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The Justin Sun-linked crypto exchange HTX had $258 million in outflows after a $30 million exploit in November. <p data-ct-non-breakable=”true”>Crypto investors have been moving their assets away from crypto exchange HTX (formerly Huobi) following a Nov. 22 exploit that saw the exchange pause its services and lose a total of $30 million. Between Nov. 25…
The Poloniex and HTX/Heco Bridge exploits as well as the KyberSwap flash loan attack were the three largest incidents in November, according to blockchain security firm CertiK. <p>The cryptocurrency industry has now seen its most “damaging” month for crypto thievery, scams and exploits, with crypto criminals walking away with $363 million in November, according to…
The agreement was made in a memorandum of understanding, but SBI Holdings must first register as an electronic payment instruments service provider in the country. Circle, the stablecoin issuer behind USD Coin (USDC), is teaming up with Tokyo-based financial services firm SBI Holdings to boost the adoption of USDC and Web3 services in Japan. Circle…
The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid. FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction. In a Nov. 21 mandate, the U.S….
Solana’s overbought correction has picked momentum after its mention in the SEC’s latest lawsuit against Kraken. Is the SOL bull run finally over? Solana (SOL) is seeing a price correction after rallying nearly 300% in recent months. Why is Solana price down today? As of Nov. 21, SOL’s price was trading for $55, down 20%…
The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado where the suit was filed. The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100 million hack arguing the claims should’ve been filed in Estonia…
Crypto firms’ policies on coin listing and delisting must align with a list of standards set by the NYDFS. Guidelines for firms listing and delisting cryptocurrencies in New York have tightened up to better protect investors, according to the state’s financial regulator. The New York State Department of Financial Services (NYDFS) unveiled new restrictions on…
ETH price finally polevaulted the $2,000 resistance, but will retail demand and network use support the current bullish momentum? Ether (ETH) experienced a surprising 8% rally on Nov. 9, breaking the $2,000 barrier and achieving its highest price level in six months. This surge, triggered by news of BlackRock registering the iShares Ethereum Trust in…
Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET. The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than…
LINK outperformed most cryptocurrencies in September, but the recent correction raises questions on the sustainability of the bullish momentum. Since September, Chainlink (LINK) price has gained more than 25%, outperforming Bitcoin (BTC), Ethereum (ETH) and most altcoins. Currently, the project is the leading decentralized blockchain oracle solution and ranks 15th in terms of market capitalization…