MEXC Launches $100M Fund to Protect Users From Breaches
With real-time wallet transparency, MEXC launches a $100 million fund to shield customers against platform intrusions, hackers, and technical…
Crypto.com Gets EU License For Crypto Derivatives
Crypto.com has gained a MiFID license to offer regulated crypto derivatives in the EEA, expanding in Europe after earlier MiCA approval.…
China Convicts BKEX Staff in Crypto Gambling Case
BKEX employees were sentenced after a Chinese court ruled the crypto contract trading platform operated illegally, facilitating unauthorized…
Gemini Picks Malta as MiCA Hub for European Expansion
According to Gemini’s head of Europe, allocating funds to construct the necessary infrastructure was the most significant obstacle to…
WazirX Charts Recovery After $235M Hack
WazirX has implemented a reorganization strategy supported by Singapore to bounce back from its $235 million cyberattack in July 2024.…
Solana Surges Above $200 After $55M Pump.fun Sale
Shortly after Pump, Solana initiated a 10% price reversal pump.fun finished the second Solana transfer of $55 million to the Kraken exchange.…
GRVT Secures Bermuda Crypto License
GRVT, now BMA-approved, says CeFi and DeFi can unite, with regulation helping DEXs improve universal standards. Cryptocurrency exchange that…
XT.com Halts Withdrawals After Reported $1.7M Hack
Although XT.com acknowledged an “abnormal transfer of platform wallet assets” in a statement, the hack has not yet been verified.…
VanEck Sees Solana ETF Approval Likely in 2025
The U.S. focused on Bitcoin and Ether ETFs, could list a Solana ETF by 2025, says VanEck’s Matthew Sigel via the Financial Times. Matthew…
BTC Plummets, Mt.Gox Sends $2.2B in Bitcoin to 2 Wallet
After first going to a Mt.Gox cold wallet, most of that stash—nearly 30,400 bitcoin BTC—was sent to “1FG2C…Rveoy,” and 2,000 BTC…
FTX Estate Sues KuCoin to Reclaim Over $50M in Assets
To reclaim more than $50 million in locked assets, Alameda Research, a division of the defunct cryptocurrency exchange FTX, has filed a…
Reasons for Bitcoin Price Surge Today
The German government’s absence of Bitcoin to sell and the deterioration of the US dollar are the primary factors contributing to…
Nigeria’s SEC Boss Says Crypto Can Aid 38M Unbanked
Emomotimi Agama observed that cryptocurrencies such as Bitcoin can significantly reduce remittance costs, simplifying and reducing the cost of…
DFX Labs Clears Hong Kong’s AML Requirement For Crypto License
The Securities and Futures Commission of Hong Kong has granted DFX Labs a license for virtual asset services, even though it is not yet…
Donald Trump Vows to End Joe Biden’s ‘War on Crypto’
In contrast to the current Biden administration, United States Presidential candidate Donald Trump has reiterated his intention to adopt a…