During a recent hack of India-based crypto exchange WazirX, a total of $235 million was lost in what was described as a breach on the exchange’s network. Multiparty computation (MPC) wallet provider Liminal, whose infrastructure remained safe during the incident, provided a detailed post-mortem report on July 19. The report clarified that the breach was
admin
A recent development in the case of Binance US has seen a US court granting permission for the exchange to invest certain customer fiat funds. This decision allows Binance US to invest these funds, which are currently held at BitGo, in US Treasury Bills. The court approved the exchange’s request to invest approximately $40 million
Bitcoin, the world’s largest cryptocurrency, has recently been the subject of optimism from a market strategist who believes that the downtrend for this digital asset has finally come to an end. This market strategist, known as ‘Rekt Capital,’ has shared with his large following on X (formerly Twitter) that Bitcoin might be poised for a
Aayush Jindal is a distinguished figure in the financial markets, boasting a wealth of experience in Forex and cryptocurrency trading that spans over 15 years. His reputation as a trusted advisor and senior market expert has earned him a global following of investors seeking guidance in navigating the complexities of modern finance. From a young
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. His keen insights and astute chart analysis have earned him a reputation as a trusted advisor and senior market expert to investors worldwide. From a young age, Aayush demonstrated a natural
Recently, crypto analyst Rekt Capital shared his insights into the potential future trajectory of Bitcoin. According to his analysis, Bitcoin may not be quite ready for its next bullish leg up, which could potentially see it exceed $70,000. Rekt Capital mentioned in a social media post that Bitcoin is not currently prepared for a successful
The Basel Committee on Banking Supervision has recently unveiled its final disclosure framework for banks’ crypto exposures, along with targeted amendments to its cryptoasset standards. These changes aim to tighten the criteria for certain stablecoins to receive preferential regulatory treatment. Scheduled to take effect on January 1, 2026, the Committee has been diligently working on
NEAR, the native token of the Layer 1 (L1) blockchain Near Protocol, has recently experienced a surge in value, reaching a one-month high of $5.93 after a previous downtrend that saw the token drop to $4 on July 5. This significant increase of 20% over the past week has positioned NEAR as the 19th top
Recently, blockchain security firm Cyvers Alert made a shocking revelation about the Indian exchange WazirX being exploited for a staggering $235 million. The firm detected multiple suspicious transactions involving WazirX’s Safe Multisig wallet on the ETH network, resulting in the transfer of $234.9M to a new address. Each transaction was funded by Tornado Cash, raising
I was born and raised in Edo State, Nigeria, with three siblings who have always been my role models and guides throughout my life. My parents have been my unwavering support system, never leaving my side through the highs and lows of life. Their constant presence has provided me with a sense of security and