BingX confirms the resumption of withdrawal services following hack
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.
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Crypto trading in rubles falls even as ECB warns again on sanctions
A statement from ECB President Christine Lagarde labeling cryptocurrency a “threat” to global security seems at odds with the real world data and expert opinion. 221 Total views 24 Total shares The President of the European Central Bank, Christine Lagarde has reiterated warnings that Russian individuals and businesses are using cryptocurrencies to skirt sanctions.However, as…

Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation's expenses in 2022.

Ripple’s allies expand: Coinbase files amicus brief in fight against SEC
Crypto exchange Coinbase has filed documentation asking permission to help Ripple Labs in its ongoing legal battle with the SEC. 422 Total views 11 Total shares United States-based crypto exchange Coinbase has become the latest organization to stand behind Ripple Labs in its legal battle against the Securities and Exchange Commission (SEC), which could wrap…

Binance Global Law Enforcement Training Program is official after year of activities
The cryptocurrency exchange has been holding workshops for law enforcement worldwide since hiring a prominent IRS cybercrime investigator to head its anticrime unit. 83 Total views 1 Total shares Binance announced the existence of its Global Law Enforcement Training Program in a blogpost on Sept. 27. The creation of the program could be considered retroactive,…

Bitcoin ‘cheap’ at $20K as BTC price to wallet ratio mimics 2013
Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio.In a Twitter thread on July 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments, simply described $20,000 Bitcoin as “cheap.”Timmer: "In other words, Bitcoin is cheap"While fears that crypto markets…

Seoul City Gov’t Appoints Members to Blockchain Governance Team
The Seoul Metropolitan Government, South Korea, has issued letters of appointment to its Blockchain Governance Team set to integrate blockchain technology with the city’s administration services. The news was announced by blockchain networks firm ICON on Feb. 8.The Seoul Blockchain Governance Team was formed by the Metropolitan Government, with the aim of investigating the benefits…

Polkadot integration sparks rallies in REN, OCEAN and CELR price
Polkadot (DOT) has emerged as one of the top-choice blockchain networks over the past year thanks to its focus on facilitating interoperability between separate networks, especially Ethereum (ETH). As a result of Polkadot’s rise to prominence, projects that have embraced the concept of interoperability and joined the Polkadot ecosystem have seen a boost in their token…

Donald Trump’s memecoin generated $350M for creators: Report
US President Donald Trump’s cryptocurrency project has generated at least $350 million in revenue from the launch of the Official Trump (TRUMP) memecoin, according to an analysis by the Financial Times. Entities involved in operating the TRUMP memecoin have earned at least $314 million from token sales and $36 million from fees on the Solana