Hedgey Finance DeFi Platform Suffers $44M Exploit
The token infrastructure platform Hedgey Finance has had two simultaneous hacks that have cost it $44.7 million in lost revenue.
Tag crypto-exchange
Binance Executive’s Bail Hearing Postponed Again in Nigeria
Key Takeaways Binance executive Tigran Gambaryan remains behind bars in Nigeria after a court postponed his bail hearing for yet another month. Gambaryan’s legal battle began in February 2024 when he was arrested by Nigerian authorities on money laundering charges.…
Binance Plans India Return Following $2M Non-Compliance Fine
Binance will be allowed to re-enter India following a four-month ban, provided it pays a $2 million fine for non-compliance.
Upbit Enforces Cap on Crypto Transactions Over 1M Won
Upbit will stop accepting deposits and withdrawals of digital assets worth more than 1 million Korean won ($721).
Ex-NY Fed Chief Appointed to Binance US Board
The board of directors of US-based cryptocurrency exchange Binance US has welcomed a former Federal Reserve Bank of New York top compliance and ethics officer.
UK Government Forges Ahead with Crypto Regulation Plans
Key Takeaways: In a decisive move to position itself as a global crypto hub, the British government is gearing up to introduce comprehensive regulations for stablecoins and other crypto services by mid-year. Economic Secretary Bim Afolami announced at the Innovate…
Norway Aims to Regulate Crypto Mining via Data Center Laws
Norway is pioneering a comprehensive framework for regulating data center operations, setting a precedent in Europe. This initiative mandates the registration of individuals and organizations involved in data center governance and online server provision, aiming to gather crucial operational details…
VALR Secures Dual Regulatory Licenses from South African FSCA
Key takeaways: VALR, a leading cryptocurrency exchange in South Africa, made headlines on April 15 by announcing its acquisition of both Category I and Category II licenses from the Financial Sector Conduct Authority (FSCA). This milestone establishes VALR as one…
Digital Surge Review: Is it Safe or Legit?
Digital Surge is an Australian crypto exchange where customers can buy, trade, and store more than 270 cryptocurrencies. Thanks to its low fees and excellent customer support, Digital surge is a perfect choice for traders of all levels. Is it,…
Huobi Celebrates Tenth Anniversary with HTX Rebranding
Key takeaways: On September 13th, Huobi Exchange underwent a profound transformation, rebranding itself as “HTX.” This shift represents more than just a change in name; it symbolizes a strategic evolution aimed at shaping the future of cryptocurrency trading. The “H”…
