In a recent turn of events, CertiK, a blockchain security firm, revealed that it had discovered a critical vulnerability in the deposit system of the popular crypto exchange, Kraken. This vulnerability could potentially lead to millions of dollars being deposited into any Kraken account, with fabricated crypto worth over $1 million being withdrawn and converted
Exchanges
A recent development in the legal battle involving Binance executive Nadeem Anjarwalla in Nigeria saw the federal high court dismissing the human rights lawsuit filed by him against the country’s National Security Adviser and the Economic and Financial Crimes Commission. The dismissal came on June 19, as Justice Inyang Ekwo noted Anjarwalla’s absence of legal
When it comes to traveling with cryptocurrency, one of the most crucial aspects to consider is the security of your digital wallet. It is essential to implement time-tested strategies to ensure that your funds are safe and accessible while on the move. Securing Internet Connections Accessing your crypto accounts while traveling requires you to prioritize
Recently, a rogue security research company managed to exploit a critical bug on the Kraken exchange platform, leading to the unauthorized withdrawal of $3 million in digital assets. Kraken’s Chief Security Officer, Nick Percoco, shared details of this incident, shedding light on how the breach occurred and the subsequent actions taken by the exchange. Flaw
Brazil’s Special Department of Federal Revenue is taking proactive measures to ensure that foreign crypto exchanges are complying with local regulations. The tax department will be collecting information from these exchanges to understand their operations, interactions with local service providers, and compliance with regulations introduced in 2019. Deputy Secretary of Inspection Andrea Chaves emphasized the
In the wake of the FTX collapse, a fierce legal battle has erupted over the millions of dollars in assets seized from Sam Bankman-Fried (SBF) and other former FTX executives. Parties are vying for control of these assets, which include airplanes, funds in various banks, shares of Robinhood stock, and even political contributions linked to
The New York Attorney General’s (NYAG) office recently announced the conclusion of its settlement with Gemini, the cryptocurrency exchange, resulting in the recovery of $50 million for users affected by the defunct Gemini Earn program. As part of the settlement, users will receive the recovered funds in their accounts without the need for any further
The copy trading industry has been experiencing rapid growth, with an increasing demand for sophisticated solutions that cater to the needs of both brokers and traders. In response to this demand, the B2Broker team has introduced a new generation of their in-house investment platform, B2Copy. This platform goes beyond the standard offerings for MT4 and
B2BinPay, a world-leading blockchain platform, has recently undergone significant upgrades that promise to enhance user experience. The introduction of TRX staking and the expansion of blockchain support are key highlights of the latest version, known as B2BinPay v20. These new features aim to provide customers with greater flexibility and efficiency in their transactions. Let’s delve
Cryptocurrency trading has witnessed exponential growth in recent years, attracting a plethora of investors looking to capitalize on the digital asset boom. However, with the increasing popularity of cryptocurrencies, the need for stringent security measures and regulatory compliance has become paramount. In this article, we will explore how the integration of the Chainalysis blockchain data
