Binance has suspended deposits and withdrawals after a security incident involving unauthorized withdrawals with an estimated total impact of about $6.3 billion. The world’s largest crypto exchange by trading volume disclosed the breach on Thursday, October 29. It said about
Bitcoin & Altcoins
Blockchain & DeFi
THORChain halted trading and signing activity after a compromised Asgard vault was linked to more than $10 million in unauthorized digital asset outflows, marking a significant security incident for the decentralized cross-chain liquidity protocol. The halt was announced on May 15
Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have exploited vulnerabilities in the exchange’s
Google Cloud has stepped into the Web3 arena with the launch of a new portal aimed at blockchain developers, offering datasets and tutorials on non-fungible tokens (NFTs). However, the reception within the cryptocurrency community has been polarized, eliciting a range
Crypto trader Avraham “Avi” Eisenberg has been convicted on all counts of fraud and manipulation in a $110 million cryptocurrency trading scheme involving the Mango Markets platform. This landmark verdict marks the first instance where a U.S. jury has assessed
The recent exit of Binance from Nigeria has sent ripples through the country’s cryptocurrency community, evoking both concerns and prospects for the future. Local stakeholders within the crypto sphere have expressed dismay over the prohibition of Binance’s naira operations, highlighting
The decentralized finance (DeFi) sector hit a significant milestone on March 9 as the total value locked (TVL) in DeFi protocols soared past $100 billion, indicating renewed enthusiasm in the crypto market. However, this achievement still lags behind the record
Bitcoin Dogs, the groundbreaking project heralding the world’s premiere Initial Coin Offering (ICO) on the Bitcoin Blockchain, is entering its final phase as it approaches the conclusion of its presale, with just seven days remaining. Within a remarkably short timeframe
In a bid to nurture burgeoning crypto startups, Tencent Cloud, the cloud services wing of the Chinese titan Tencent, has penned a pivotal memorandum of understanding (MoU) with Ras Al Khaimah Digital Asset Oasis (RAK DAO), an emblem of the
Uniswap (UNI), the governance token of the decentralized exchange, has witnessed a remarkable surge, climbing by 46% to trade above $17. This surge brings UNI to levels last seen in January 2022. Accompanying UNI’s price rally is a staggering 120%
Humanity Protocol, a cutting-edge project at the intersection of blockchain and digital identity, has garnered significant investment support from leading venture capital firms within the cryptocurrency space. Backed by prominent names like Animoca Brands and Polygon, the project recently concluded
Ethereum & NFTs
Hong Kong has stepped into the spotlight as the first Asian market to introduce retail investors to the trading of cryptocurrencies at spot prices, with the launch of six spot bitcoin and ether exchange traded funds (ETFs) on Tuesday. The
