Crypto Exchange Bitrue Suffers $23 Million Hack
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct…
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Crypto lender Amber Group considers selling Japan unit: Report
Amber's review of its Japan operation is part of a strategic shift towards institutional business and away from retail business.
Crypto exchange Bitrue suffers $23M hack due to hot wallet exploit
Bitrue executives promised to fully compensate all the identified users affected by the hot wallet hack that accounted for 5% of all funds on the exchange.
Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay shuts down after failing to raise funds and advises users to withdraw before April 30.
FTX has recovered $7.3B in assets, will consider rebooting exchange
Sam Bankman-Fried's failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings.
IMF reiterates call for crypto regulation after the ecosystem’s ‘rough year’
According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai.
DeFi tool to notify users about suspicious on-chain activity
In determining the success of Web3, security measures like PureFi’s SafeTransact, in addition to Web3 security companies, are an approach to secure transactions from cybercriminals.
Coinbase head of exchange departs and plans to start new crypto project: Report
Before joining Coinbase in September 2020, Vishal Gupta had been the head of USD Coin at Circle and a vice president at Goldman Sachs.
South Korean crypto exchange GDAC hacked for nearly $14M
The exchange said that all deposits and and withdrawals are temporarily suspended as it performs emergency server maintenance.
Binance.US unable to find bank partners in the United States: Report
The United States arm of global crypto exchange Binance has been facing challenges in establishing a new bank partner.
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