Indian cryptocurrency exchange WazirX experienced a significant security breach, leading to the loss of over $235 million in user funds. The breach compromised one of WazirX’s multisig wallets on the Ethereum network, prompting the exchange to temporarily pause all INR […]
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WazirX Suffers $235M Security Breach, Withdrawals Paused
Indian cryptocurrency exchange WazirX experienced a significant security breach, leading to the loss of over $235 million in user funds. The breach compromised one of WazirX’s multisig wallets on the Ethereum network, prompting the exchange to temporarily pause all INR […]
BlockFi to Begin Repayments to Creditors This Month
Bankrupt crypto lender BlockFi will begin interim crypto distributions to its 100,000 creditors through Coinbase starting this month. According to court documents, BlockFi agreed to pay up to $874 million, with an initial $250 million prioritized for repayments. The recoveries […]
Illicit Funds Concentrate at Centralized Exchanges
According to a report by blockchain analytics firm Chainalysis, over 50% of illicit cryptocurrency funds end up at centralized crypto exchanges. The report highlights the significant concentration of money laundering activity at a small number of exchange deposit addresses, with […]
Celer Network Warns of DNS Hijacking Attacks
Celer Network has identified potential DNS hijacking attacks targeting its platform and other cryptocurrency websites. The company reported that its cBridge frontend was compromised, redirecting users to malicious smart contracts that could drain their wallets. Celer has urged users to […]
Australia Approves Second Spot Bitcoin ETF for ASX Listing
Australia’s financial landscape is set to welcome its second spot Bitcoin ETF as DigitalX receives approval to list on the Australian Securities Exchange (ASX). The DigitalX Bitcoin ETF, trading under the ticker BTXX, is scheduled to launch on July 12. […]