Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Indian crypto exchange @WazirX hacked on July 18; $200M in assets stolen, including 15,298 $ETH, $102M in $SHIB, and $11.25M in $MATIC. Hacker’s wallet now holds 59,097 $ETH. WazirX halts withdrawals, suspects North Korea’s Lazarus group. #CryptoSecurity
Bybit reports a 17.8% increase in USDT holdings, a 400% surge in USDC deposits, and a decrease in DAI by 33%. Meanwhile, $BTC and $ETH show modest gains of 5.62% and 0.46%. #Update #CryptoNews
? The WazirX hacker converted all stolen altcoins into $ETH, amassing 59,097 ETH worth $201M. This move comes just before the Ethereum ETF launch, which could push ETH to $4,000. The hacker still holds $12-$15M in other altcoins like CHR, CELR, OOKI, and FRONT. #CryptoNews
India’s largest crypto platform, @WazirXIndia, was hacked, losing $235M, including $100M in $SHIB and $52M in $ETH. The attack, possibly by North Korea’s Lazarus Group, has led to a 9.2% Bitcoin discount in India. #CryptoSecurity
Mumbai’s @WazirXIndia faced a $230M hack due to a flaw in Liminal’s interface. Signs point to North Korea’s Lazarus group. Nearly half the funds offloaded; potential freeze on $102M. Highlights urgent need for better crypto security. #Update
Kraken Institutional expands crypto custody services to the UK and Australia. This marks their first international move since March 2024. Supported assets include $BTC, $ETH, and $USDC. This strategic step aims to enhance local engagement in crypto markets. #Update
? Major breach: Indian crypto exchange @WazirX lost over $234M in assets due to a hack on its Ethereum-based wallet. Hackers swapped stolen tokens for $ETH using Uniswap V3. Withdrawals suspended to protect users. #CryptoSecurity #Update
? Indian crypto exchange WazirX hacked, losing $235M. Suspicious transactions detected by Cyvers, funds mixed via Tornado Cash. Blockchain detective ZachXBT traced attacker’s wallet holding $100M in $SHIB, $11.2M in $MATIC. WazirX pauses withdrawals. #CryptoSecurity
Indian crypto exchange @WazirX suffered a $230M security breach affecting $SHIB, $PEPE, $ETH, and $MATIC. Unauthorized transfers from a multisignature wallet led to asset dumps. Withdrawals paused to protect user funds. Highlights urgent need for enhanced crypto security measures. #CryptoSecurity
Upbit restricts crypto trading for employees, blood relatives, and executives ahead of the Virtual Asset User Protection Act (VAUPA) on July 19. The exchange’s transparency report includes measures against insider trading and price manipulation. This move aims to ensure user safety and market stability. #CryptoRegulation
BlockFi will start compensating U.S. clients via @Coinbase in July 2024 after concluding bankruptcy proceedings. The delays were due to regulatory challenges. Partnerships with Three Arrows Capital and FTX resulted in settlements of $409M and $874.5M. #Crypto #Update
Binance will delist $ICP/$BNB and $MAV/$TUSD pairs on July 19 due to low liquidity. Despite this, $ICP rose 8% to $10.12, and $MAV surged 8% to $0.2304. Binance also launched “The Battle of The Meme Dogs” featuring $SHIB and $DOGE, ending July 29. #Update
FTX agrees to a $12.7B settlement with the CFTC over fraud allegations, aiming to expedite Chapter 11 proceedings and compensate creditors. $4B is for disgorgement and $8.7B for damages. Court review on Aug 6, 2024. #CryptoRegulation #Update
Ethereum’s supply on exchanges hits a 34-month high as $ETH surges past $3,500, trading at $3,490. Daily volume jumps 7.6% to $19.8B. Whale transactions drop 12%, smaller deposits drive the supply rise. #Ethereum #Update
