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Following the recent Kroll cybersecurity breach, FTX Derivatives Exchange, a financially distressed cryptocurrency trading company, has opted to temporarily suspend accounts of impacted users accessing its claims portal.FTX's decision which was posted on X (formerly known as Twitter) was undertaken as a proactive measure aimed at preventing the occurrence of
Read MoreCrypto blockchains are designed to be fully decentralized so that no single person or group has control. However, new data has shown
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dropbox is transitioning from its once-unlimited Advanced storage plan to metered offerings, driven by rising misuse, including cryptocurrency mining activities. In response to the increasing misuse of its Advanced storage policy, particularly for cryptocurrency mining, Dropbox is
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Pepe Coin’s price plunged 20% in one week as substantial token transfers by the developer team to exchanges ignited fears of rug-pull, shaking investor confidence. Pepe Coin, once a celebrated deflationary meme coin, has found itself at
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has partnered with the KYC provider known as Liquid to reenter the Japanese market. Liquid offers a facial authentication tool for KYC purposes. It uses an AI-based image processing capability. It enables identity verifications that
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This week, Coinbase’s legal dispute with regulators unfolds as the crackdown on hacks and scams intensifies. Meanwhile, Worldcoin is under scrutiny and FTX announces reorganization plans. Coinbase vs. US SEC Coinbase Global (COIN) continues to garner significant attention for its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). Coinbase CEO Brian
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kenya has suspended all Worldcoin project activities in the country until it can be confident that there are no risks to the public. The Ministry of the Interior and National Administration in Kenya announced on Aug.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Decentralized exchange (DEX) LeetSwap, operating on Coinbase’s Base network, has temporarily halted trading due to concerns over a potential exploit. According to an Aug. 1 tweet from LeetSwap, the exchange detected suspicious activity in some of its
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The Ethereum DeFi space is currently experiencing a rough few hours. All major DeFi coins are posting deep red numbers in the last 24 hours: Compound (-18%), Aave (-10%), Curve (-10%), Frax (-6%), and Synthetix (-6%). The reason? Curve Finance, a flagship decentralized exchange specializing in stablecoin swaps, recently suffered a
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Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem. Original Source
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