Users reported withdrawal delays and freeze notices as wallets attributed to BitMart fell to about $69 million and its BMX token extended an 81.5% weekly decline. Read More at https://cointelegraph.com/news/bitmart-withdrawals-slow-exchange-wind-down?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Garden Finance disables app as Blockaid reports $450,000 exploit
Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s off-chain database and inserted fraudulent swap records. Read More at https://cointelegraph.com/news/garden-finance-app-offline-450k-htlc-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Storj files for bankruptcy, explores equity path for tokenholders
The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a court-approved ownership mechanism for STORJ holders. Read More at https://cointelegraph.com/news/storj-chapter-11-bankruptcy-tokenholder-equity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players. Read More at https://cointelegraph.com/magazine/clarity-hopes-fade-bitmex-shuts-as-lawsuit-looms-hodlers-digest-july-27?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
WEMIX says attacker moved about $724,000 after contract breach
WEMIX suspended bridges, liquidity-pool trading and several services after an attacker compromised a WEMIX$-linked contract and moved 724,198 USDC.e. Read More at https://cointelegraph.com/news/wemix-attacker-moves-724k-contract-breach?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC issues second warning to prediction markets on cookie-cutter self-certifications
For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts. Read More at https://cointelegraph.com/news/cftc-issues-second-warning-to-prediction-markets-on-cookie-cutter-self-certifications?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia’s Sberbank to launch crypto trading infrastructure this year
Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while allowing crypto assets to be used in foreign trade operations. Read More at https://cointelegraph.com/news/russias-sberbank-to-launch-crypto-trading-infrastructure-this-year?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin OG selling eases as dormant BTC movement hits 4-year low: Thorn
Dormant Bitcoin activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking. Read More at https://cointelegraph.com/markets/bitcoin-og-dormant-btc-movement-thorn?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys
South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries. Read More at https://cointelegraph.com/news/south-korea-bank-payment-jpmorgans-kinexys?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BitMart to wind down exchange, end trading by Aug. 26
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January. Read More at https://cointelegraph.com/news/bitmart-wind-down-exchange-end-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound