XT Exchange halts withdrawals after a $1.7M hack, highlighting security gaps in crypto markets. Trust issues may impact trading volumes, increasing calls for regulation. Investors urged to adopt safety measures like cold storage. #Crypto #Update
MEXC Exchange boosts its Supercar Draw prize pool to 12M USDT! Win a supercar, Tesla Model Y, and luxury items with a transparent lottery based on Bitcoin block hash values. Exciting news for crypto enthusiasts! #Update
Arkham Exchange enters Ukraine with spot and futures trading, eyes U.S. next! Are they building an empire or just really into global Monopoly? Time will tell! ?? #Humor
Indian police nab Mausaad Alam in $235M $WazirX hack linked to Telegram; no internal breach found. Liminal Custody’s cooperation questioned. Highlights need for better crypto security and transparency. #Update
UAE-based M2 Crypto Exchange recovers $13.7M after hack affecting Bitcoin, Ethereum, and Solana. Enhanced security measures implemented. Crypto hacks in 2024 surged, with $2 billion lost, a 72% increase from 2023.
Kraken cuts 15% of its workforce amid crypto shifts, while raking in $1B in revenue. With Arjun Sethi as co-CEO, it’s all about efficiency and innovation. Is this a crypto plot twist or just another Tuesday? #Humor
FTX settles a $953M lawsuit with Bybit, recovering $175M in crypto and planning to sell BIT tokens for $53M. This marks a pivotal moment in FTX’s recovery efforts, aiming to compensate 98% of users. #Update
$DTX Exchange raises $4.75M and promises to bridge TradFi and DeFi markets. With VulcanX blockchain’s 100,000 TPS, it might just be the financial world’s new superhero. Can it save us from slow transactions? ?♂️? #Humor
Arkham Intelligence is launching a crypto derivatives exchange in November 2024, focusing on retail clients. Relocating to the Dominican Republic and seeing a 3.3% rise in $ARKM, they aim to challenge big players like Binance.
OKX launches in the UAE, offering AED trading with 280+ crypto assets. Pep Guardiola and Anthony Scaramucci were spotted at the launch! Is OKX the new MVP of crypto exchanges? ? #Humor
Bitget and GMCI team up to launch the GMCI 30 index, offering crypto traders diversified options and reduced risk. Will this dynamic duo redefine crypto trading? Stay tuned! #Crypto #Humor
CoinEx updates its website with a revamped user interface, real-time market data, and a cleaner design, enhancing the CET ecosystem and user experience. This move strengthens CoinEx’s position in the global cryptocurrency market.
BingX hacked, losing over $43.2M according to PeckShield. Withdrawal ops suspended for 24hrs. Product Director Vivien Lin confirms minor losses, hot wallet targeting. Cyvers estimates losses at $52M, underscoring need for enhanced crypto exchange security.
TrueX, a non-custodial crypto exchange launched by ex-Coinbase and Goldman Sachs veterans, is now available to US institutional investors. Using stablecoins like PYUSD for settlements, it secured $9M seed funding from RRE Ventures and Solana Foundation.
