The Indian crypto exchange announced a recovery program of up to 25% for ethical hackers who can help recover the stolen stablecoins.
Digital Currency Exchange News
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Taiwan-based exchange BitoPro confirmed an $11.5 million crypto exploit weeks after the breach, saying user funds and withdrawals were unaffected.
58770 - News
Thailand’s SEC has ordered Bybit, 1000X, CoinEx, OKX and XT.COM blocked nationwide, citing unlicensed operation and money-laundering concerns.
16007 - News
KuCoin CEO BC Wong told Cointelegraph that some regulators might be using regulation to drive away global players and pave the way for domestic trading platforms.
3474 - News
MEXC aims to invest $60 million annually in Web3 infrastructure, prioritizing strategic partners and AAA-level projects.
4384 - News
The firm said it had chosen a “cease and retreat” strategy in response to allegations that the Lazarus Group laundered funds stolen in a $1.4 billion exploit of Bybit.
4154 - News
Amazon’s AWS powers some of the world’s leading crypto exchanges with high-throughput cloud infrastructure for crypto trading, presenting a central point of vulnerability.
6085 - News
Binance is set to launch LDUSDt, a new reward-bearing margin asset that users can obtain by swapping USDt from its Simple Earn product, emphasizing that it is not a stablecoin.
11222 - Opinion
Centralized exchanges remain vulnerable to massive breaches, but with self-custody evolving, people can protect their crypto holdings with advanced security features.
979 - Opinion
Centralized exchanges face a Kodak moment: Adapt to an open-access model or risk being left behind as decentralized exchanges gain traction.
2087 - Newsletter
FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations.
8141 - Opinion
Relying solely on VASP licenses and superficial compliance policies isn’t enough.
2935 - News
The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.”
2018 - News
S.BLOX aims to enhance WhaleFin’s user interface and features, reflecting Sony Group’s growing crypto ambitions.
4083 - Market Update
BTC price action may not inspire hodlers into a new U.S. macro data deluge, but behind the scenes, appetite for Bitcoin is alive and well.
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