Category: Exchange News
WazirX Planning on Reversing User Trades to Reflect Balances Before $235 Million Hack
Indian cryptocurrency exchange WazirX is planning on reversing all transactions on its platform to get account balances to reflect the amounts they did on July…
Binance Recovers $73M in 2024, Showcasing Strong Security Against Crypto Hacks
Binance revealed the successful recovery and freezing of approximately $73 million in customer assets from external hacks between January 1 and July 31, 2024. This…
FTX and Alameda Will Pay $12.7 Billion to Creditors
New York Judge Peter Castel of the US District Court ordered the defunct crypto exchange FTX and sister firm, market maker Alameda Research, to reimburse…
Binance Receives $86 Million in Goods and Services Tax Bill From Indian Authorities
India’s Directorate General of Goods and Services Tax Intelligence (DGGI) has sent a show cause notice to Binance, claiming it owes $86 million (or Rupees…
ARK Invest Offloaded $14.8 Million Worth of Coinbase Shares
ARK Invest sold 69,069 Coinbase (COIN) shares last Thursday, worth $14.8 million, before the exchange released its second-quarter earnings report. ARK’s selling activity on August…
Trading Volume on Crypto.com Overtakes Coinbase
Crypto.com’s trading volume surpassed that boasted by Coinbase on August 1, rising to $3.6 billion compared to the latter’s $2.12 billion. Data on crypto market…
Mt. Gox Has Returned Over 40% of the Bitcoin It Owes. Selling Activity Is Yet to Rise
Mt. Gox has refunded about 41.5% of the bitcoin it owed to creditors who lost their funds. However, selling activity in the market remains minimal.…
Coinbase Fined $4.5 Million in the UK
Coinbase’s entity in the UK was fined $4.5 million for breaking an agreement with the Financial Services Authority (FSA). CB Payments Limited (CBPL), the entity,…
WazirX Hack Most Likely Linked to Its Custodian’s Systems Failing
Wazir X issued a report on Thursday, with new revelations of the $235 million hack, stating all indicators point to the custody service provider it…
