Asian crypto exchange Bingx suffered a hacking attack, leading to a suspension of withdrawals and an estimated loss of $ 52 million. Bingx claims the stolen amount is minimal because it primarily stores users’ assets in cold wallets, which were not targeted by the hackers. A security firm believes a North Korea-linked hacking group, …
Crypto.com has secured a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). This license allows the crypto exchange to offer e-money and fiat-based payment services, including its prepaid cards, in the region. The approval adds to Crypto.com’s growing list of regulatory approvals worldwide, further solidifying its global presence. Meanwhile, Amber Group’s […]
The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal body and misusing his position. Iwuno denied these allegations and accused the SIBAN board of trustees of acting unlawfully. Despite the expulsion, Iwuno claimed to remain SIBAN’s president. The SIBAN board warned others to avoid dealing with […]
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting or denying violations. 5 States Reach Settlement With GSB Group Over Unregistered […]
Web3 security firm Cyvers detected suspicious transactions on Indonesian exchange Indodax’s wallets on September 11th. The attack involved over 150 transactions and digital assets worth an estimated $ 20.58 million are believed to have been stolen. Some experts suspect the North Korean hacking group Lazarus Group may be responsible due to attack characteristics. Indodax …