Crypto exchange FixedFloat confirms hack, loses $26 mn in Bitcoin, Ether
Decentralised crypto exchange FixedFloat has confirmed a hack that resulted in the theft of Bitcoin and Ether worth at least $26 million.
Decentralised crypto exchange FixedFloat has confirmed a hack that resulted in the theft of Bitcoin and Ether worth at least $26 million.
The collapsed crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund, according to court testimony by FTX co-founder, Gary Wang.
The US Commodity Futures and Trading Commission (CFTC) on Monday sued leading blockchain and cryptocurrency platform Binance for allegedly breaking trading and derivatives rules, media reports said.
Leading blockchain and cryptocurrency platform Binance on Friday announced that it has temporarily suspended all spot trading on its platform as it works to resolve an issue.
Believing that they were speaking to a legitimate Coinbase IT staff member, the employee logged into their workstation and began following the attacker's instructions.
Multicoin Capital, a crypto venture firm, has told investors that the collapse of FTX and the price drop across the industry has pushed the fund down 55 per cent this month and that worse is on the way before the market recovers.
Sam Bankman-Fried, CEO of now-bankrupt cryptocurrency exchange FTX, pocketed $300 million after a big funding raise last year, the media reported. According to The Wall Street Journal, the beleaguered crypto exchange secured $420 million in October 2021.
As cryptocurrency-focused venture capital firms have raced to India over the past two years, Binance CEO Changpeng Zhao has said that the crypto exchange does not see India as a viable business opportunity.
The beleaguered crypto exchange FTX on Friday announced it has filed for Chapter 11 bankruptcy in the US, as its Founder and CEO Sam Bankman-Fried resigned from his role.
Leading cryptocurrency exchange Coinbase has clarified that it only has $15 million worth of deposits on FTX to facilitate business operations and client trades, as it faced a partial outage.