Hundreds of millions of dollars in funds were mysteriously siphoned out of the collapsing crypto exchange FTX on Friday, in what company executives have referred to as a potential hacking …
Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse
Crypto lender BlockFi said it could not conduct business as normal and would be limiting activity in the wake of FTX's collapse. The company said in a tweet that the "lack of clarity" around FTX's …
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FTX collapse: The crypto industry’s Lehman Brothers moment
The world’s third-largest cryptocurrency exchange, FTX, started the year with a $400 million Series C funding round, taking its valuation to over $32 billion. Ten months later, the crypto exchange is …
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It’s obvious that crypto exchanges need to double down on security
Security concerns around cryptocurrency are long-lived but the recent news of Deribit’s hacking has added a meaningful slug of fuel to the fire. The leading derivatives exchange was revealed to have …
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$28M stolen from cryptocurrency exchange Deribit, details inside
Cryptocurrency options and futures exchange Deribit has been hacked, with $28 million being drained from its hot wallet. During an appearance on CoinDesk TV on Wednesday, Deribit's chief commercial …
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Crypto Exchange FTX to Compensate API Phishing Victims With as Much as $6M
Cryptocurrency exchange FTX has agreed to reimburse victims of this weekend's phishing attack with up to $6 million, according to the exchange's CEO, Sam Bankman-Fried. The phishing scam was in …
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Gate.io users at risk as scammers fake giveaway on hacked Twitter account
Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an ongoing fraudulent Tether giveaway. Social media platform Twitter …
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In a Record, Crypto Exchange Is Fined $24 Million for Breaking U.S. Sanctions
The cryptocurrency exchange Bittrex was fined $24 million for breaking United States sanctions, the Treasury Department announced on Tuesday, the largest penalty the government has imposed on a crypto …
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Brazil’s Securities Market Regulator Targets Mercado Bitcoin over Token Sale
The Brazilian Securities and Exchange Commission (CVM), the securities market regulator in Brazil, has ordered Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, to provide information on …
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CoinDCX Twitter locked: Hacking verified accounts a new exploit for crypto scammers
The Twitter account of the Indian crypto exchange CoinDCX was hacked on September 20. The intruders posted fake Ripple (XRP) promotions embedded with phishing links in an attempt to scam users. …