Tuesday, March 18, 2025

Bitpoint Taiwan Sues Parent Exchange for Overbilling After July Hack

 The Taiwan-based subsidiary of hacked crypto exchange Bitpoint Japan will file a $9.4 million damages suit as it claims to have been overbilled by the parent exchange.Overbilling is ‘clearly’ erroneousBitpoint Taiwan reportedly found that total funds it collected from local clients have been short by 500 million yen ($4.7

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Top-Rated Crypto Exchanges Comprise 5% of Total Trading Volume: Report

Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a CryptoCompare report published on Aug. 21 reveals.As of July, D-E rated low-quality exchanges represented 64% of trading volume —  a staggering $316 billion — whereas top-rated AA platforms accounted for just 5% or $31 billion.A-rated exchanges

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Saudi Arabia Cautions About a Crypto Scam Supposedly Affiliated with the Kingdom

Saudi Arabia’s Ministry of Finance took the time to warn the general public of an ongoing crypto scam spearheaded by a Singapore-based crypto company.The Ministry of Finance revealed that although the so called crypto firm claims to be affiliated with the Kingdom, its token and operation are neither recognized or

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