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Crypto Exchange Upbit Survives Massive Wave of Hacking Attempts
October 9, 2023
In alarming cybersecurity news within the crypto industry, it has been reported that popular South Korean cryptocurrency exchange Upbit has been the target of a staggering 159,000 hack attempts during …
Read moreFTX's Fabricated Insurance Fund Figures Revealed, Says Co-founder Gary Wang
October 9, 2023
Testimony from FTX co-founder, Gary Wang, alleges that the crypto exchange misrepresented its insurance fund - a financial pool constructed to prevent user losses during large scale liquidation occurrences. Wang …
Read moreCrypto Exchanges Brace for Regulatory Changes under New UK Rules
October 9, 2023
Leading cryptocurrency firms including Binance and OKX are taking active steps to comply with new financial regulations in the United Kingdom. The UK's Financial Conduct Authority (FCA) introduced the Financial …
Read moreProspective Uptrend in Bitcoin Market Amid Potential Growth Signals
October 9, 2023
Insights from major crypto news headlines show a potential upsurge in the Bitcoin market. Various analyses of diverse key metrics suggest that the bear market phase for Bitcoin may be …
Read moreUK Regulator Flags HTX, KuCoin, Others as Unauthorized Operators
October 9, 2023
The United Kingdom's Financial Conduct Authority (FCA) has stated that 143 entities, including recognized crypto exchanges such as HTX and KuCoin, are operating within its jurisdiction without appropriate authorization. The …
Read moreU.S. Prosecutors Dismiss Relevance of Bankman-Fried's $500M Investment in Anthropic
October 9, 2023
The prosecution in the case against Sam Bankman-Fried has requested the presiding court to prevent the defense team from presenting any arguments related to potential recovery of FTX customer assets …
Read moreUS Considers Applying Electronic Fund Transfer Act to Crypto
October 9, 2023
The US Consumer Financial Protection Bureau (CFPB) is considering the application of the Electronic Fund Transfer Act (EFTA) to crypto platforms. The move is aimed at strengthening consumer protections in …
Read moreLearn Concept: Understanding the Impact of Regulatory Changes on Crypto Exchanges
October 9, 2023
Regulatory changes in the cryptocurrency realm can have vast impacts on crypto exchanges, such as Binance, often forcing them to adjust their procedures, services, and strategies. This article explores the …
Read moreStars Arena Covers $3M Exploit Loss: Set to Reopen After Audit
October 8, 2023
The social media dApp Stars Arena has successfully secured funds to reconcile a recent gap of $3 Million resulting from a security exploit. The announcement came after an alarming hack …
Read moreFormer FTX CEO Involved in Controversial Cases: Revelations and Criticisms
October 8, 2023
The ongoing court proceedings involving former FTX CEO Sam Bankman-Fried (SBF) and the now-defunct crypto-exchange continue to reveal significant details. Former FTX CTO Gary Wang testified that SBF allowed Alameda …
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