Recent events have made clear the need to regulate crypto, an industry that grew from nothing to a $3 trillion market capitalization a year ago, although most of that has now evaporated. But it also …
Hackers keeping stolen crypto: What is the long-term solution?
Even as the ongoing Binance-FTX saga continues to dominate the crypto airwaves, there has been a growing trend — an uneasy one at that — that has been garnering the attention of many digital currency …
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Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
Major cryptocurrency exchanges continue to carry out measures in the aftermath of FTX collapse, now halting deposits in Solana-based Tether. Binance announced on Nov. 17 that deposits of Solana-based …
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FTX Exploiter Swaps Thousands of Stolen BNB Crypto Tokens Into Ether, BUSD
Whoever was behind last week’s $600 million exploit of crypto exchange FTX converted over about $7.4 million worth of BNB tokens into ether (ETH) and binance USD (BUSD), a U.S. dollar-pegged …
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The FTX contagion: Which companies were affected by the FTX collapse?
While the FTX collapse may have had a severe effect on the broader crypto market, some companies bore the brunt of the impact and were directly hit by the storm that the embattled crypto exchange …
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Iranian-backed hackers compromise federal government network to mine cryptocurrency
Hackers backed by the Iranian regime broke into the network of a U.S. federal government agency and used that access to install cryptocurrency mining software, the Cybersecurity and Infrastructure …
Cryptos, DeFi are soft targets for cyber hackers says a Moody’s report
The cryptocurrency world is currently in the eye of a storm. The world’s second largest cryptocurrency exchange, FTX recently turned a victim to hackers who stole over $600 million worth of …
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Liquidity hub Serum forked by developers after FTX hack
Solana’s developers forked the widely used token liquidity hub Serum after being compromised by a hack on the bankruptcy exchange FTX on Nov. 11 that led to a series of unauthorized transactions. …
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California launches website to combat cryptocurrency scams and highlight risks
The California Attorney General’s office announced the launch of a new website Tuesday which will provide information about risks and scams associated with the purchase of cryptocurrencies. The …
Crypto Lender BlockFi Preps for Possible Bankruptcy Filing After FTX’s Woes
Crypto lender BlockFi is preparing a bankruptcy filing due to its "significant exposure" to the bankrupt crypto exchange FTX, according to the latest report by WSJ. Earlier the lender denied that it …
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