreement with Coinbase to withdraw bitcoin to the public address even if trade credits remain unpaid.

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Negative
cover-imageCoingape
September 20, 2024

Silvergate Bank Bankruptcy: How Fed's Operation Choke Point 2.0 Collapsed Crypto Banking

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.

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Negative
cover-imageCryptopolitan
September 20, 2024

SEC made up ‘digital asset security' out of thin air, says US Rep

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.

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Neutral
cover-imageCryptonews
September 20, 2024

Crypto Exchange BingX Vows to Compensate Users After $26M Hack

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.

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Negative
cover-imageCoinPedia
September 20, 2024

Crypto Crackdown: Germany Authority Closed 47 Crypto Exchanges Used by Ransomware Gangs

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.

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