CoinEx Hack: Quantifying the Current Loss of Crypto Funds

CoinEx Hack: Quantifying the Current Loss of Crypto Funds

How Much Crypto Has Been Lost In The CoinEx Hack So Far Centralized crypto exchange CoinEx was hacked, resulting in the theft of $55.5 million worth of cryptocurrency, double the initial estimates. The stolen funds were spread across various tokens including Ethereum, Bitcoin, XRP, Tron, Binance Coin, and more. CoinEx has promised to compensate affected … Read more

What Crypto Investors Should Be Aware Of

What Crypto Investors Should Be Aware Of

Here’s What Crypto Investors Should Know SEC Chairman Gary Gensler faced scrutiny from the Senate Banking Committee regarding the commission’s investigations in the crypto space and his belief that cryptocurrencies should be regulated under securities law. The committee questioned Gensler on the SEC’s rule changes and their ability to address future market failures. Although artificial … Read more

Attention Shifts to Key Inflation Data: Implication for Dogecoin Price

Attention Shifts to Key Inflation Data: Implication for Dogecoin Price

Dogecoin Price: Eyes are on the Key Inflation Data Dogecoin has experienced significant losses in recent weeks due to bearish sentiment in the crypto market. The digital asset has dropped by over 18% this month and more than 13% this year. In the past week alone, it has declined by over 5%. The total market … Read more

Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce

Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce

Binance.US released a statement stating that their current actions will give the company a financial runway of more than seven years, allowing them to continue operating as a cryptocurrency-only exchange. The company expressed frustration with the SEC’s efforts to hinder the crypto industry and highlighted the negative impact on American jobs and innovation. Binance.US sees … Read more

Establishing Confidence in the Bitcoin Network’s Reliability within El Salvador

Establishing Confidence in the Bitcoin Network’s Reliability within El Salvador

Building Trust in the Bitcoin Network in El Salvador Alex in El Salvador has established four pillars of Bitcoin education. The foundation is Mi Primer Bitcoin, offering basic knowledge. He left CUBO+ to start Node Nation, aiming to install Lightning nodes in high schools and teach technical classes to gifted teenagers. Afterward, students can apply … Read more

New Filing by Binance.US Labels SEC’s Court Requests as ‘Unreasonable’

New Filing by Binance.US Labels SEC’s Court Requests as ‘Unreasonable’

Binance.US calls SEC’s court requests ‘unreasonable’ in new filing Binance.US, the cryptocurrency exchange operated by BAM Trading Services, has responded to the United States Securities and Exchange Commission’s (SEC) motion to compel, calling the requests “unreasonable” and “unduly burdensome.” The attorneys for BAM argued that the SEC’s requests for additional details from Binance.US were overly … Read more

People are slowly asking the right questions

People are slowly asking the right questions

This content is a post on a Facebook community page discussing whether banks should ask customers their reason for withdrawing money. The arguments were split, with some supporting the measure due to concerns about scammers and kidnappings, while others were outraged that a bank would even consider asking such a question. The poster mentions living … Read more

Crypto CEO Sentenced to Record Breaking Prison Term for $2 Billion Theft

Crypto CEO Sentenced to Record Breaking Prison Term for  Billion Theft

Crypto CEO Bags Record Breaking Prison Sentence For $2 Billion Theft Former Thodex CEO Faruk Fatih Özer has been sentenced to a prison term of 11,196 years, 10 months, and 15 days for stealing $2 billion in customer funds. Özer defrauded over 400,000 Turkish customers when the exchange went offline in April 2021 and fled … Read more

Altcoin Trader’s Blog: Market Outlook Analysis #237

Altcoin Trader’s Blog: Market Outlook Analysis #237

Market Outlook #237 – An Altcoin Trader’s Blog This content requires users to be logged in to view. Users can register for access to the Premium Content by providing their username, email, first name, last name, password, and repeating the password. The cost for access to this content is £19.99 for one month. Payment methods … Read more

G20 Calls for Unified Crypto Regulation and Information Sharing Among Countries

G20 Calls for Unified Crypto Regulation and Information Sharing Among Countries

G20 To Establish Unified Crypto Regulation, Urges Countries To Share Information At the G20 summit, leaders from around the world agreed to establish a comprehensive regulatory framework for cryptocurrencies. The framework aims to increase transparency in digital asset transactions and requires crypto firms to share transaction details with jurisdictions annually, including unregistered platforms and wallet … Read more