Binance has announced significant support for Sam Altman’s Worldcoin, adding it to its P2P platform with trades against several Latin American fiat currencies. Despite this, $WLD fell 5% to $2.39, though trading volume rose 20% to $236.13M. #CryptoNews
Indian crypto exchange @WazirX halted deposits/withdrawals after a $235M hack on July 22, 2024. The pause follows scammers impersonating WazirX via fraudulent emails. No timeline for resumption yet. #CryptoSecurity
WazirX co-founder @NischalShetty launches a $23M bounty program to recover $234M in stolen cryptocurrencies. The program includes a 10% white hat recovery bounty. Blockchain firm Arkham confirms $102M in $SHIB already sold. #CyberSecurity #Update
Bitcoin hits a new high at $67,539, with a 13.4% weekly surge boosting its market cap to $1.32T. Donald Trump to speak at Bitcoin 2024 conference. FTX settles $12.7B with CFTC; WazirX hacked for $235M. $ETH ETF launch may push price to $5K. #Update
Arkham Intelligence moved $487M in $ARKM tokens to Coinbase Prime on July 18, 2024, driven by regulatory compliance and tax needs. The tokens, from vesting contracts, will be managed with a 3-year unlock schedule. $ARKM’s price is $1.61, with a $390.2M market cap. #CryptoNews
Cryptocurrency exchange @WazirX reported a $235M hack on July 18, 2024. Suspected North Korean hackers targeted the exchange. WazirX is working with CERT-In and over 500 crypto exchanges to freeze hacker accounts and recover the funds. #CyberSecurity #Update
Coinbase CLO Paul Grewal urges the U.S. to adopt statute-driven crypto regulations amid SEC enforcement actions. This push highlights the need for clear rules to replace the current approach, as crypto companies seek stable legal environments like Europe’s MiCA regulation. #CryptoRegulation
Binance gains US court approval to invest customer fiat funds in US Treasury Bills, enhancing investment security amidst ongoing SEC case. This move, approved by Judge Amy Berman Jackson, allows Binance to hire third-party advisors for corporate assets. #Update
? The Hong Kong Stock Exchange ($SEHK) will debut Asia’s first Bitcoin inverse product on July 23, aligning with the U.S. launch of the Spot Ethereum ETF. Managed by CSOP, it offers a regulated way to hedge or profit from BTC price declines. Key features: 2.00% annual charge, -0.05% tracking difference.
#Bitcoin #CryptoNews
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
