News - Page 1247 of 2267 - Cryptonews (Page 1247)

Binance Reports 30% Surge in Users, Facilitates 18% More Trades in 2023, Emphasizes Compliance Strengthening

Binance, the world's largest cryptocurrency trading platform, has reported substantial growth in its user base, experiencing a 30% increase in users in 2023 while emphasizing its compliance with various regulations. According to its recently released year-end report, the cryptocurrency...

, by Hassan Shittu

Blockchain Security Firm Says Pink Drainer Responsible for $4.4 Million LINK Exploit

Cryptocurrency hacking group, Pink Drainer has been linked to the recent $4.4 million LINK user drain, increasing the number of their victims to 9,068 with a total of $18.7 million stolen. According to on-chain analytics firm Etherscan, another user has fallen victim through an increased...

, by David Pokima

Catalyx Exchange Halts Operations Post Security Breach, Probing Potential Insider Involvement

Canadian cryptocurrency exchange Catalyx has temporarily suspended trading and withdrawals on its platform after discovering a security breach that it suspects may involve one of its employees. The exchange said it believes that this breach has resulted in the loss of a portion of the crypto...

, by Ruholamin Haqshanas

FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin

FTX Trading Ltd. affiliated debtors have submitted a motion for the entry of an order estimating the value of claims related to digital assets and fiat currency, including customer entitlement claims. In a filing made on December 27 in the United States Bankruptcy Court for the District of...

, by Hassan Shittu

Record Losses in Web3 May Be Coming as Crypto Prices Rise: Immunefi

Major bug bounty and security services platform Immunefi published a report detailing the loss of funds due to hacks and fraud in the Web3 ecosystem this year – and what might await in the next. The team looked into the volume of crypto funds the community lost in 2023, finding it to...

, by Sead Fadilpašić

Terraform Labs CEO Do Kwon Violated US Securities Law, Says Judge

US District Judge Jed Saul Rakoff said on Thursday, Terraform Labs CEO and founder Do Kwon violated the US securities law by failing to register UST and LUNA as securities. Rakoff, a judge at the US District Court Southern District of New York, agreed with the the Securities and Exchange...

, by Tanzeel Akhtar

Vitalik Buterin Blames Rising Transaction Fees for Web3’s Drift from Decentralization

In a recent blog post titled "Make Ethereum Cypherpunk Again," Ethereum co-founder Vitalik Buterin expressed concerns about the veering trajectory of Web3 from its original vision. Buterin contends that the foundational principles of Web3 have gradually receded as various projects within the...

, by Jai Pratap

India Blocks Binance and Other Major Offshore Exchanges Over Non Compliance

The Indian finance ministry has issued compliance show-cause notices to nine offshore cryptocurrency exchanges, including major players like Binance, Kucoin, Huobi, and others, accusing them of operating illegally in India without adhering to local money laundering laws. The affected...

, by Jai Pratap

Anti-Corruption Commission Reveals South Korean Lawmakers Traded $98M in Crypto Over Past Three Years

The Anti-Corruption and Civil Rights Commission has revealed that South Korean lawmakers engaged in crypto trading, totaling a staggering 125.6 billion won ($97.6 million) over the past three years. The commission's 90-day inspection into the virtual asset transaction records of all 298...

, by Jai Pratap

Privacy Advocate Exposes Ledger Live’s Tracking of User Data and Network Activity

A privacy advocate has alleged that the Ledger Live wallet software monitors its users and gathers information about them. In an X post published on Wednesday, privacy advocate and app developer REKTBuilder reported that Ledger Live conducts a “genuine device check” whenever users...

, by Brian Yue

Perpetuals Trading Protocol Levana Suffers Oracle Attack, Loses $1.14 Million

Perpetuals trading protocol Levana has fallen victim to an oracle attack, resulting in a loss of $1.14 million. According to a report from the Levana team, the exploitation happened between December 13th and December 26th, with the assailants siphoning off 10% of Levana’s liquidity pools. The...

, by Brian Yue

US Bankruptcy Court Approves $225M ‘MiningCo Transaction’ for Celsius, Prevents Securities Ruling in Chapter 11 Proceedings

Bankrupt cryptocurrency lending company Celsius Network has achieved a significant milestone in its Chapter 11 bankruptcy proceedings. The United States Bankruptcy Court for the Southern District of New York has granted approval for Celsius Network's proposed "MiningCo Transaction" within the...

, by Hassan Shittu

Hong Kong-Based Value Partners Plans to Tokenize 3 Tons of Gold and Roll Out Cryptocurrency ETFs

Value Partners, a Hong Kong-based company says it has plans to tokenize gold assets and also make an entry to the much anticipated Exchange Traded Fund (ETF) market. According to a report from local media sources, Zhao Shande, a senior strategist of the firm’s ETF business spoke on the...

, by David Pokima

Hashdex Launches New Ad Campaign Amid SEC Deliberation on Bitcoin ETF Approvals

Hashdex, an asset management firm, has released a new advertisement as the U.S. Securities and Exchange Commission (SEC) is in the process of reviewing applications for the listing of spot Bitcoin exchange-traded funds (ETFs) in the country. On December 28, Hashdex posted an advertisement on...

, by Hassan Shittu

Top Crypto Gainers Today on DEXTools – ANALOS, JUNO, VAB

Blue chip cryptocurrencies are mixed on Thursday, with Bitcoin (BTC) down 1.5% and back below $42,500, while Ether (ETH) is flat in the upper $2,300s, BNB is up 6.6% in the past 24 hours and Solana (SOL) and Avalanche (AVAX) are both down over 6% over the same time period, as per...

, by Michael Davis

‘OTC King’ Zhao Guilty of Unauthorized Crypto Operations, Says Chinese Legal Authority

China's Supreme Procuratorate has reportedly disclosed the details behind the seven-year prison sentence given to the founder of the over-the-counter (OTC) crypto trading desk RenrenBit, Zhao Dong. In a press release on December 27, the Chinese legal authority revealed that the convictions...

, by Jimmy Aki

Latest News (Page 1247)

Cryptonews in numbers