Binance has released its Proof-of-Reserves (PoR) report for September 2024, and it reveals a big struggle for the cryptocurrency market during the month. The report marks the 23rd update on Binance's reserves and shows notable declines in Bitcoin, Ethereum,...
Bitget has announced that it will fully reimburse users affected by the sudden 50% drop in the value of its native token, BGB, which occurred on October 7, 2024. At around 3:45 a.m., the value of BGB plunged from...
Vietnamese provincial police have reportedly apprehended five individuals involved in a sophisticated crypto scam network led by offshore criminals. Local media reports that on October 4, authorities in Nghe An, a province bordering Laos and the Gulf of Tonkin,...
Over 185 South Koreans in their 20s hold digital assets valued at over $750,000 each, according to data from local exchanges Upbit and Bithumb. Local media outlet Maeil Business Newspaper reported on October 3 that both crypto exchanges disclosed...
Kraken has announced it will delist Monero (XMR) for users in the European Economic Area (EEA) due to evolving regulatory obligations. As per a blog post from the U.S.-based crypto exchange, XMR trading and deposits, including XMR/USD and XMR/EUR,...
The Australian Federal Police (AFP) announced they had successfully "deciphered" a seed phrase granting access to $6.4 million (9.3 million Australian dollars) worth of cryptocurrencies linked to a suspect. The individual, Jay Je Yoon Jung, is accused of creating...
XRP has experienced a surge in the past few days, reaching a high not seen since March, despite ongoing worries about a possible U.S. Securities Exchange Commission (SEC) appeal set for October 7, 2024. Over the weekend, the price...
Binance has announced its support for Orion Protocol's transition to the liquid Layer 2 blockchain, Lumia, through a network upgrade scheduled to be held in October. In a press release on September 30, the crypto exchange stated that it...
The Middle East and North Africa (MENA) region is now the seventh-largest market for cryptocurrencies, according to a recent Chainalysis report. The report revealed that between July 2023 and June 2024, countries in the region received $338.7 billion in...
Singapore-based crypto exchange BingX has suspended withdrawals following the detection of a potential hacker attack targeting its hot wallet, with blockchain analysts estimating the losses to exceed tens of millions of dollars. In a post on X dated Sept....
