The first quarter of 2020 saw $5.1 billion added in volume to decentralized exchanges, 500% increase from the first 6 months in 2019. Data obtained from coindex This is made possible due to the recent rave that DeFi projects have caught on, the DeFi spark ignited the increased use of Read more…
Over the weekend, KuCoin lost about $275 million in BTC, XRP, BSV, XLM, TRX, stablecoins, ETH, and other ERC-20 tokens in a security breach. As we reported, the cryptocurrency exchange took full responsibility for the hack, obviously, and promised to cover all the losses through its Insurance Fund. Binance CEO Read more…
Quick Take KuCoin suffered the third-largest hack in history after losing an estimated $279 million The total amount stolen from exchanges has exceeded $1.79 billion with this hack In the last two days, the hacker has already sold $6.5 of the stolen assets on Uniswap Whether a small exchange like Read more…
It’s happened again, folks. Another innocent, unsuspecting cryptocurrency exchange has fallen victim to hackers and lost millions in digital funds. This time, the target was Ku Coin in Singapore, one of Asia’s most popular crypto trading platforms, and the total taken exceeds $150 million. Ku Coin Was Hit Hard The Read more…
Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ether and ERC20s to connect with the decentralized exchange (dex) Read more…
KuCoin, the cryptocurrency exchange hacked on Friday, has disclosed additional “suspicious addresses” to which a hacker sent around $10.7 million worth of Bitcoin. Tallying up all cryptocurrency addresses shared by the Singapore-based exchange brings the total amount lost in the hack to $203 million. (The true damage may be higher, Read more…
The US Securities and Exchange Commission has clarified how custodial broker-dealers like Coinbase can legally exchange digital securities on crypto exchanges without the SEC “recommend[ing] enforcement action” against them. Broker-dealers are licensed financial businesses in the US that are authorized to hold, buy, sell, and trade assets on behalf of Read more…
When cryptocurrency exchange KuCoin was hacked yesterday, reports circulated that hackers drained $150 million worth of cryptocurrency from its exchange. Today, KuCoin posted more “suspicious addresses.” Should its hunches about those “suspicious addresses” check out, the damage so far is closer to $200 million. Here’s the breakdown: $153 million of Read more…
KuCoin cryptocurrency exchange was hacked. At least $150 million in bitcoin (BTC), ethereum (ETH), and other ERC-20 tokens were drained from its hot wallets. Nonetheless, the price of bitcoin and ETH has remained unaffected by the malicious attack. Decentralized finance (DeFi) is also unfazed by the incident. 0794267552 KuCoin Hacked Read more…
Singapore-based cryptocurrency exchange KuCoin has been hacked. In a blog post released on Friday night, the exchange disclosed that it had “detected some large withdrawals since September 26, 2020” from its hot wallet. While the exchange has not disclosed the amount lost in the hack, one of the Ethereum addresses Read more…
DeFi is all the rage in today’s crypto world, and no one wants to be left behind, especially cryptocurrency exchanges. Over the past few months, we saw these exchanges rushing to DeFi space – in the fastest ever listing of these tokens, a complete U-turn from the past few years Read more…
The CEO of cryptocurrency exchange KuCoin today responded to questions about a hack that resulted in at least $150 million of Ethereum tokens being drained from the exchange’s wallets, as well as millions more from other blockchains, including $13 million from Tether based on the EOS blockchain. In a livestream Read more…
Quick take: KuCoin’s risk management system detected unusual crypto withdrawal activity beginning today, 2:51 am (UTC +8) The exchange soon confirmed it was a hack KuCoin CEO, Johnny Lyu, confirmed KuCoin has an insurance fund to cover all losses $150 Million in Bitcoin, Ethereum and other ERC20 tokens was taken Read more…
The KuCoin crypto exchange released a statement in which they informed it was hacked for $150 million worth of virtual currencies. According to information released in a blog […] Source Author: Carlos Terenzi
Russia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from Roskomnadzor. In an announcement on its Russian Read more…
Kucoin, a Singaporean cryptocurrency exchange, disclosed that it was hacked and plans on reimbursing customers whose funds were stolen. Source Author: Ada Hui
Uniswap’s UNI token has seen its price stagnate in the time following its rebound from lows of $3.75. Shortly after being announced, the token gained listings on a plethora of exchanges, including Coinbase, Binance, and others. Some trading platforms like FTX even listed perpetual swaps for the token, with the Read more…
KuCoin, which touts itself as “the most advanced and secure cryptocurrency exchange to buy and sell Bitcoin, Ethereum, Litecoin, TRON, USDT, NEO, XRP, KCS, and more” apparently has been hacked. At stake is about $150 million worth of tokens that’s been moved to a different address, which on its own Read more…
The Coinbase wallet is among 226 Android applications targeted by a recently discovered Trojan dubbed ‘Alien.’ This malware mostly targets the financial services space and is a by-product of the dreaded Cerberus Trojan. According to ThreatFabric, which discovered the malware, this specific strain had caused a lot of trouble in Read more…
The Winklevoss twins’ cryptocurrency exchange Gemini has announced the listing of seven new decentralized finance (DeFi)-related tokens, including Uniswap’s UNI and Yearn.finance’s YFI. In an announcement, the cryptocurrency exchange revealed it’s also adding Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA). Gemini is also adding five new cryptoassets that aren’t Read more…
American crypto exchange Gemini has announced the addition of 15 new decentralized finance (DeFi) tokens today, including DeFi darlings such as Uniswap (UNI) and Yearn.finance (YFI). 1/2 Today, we have added new support for 15additional #DeFi tokens. We believe in the potential of DeFi and are here to help usher Read more…
The exchange currently lists 24 cryptos and offers only custody for another 10. Source Author: Arnab Shome
Crypto exchange and custodian Gemini has added support for seven new decentralized finance (DeFi) tokens. These are Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA), Uniswap (UNI), and Yearn.finance (YFI), Gemini announced Friday. “We believe in the potential of DeFi and are here to help usher Read more…
Delhi police are reportedly investigating a cryptocurrency exchange and its executives allegedly duping Indian investors after receiving multiple complaints. The complainants further say the company has moved office overseas without returning their investments. Police Investigate Crypto Scam After Multiple Complaints Forty-three people have filed complaints with the Delhi Police regarding Read more…
Roskomnadzor, the Russian federal authority responsible for the supervision of communications, information technology, and mass media in the country, has blacklisted Binance’s website. Binance announced the news in its official Russian Telegram channel on Friday, saying that the exchange received a notification from Roskomnadzor on Thursday about the inclusion of Read more…
If passed, exchanges only need to obtain a single national-level license for country-wide operations. Source Author: Arnab Shome
The agency is going after crypto websites since 2015. Source Author: Arnab Shome
The cryptocurrency exchange has made the move following trading demand from users. Source Author: Celeste Skinner
Following the success of the ProBit Exclusive Lite debut for Travala and its token AVA spiking over 260% from the discounted Exclusive price, ProBit Exchange has rolled out details on the follow up to their exclusive listing platform for Utrust (UTK). Starting on September 28, 2020, at 11:00 KST, participants Read more…
Quick Take Crypto businesses and organizations seem to be supportive of a new effort to regulate crypto exchanges in the U.S. But it’s far from clear whether Rep. Michael Conaway’s legislation will become the law of the land. This feature story is available to subscribers of The Block Daily. You Read more…