After the crypto exchange HTX, formerly known as Huobi, suffered an $8 million loss due to a hack, Binance CEO Changpeng “CZ” Zhao stepped forward, offering his exchange’s security team to investigate the attack.
Certain crypto exchanges are boasting about their licenses and daily trading volume, but their claims appear suspect.
That's according to Cointelegraph, which has been looking into the matter of whether Bitspay and other companies are truly regulated.
Post the launch of Shibarium in mid-August, Shiba Inu (CRYPTO: SHIB) chief market strategist Lucie took to X (Twitter) to highlight the Shiba Hub launch, which will remodel the decentralized applications (Dapps) landscape for the ecosystem.
Lazarus Group, the North Korea-based hacking collective, accounts for a huge $47 million in cryptocurrency theft which includes Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) ($1.9 million), BNB
TerraUSD Classic’s (CRYPTO: UST) minting will cease after a community vote on the stablecoin's governance forum.
This led to a 59% vote of approval to stop all USTC mining, while 40% opposed it. The community's proposal also ends all conversion of xUST to mint USTC.
Given the crypto wallet sector's rapid growth and need for regulation, here are several top items you should know.
Crypto Wallet, Types and Market Forecasts