Australian crypto exchange CoinSpot hit by $2.4M hot wallet hack
A significant security breach has struck Australian crypto platform CoinSpot, resulting in a hot wallet hack of $2.4 million. The situation is believed to be due to a “private key compromise” of at least one of CoinSpot’s hot wallets. This analysis was provided by blockchain security enterprise, CertiK. Blockchain investigator ZachXBT noted two transactions entering […]
Japan freezes assets of crypto exchange allegedly supporting Hamas
The Japanese government has implemented a freeze on the assets of a cryptocurrency trading firm and nine individuals associated with Hamas, a Palestinian armed group. This move comes in response to allegations of the company and individuals funding the group, widely deemed a terrorist organization. The decision was made during a cabinet meeting on October […]
Changpeng Zhao tweet led to the collapse of cryptocurrency xchange FTX says Caroline Ellison
The downfall of cryptocurrency exchange FTX has been partially attributed to a tweet by Binance CEO Changpeng “CZ” Zhao, according to former Alameda Research CEO Caroline Ellison. According to former Alameda Research CEO Ellison testified in Sam “SBF” Bankman-Fried’s criminal trial that CZ’s tweet played a role in the demise of FTX. The tweet announced […]
What’s the best way to store your Bitcoin?
When it comes to storing Bitcoin, there are several options available. For small amounts and short-term holding, leaving it on the exchange where it was purchased is one option, although there is a risk of losing the Bitcoin in case of exchange problems. Another option is installing a Bitcoin wallet on your smartphone. While convenient […]
Crypto millionaires were found dead in 5-star Bali Resort
In May 2023, a grim incident unfolded at a lavish Bali resort, involving the murder of a crypto millionaire couple. The girlfriend was strangled in the bathtub, while her boyfriend, with 20 wounds, was found crawling in agony down the hallway. Authorities initially labeled it a murder-suicide fueled by passion, but puzzling elements surfaced. Questions […]
Robinhood is the 5th largest Ethereum whale with 1.7 million ETH in bag
Robinhood, the popular trading and investing platform in the United States, has emerged as the fifth-largest holder of Ethereum (ETH) with 1.72 million ETH in its digital wallet. This amounts to approximately $2.93 billion based on current prices. It is unclear whether Robinhood directly owns these coins or if it custodies them on behalf of […]
DYDX unleashes $14 Million token for community and traders
Decentralized exchange platform dYdX is unlocking $14.02 million worth of its native DYDX tokens to be distributed to its community treasury and as rewards for traders and liquidity providers. A total of 6.52 million tokens will be released, representing 3.76% of the DYDX circulating supply. The community treasury will receive 2.49 million tokens ($5.36 million), […]
Coinbase to delist six cryptocurrencies, know why?
Crypto exchange Coinbase has announced that it will be delisting six cryptocurrencies from its platform. These cryptocurrencies include BarnBridge, DerivaDAO, Jupiter, Multichain, Ooki, and Voyager. The delisting will take effect on September 6, 2023, at 9 a.m. PT. This decision by Coinbase has led to a decline in the value of these assets. The delisting […]
Coinbase Halts Trading of Three Major Stablecoins in Canada, Know Why?
Crypto exchange Coinbase has announced that it will suspend trading of RAI Reflex Index (RAI), Dai (DAI), and Tether (USDT) for its Canadian users, starting from August 31. Explained: The move comes as these cryptocurrencies failed to meet Coinbase’s “listing standards.” This is not the first time a crypto exchange has had to comply with […]