Stablecoin issuers Tether and Circle have frozen tokens linked to a security breach at Binance, as the exchange estimated the total impact at about $6.3 billion. Binance disclosed the incident on Thursday, October 29, and said around $3 billion had
Bitcoin & Altcoins
Business
Ledger has confirmed an unauthorized hardware implant in one customer device linked to cryptocurrency losses involving reseller CryptoBilis. The hardware wallet maker is investigating reports from users in Southeast Asia whose funds disappeared after they bought devices through the reseller.
Policy
WASHINGTON, D.C. / CryptoWire.AI / – U.S. banking regulators are opening the door to crypto banks that enjoy bank-like benefits without matching safeguards, according to Washington-based advocacy group Better Markets. In an October 27 analysis, the group said actions by
Blockchain & DeFi
WASHINGTON, D.C. / CryptoWire / – The International Monetary Fund has found clear demand for tokenized U.S. stocks despite thin liquidity and higher volatility. Its latest financial stability analysis examined trading in some of the most active blockchain-based equity products.
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
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
