Balancer Suffers Nearly $1M Exploit as Team Urges Users to Withdraw Funds

Popular decentralized exchange Balancer suffered a hack on August 27, losing close to $1 million. The exploit came less than a week after the team disclosed a “critical vulnerability.” On August 22, the Balancer team asked the liquidity providers (LPs) on the exchange to withdraw funds from certain pools that were exposed to the vulnerability. […]

Binance says it ‘continues to serve’ Belgian users via Poland entity

In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements.

Binance Finds Path Back to Belgium Via Polish Entity

Binance shifts its Belgian clientele to operate under its Polish unit, seeking compliance with European standards.

XRP: Important Warning Issued to Community in Wake of This Development

Big announcement made about Xahau, smart contract sidechain for XRPL ecosystem

Hong Kong’s First Retail Crypto Exchange Goes Live in Web3 Milestone

The post Hong Kong’s First Retail Crypto Exchange Goes Live in Web3 Milestone appeared first on Coinpedia Fintech News Hong Kong continues aggressively promoting virtual asset development and merging financial technology with traditional finance. This vision took a leap forward as the city’s first licensed crypto exchange for retail investors, HashKey, officially launched its trading […]

New Twist in Ripple vs SEC Battle: Attorney Reveals Key Insights from 2018 XRP Howey Memo

The post New Twist in Ripple vs SEC Battle: Attorney Reveals Key Insights from 2018 XRP Howey Memo appeared first on Coinpedia Fintech News Attorney John Deaton, a prominent observer of the Ripple-SEC case, has drawn attention to the “XRP Howey Memo,” an internal 2018 SEC document. This memo, received by former SEC chairman Jay […]

XRP Now Available on New Exchange

Linear Finance has announced listing of XRP, Ripple’s native cryptocurrency, on its decentralized trading platform

Bloomberg Strategist Unveils This Rare Bitcoin Competitor

Bloomberg expert unveils major impediment for Bitcoin’s hopes of bull run

Binance, OKX and Bybit Ban Russian Users and Bank Accounts on P2P Platforms!

The post Binance, OKX and Bybit Ban Russian Users and Bank Accounts on P2P Platforms! appeared first on Coinpedia Fintech News Major crypto trading platforms including Binance, OKX, and Bybit have started implementing bans on Russian residents from using non-Russian fiat currencies, as well as those with sanctioned bank accounts such as Tinkoff Bank and […]

Balancer Drained for Almost $1M Days After Disclosing Vulnerability

On the 22nd of August, Balancer Labs – a non-custodial portfolio manager, liquidity provider, and price sensor – received reports of a massive vulnerability affecting several of its lending pools. At the time, no attacks had been carried out – but that changed recently. Community Alerted As soon as the exploit was discovered, Balancer devs […]