Cryptocurrency Analysis and News Portal
The GDAC hot wallet hack occurred on April 9 when the perpetrator transferred the asset to unidentified crypto addresses. GDAC crypto exchange, a South Korean WEMIX-listed platform, has announced the loss of nearly $14 million in various digital assets through a system hack. As a result, GDAC has announced the suspension
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Lido is the largest decentralized finance protocol with $11.2 billion in total value locked, according to crypto stats website DefiLlama. The price of LDO, Lido’s governance token, currently sits at $2.50, down 6% in the past 24 hours, per CoinGecko. Original Source
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FTX’s European subsidiary, FTX Europe, has launched a new website, ftxeurope.eu, for users to withdraw funds from the now-defunct cryptocurrency platform. Withdrawal requests must be submitted through the new website and will be “subject to customary know-your-customer and anti-money-laundering checks.” FTX’s European Arm Opens Withdrawals to Customers According to a press release
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Amid the ongoing uncertainty around the global banking turmoil, Binance’s United States-based arm Binance.US is halting some services.According to Binance.US status dashboard, the U.S. crypto exchange on March 31 disabled Binance USD (BUSD) stablecoin pairs via One Common Billing System, referred to as OCBS.The affected services include BUSD crypto deposits
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ANZ, one of Australia’s “Big Four” banks, will cease facilitating withdrawals and deposits from a number of its Australian branches as it looks to push its customers toward using an ever-dwindling number of ATMs and deposit machines.The decision has received pushback, with critics such as Patricia Sparrow, CEO of the
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On March 28, Ethereum core developers confirmed the Shapella upgrade would take effect at 10:27 pm UTC on April 12. According to the announcement, Ethereum Improvement Proposal (EIP) 4895 will allow withdrawals after moving the staked Ether (ETH) from the Beacon Chain to the Ethereum Virtual Machine (EVM) — the execution
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Ethereum validators will soon be able to withdraw their Ether (ETH) from the Beacon Chain, with the Shapella hard fork set to be activated on the Ethereum mainnet on April 12.Shapella will take effect at epoch 194,048, which is scheduled for 10:27 pm UTC on April 12, Ethereum core developers
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After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99
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Major cryptocurrency exchange Kraken is experiencing difficulties with the withdrawal and deposit channel related to the automated clearing house (ACH) via Silvergate.Kraken has reportedly notified its users that it will be unable to support ACH deposits and withdrawals starting from March 27. According to multiple online reports by alleged Kraken
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Other services on the exchange remain as they were, and would not be affected by the upcoming change. Top cryptocurrency exchange Kraken has announced to its users that it will be suspending automated clearing house (ACH) deposits and withdrawals on March 27. According to a CoinDesk report, the decision stems from
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