Binance CEO brushes off negativity, assures firm has ‘no liquidity issues’

Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks.

Cardano DEX Cardax Shuts Down, Cites Regulatory Turbulence

Cardano’s regulatory turbulence claims its latest victim, Cardax. Continue reading at DailyCoin.

BlackFort Exchange Network Announces BXN Airdrop Campaign as Launch Approaches

Renowned blockchain startup BlackFort Exchange Network (BXN), in its efforts to provide users with a rare opportunity to acquire BXN tokens effortlessly, has announced plans to launch an airdrop campaign. The move reflects the project’s preparations as it anticipates the upcoming release of BlackFort Wallet 2.0. Despite being a new project, BXN is already making […]

Bitcoin Miners See Growing Revenue from Transaction Fees, Analysis Shows

Ki Young Ju, Co-founder & CEO of Crypto Quant, revealed that Bitcoin miners are experiencing a notable increase in revenue generated from transaction fees during each cycle when compared to block rewards. Ju’s statement aligns with the findings of Julio Moreno, Head of Research at CryptoQuant, who took to Twitter to engage in the ongoing debate surrounding […]

News Explorer — Texas Bitcoin Miners Are Making Millions by Selling Energy Back to Grid

Decrypt Texas Bitcoin Miners Are Making Millions by Selling Energy Back to Grid The excessive heat in Texas has forced Bitcoin miners to temporarily shut down their operations, resulting in a 9% drop in Bitcoin production for Marathon Digital. The Electric Reliability Council of Texas (ERCOT) implemented emergency procedures to ensure energy supply for customers […]

News Explorer — North Korea’s Lazarus Group Behind $41M Stake Hack, Says FBI

Decrypt North Korea’s Lazarus Group Behind $41M Stake Hack, Says FBI The Lazarus Group, a North Korean hacker organization, has been identified as the culprit behind the theft of $41 million in digital assets from the crypto casino Stake. The FBI released a statement confirming the group’s involvement and provided addresses for the stolen funds. […]

News Explorer — Ex-FTX Executive Pleads Guilty, Forfeiting $1.5 Billion in Deal

Decrypt Ex-FTX Executive Pleads Guilty, Forfeiting $1.5 Billion in Deal Former FTX executive Ryan Salame has pleaded guilty to criminal campaign finance violation charges in a Manhattan court. He admitted to conspiring to make unlawful contributions and defraud the Federal Election Commission. As part of his plea deal, Salame will forfeit $1.5 billion. The news […]

JP Morgan considering a new blockchain-based settlement token

JP Morgan Chase & Co. could soon create a new blockchain-based digital deposit token, according to reports from Bloomberg on Sept. 7. The new token would allow for faster cross-border payments and settlements. In fact, JP Morgan has reportedly built the infrastructure needed to handle transactions for the token, based on statements from anonymous sources […]

North Korea’s ‘Lazarus’ Hackers Stole $41 Million From Crypto Gambling Site, FBI Says

Github warned in July that DPRK hackers were targeting crypto and gambling sites. Sep 7, 2023 at 2:33 p.m. PDT North Korean head Kim Jong-Un (Chung Sung-Jun/Getty Images) North Korea-linked hacker collective Lazarus Group was behind this month’s hack of crypto casino and betting platform Stake, according to the Federal Bureau of Investigation. In a […]

Binance To Refund Users $1 Million In USDT Following CyberConnect Incident

Binance, one of the leading cryptocurrency exchanges, has recently decided to refund users $1 million USDT (Tether) following an incident related to the CyberConnect (CYBER) token.  The refund aims to compensate users affected by a price discrepancy on listed CYBER tokens due to liquidity constraints on the Korean cryptocurrency exchange Upbit. Binance Addresses CyberConnect Woes As […]