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The figure could rise to as high as 29.35 cents on the dollar depending on recoveries in relation to its debt restructuring plan. The proposals have been pushed back by major creditors, who have requested a review of Zipmex's assets and liabilities, Bloomberg reported. The Singapore-based exchange has $97.1 million
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"At present, we can confirm that the losses are about $26 million in crypto assets, and despite it being a sizable amount, Kronos remains in good standing. All losses will be covered internally, and no partners will be affected," the firm later posted on X. Source
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Brad Garlinghouse, the CEO of Ripple, expressed his views on the aftermath of their legal battle with the US Securities and Exchange
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The decentralized exchange KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange wants 90% of the loot returned by 6 am UTC on Nov. 25.On Nov. 23, KyberSwap alerted users that its liquidity solution,
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The attacker had said negotiations would start when they are "fully rested," and hasn't been heard from since. Source
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Blockchain Association slammed the OFAC stating that the regulator should catch hold of individuals engaging in illicit activities instead of imposing the ban. The Blockchain Association has reiterated its support for six plaintiffs challenging the US Treasury Office of Foreign Assets Control (OFAC) over the sanctions imposed on Tornado Cash,
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The international arm of Spanish lender Banco Santander has reportedly rolled out a new service, allowing clients with Swiss accounts to invest in and trade Bitcoin (BTC) and Ether (ETH).According to a report from Cryptox claiming access to a leaked internal communication, high-net-worth individuals of Santander Private Banking International will
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Crypto exchange Poloniex recently posted a message to the hacker responsible for stealing over $100 million in digital assets from one of its wallets, saying that it has identified the person and is giving the perpetrator a chance to return the assets in exchange for a $10 million bounty. An on-chain
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In a Nov. 14 post on X from WuBlockchain, it was confirmed that several community users had reported they received phishing emails from an “Opensea official.” As part of these emails, users were being offered NFTs. Plenty of phish in the sea Recently, a large number of community users have reported that they
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The Tron founder said Poloniex hackers have seven days to return a bulk of the funds in exchange for a white hat bounty or law enforcement would be engaged for a remedy. Justin Sun provided three wallet addresses to which hackers could transfer the stolen funds. Sun also added that an
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