Mixin Network Suffers $200 Million breach, suspends deposits
Key Takeaways Mixin Network, a decentralized peer-to-peer network designed to address blockchain scalability challenges, has fallen victim to a significant cyberattack resulting in the loss of nearly $200 million in crypto assets. The breach, which occurred on September 23, was…
Upbit Resumes Aptos (APT) Services After Scam Token Incident
Key Takeaways Upbit, South Korea’s leading cryptocurrency exchange, recently faced a significant disruption in its services after encountering a fraudulent token. The incident led to the temporary suspension of Aptos (APT) deposits and withdrawals on September 24th. However, the exchange…
Coinbase Holds Nearly 1 Million BTC, a new report reveals
Key Takeaways In a recent revelation, blockchain intelligence platform Arkham has disclosed some significant insights into the cryptocurrency exchange behemoth, Coinbase. According to Arkham’s findings, Coinbase holds nearly 1 million BTC on-chain, a revelation that positions it as the “largest…
Ex-FTX US Chief’s Architect Fintech Secures NFA Approval to Offer Brokerage
Key Takeaways Architect Financial Technologies, led by former FTX US President Brett Harrison, has achieved a significant milestone with its subsidiary, Architect Financial Derivatives, receiving approval from the National Futures Association (NFA) to operate independently as an introducing broker. This…
Terra Community Votes to Cease Minting USTC, Aims to Re-establish Peg
Key Takeaways In a significant development within the Terra Classic community, a proposal to halt minting and reminting activities related to TerraClassicUSD (USTC) has garnered support from the majority, with 59% of the community members in favor of the change.…