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.
Related Posts


Sam Bankman-Fried says he regrets filing for bankruptcy: Report
The former CEO of FTX Sam Bankman-Fried has expressed deep regret over filing for Chapter 11 bankruptcy last week, calling it his “biggest single fuckup.” In a wide-ranging interview with VOX which was published on Nov. 16, Bankman-Fried reportedly answered questions on a number of topics such as the Nov. 11 Chapter 11 bankruptcy filing, his…

Ethereum co-founder responds to PoS critics amid upcoming Merge
Vitalik Buterin described a critic’s notion as an “unmitigated bare-faced lie,” while sharing his thoughts on PoS voting. 88 Total views 3 Total shares While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others take this opportunity to make snarky remarks on Twitter, triggering a rebuttal…

Animoca Brands leads $7M funding round for Param Labs
The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs' CEO.

Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck
Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot Bitcoin ETF launch, the impact of

SEC Chairman: Investors Should Consider Lack of ‘Safeguards’ Before Investing in Crypto
U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton reiterated his wary view of the crypto markets during an interview. His discussion with New York Times columnist Andrew Ross Sorkin took place at the The Times Center in New York City Nov. 29.Mid-way through the interview, Clayton told Sorkin that the securities regulator had worked…

Global central bank gold rush could spark Bitcoin price run to new all-time highs
Key takeaways: US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points. Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%. Bitcoin soared in 2020 from $9,000 to $60,000 amid similar trends, hinting at a similar outcome

Indeed: Searches for BTC Jobs Drop 53%, Employer Demand Up 26% in 2019
Searches for crypto-related jobs have dropped 53%, while the share of job postings in the industry has surged 26% in 2019, new research says.On Nov. 7, Texas-based recruitment platform Indeed.com has published a new research devoted to the analysis and prospects of the job market in blockchain and crypto industry.To deliver the report, Indeed analyzed…

Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’
Raoul Pal wants Bitcoin (BTC) investors to mobilize their trades against Elon Musk. The macro investment strategist advised traders to either accumulate or preserve their Bitcoin holdings just as the flagship cryptocurrency suffered massive declines over the weekend and at the beginning of this week.Bitcoin drops by 16.92% over the weekend and Monday. Source: TradingviewIn retrospect,…