FTX Officials Verify $600M Hack, Warn Users Off Website

In a statement on the platform’s official Telegram page, FTX’s Telegram admins revealed the platform has been the victim of a hack.  PeckShield Tracks the Hack in Real Time In the closing hours of Friday, several wallets linked to FTX exchange began to suspiciously move assets worth millions of dollars, without any prior notice. This morning, FTX raised the alarm of a breach via its official telegram page. [caption id="" align="aligncenter" width="695"] An alarm was first raised by the FTX…

British Bank Santander to Censor Transfers to Crypto Exchanges

The U.K bank Santander will prevent its customers from sending real-time transfers to cryptocurrency exchanges starting next year.  The prohibition aims to protect customers from scams and fraud, as well as the general risks associated with crypto investing.  Banks Blocking Bitcoin Purchases? In a notice published to its website on Friday, Santander said that certain new limits would be imposed starting next week. These include a £1,000 limit per transaction when using online or mobile banking, and a £3000 limit…

Coinbase Trading Revenue Down 44% After “Mixed” Third Quarter

America’s largest crypto exchange, Coinbase, has unveiled its Q3 2022 earnings report – and the results are a bit jumbled. While the firm had a roughly $300 million drop in expenses from last quarter, the company’s total revenue also fell by 24%. Slow Trading Season for Coinbase The third quarter shareholder letter showed transaction revenue at $366 million, taking a substantial 44% slash versus Q2. Meanwhile, total trading volume on the platform fell about 27%, from $217 billion to $159…

KVX – A Platform that Takes Crypto Trading to the Next Level

KVX is a new trading platform that aims to make crypto investment accessible, intuitive, and secure for everyone. The project is rapidly progressing and already launching its crypto trading services in the European Union. Moreover, the team is preparing numerous standout features and tools to help users trade a wide range of assets as they please. This short KVX review looks closely at one of the latest trading hubs to enter the crypto market. Read on to discover more about…

KVX.com Launches Crypto Trading Services in the EU

KVX.com announced the launch of its crypto trading services in the European Union. With this announcement, KVX becomes one of the companies to provide these services in the EU.  The move will help the company to gain a foothold in the growing European market for digital assets. The new platform offers a broad set of features designed by the team’s experts. The strategy will make it easier and more convenient for investors to get involved in the cryptocurrency market. Entering…

Coinbitco – Enjoying Advanced Crypto Trading Technology

Coinbitco is a trading platform that uses the latest technology to provide users with advanced features and a user-friendly experience. The team's mission is to provide a safe, secure, and easy-to-use platform for traders of all experience levels.  The main features of Coinbitco include trading fiat and crypto in real time and depositing and withdrawing via bank transfer. The project aims to be user-friendly with a unique dashboard providing all the information a trader needs in one place. What Is…

Binance Pinpoints Two Suspects in the KyberSwap Exploit

The Binance security team is working with law enforcement to track the culprits.   Major crypto exchange Binance has identified two suspect addresses in the frontend exploit the KyberSwap Network suffered on Thursday. Around 3 pm on the first of this month, the Kyber team noticed some unusual activity in its front end. Further investigation revealed it to be a malicious code in the decentralized exchange’s Google Tag Manager (GTM). Bad actors had used this to hack into the platform,…

Crypto Exchange Kyber Network Loses $265k in Front End Attack 

On Thursday, Multichain DeFi project Kyber Network fell victim to an exploit losing assets worth $265,000 in the process. According to the team's official report, the malicious actors behind the hack targeted the KyberSwap user interface. This makes the exchange the latest in a series of DeFi platforms to suffer such attacks.  Malicious Code in Kyber’s GTM Script Kyber alerted users to the attack in a Twitter post yesterday evening which also outlined the details of the hack. In the…

Samsung and 6 Others Apply to Open Crypto Exchanges Next Year

According to local reports, 7 large brokerage firms have filed applications to roll out cryptocurrency exchanges in South Korea come 2023. These companies include tech giant subsidiary Samsung Securities and Mirae Asset Securities. Domestic Firms Pursue Approval to Establish Crypto Exchanges The release stated that the companies have their sights set on the first half of next year to start operations. Hence, they have begun to work towards obtaining approval from the relevant authorities before 2022 comes to an end.…

1 2 3 16