Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $ 230 million cyberattack. “We’re working with legal experts to help us formulate an effective method for enabling withdrawals,” the exchange stated. Additionally, Wazirx revealed that its bounty program has attracted 344 bounty hunters to help recover the …
Wazirx: Withdrawals and Trading Paused for All Users, Over 80 Bounty Intents Received Within 24 Hours
Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $ 230 million. The exchange has paused deposits, withdrawals, and trading, and launched a $ 23 million bounty program to recover the stolen assets. Within 24 hours, Wazirx received …
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin Regulatory Regime On July 17, Hong Kong regulators—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong […]
Andrew Tate Burns Over $10 Million Received in Meme Coin TOPG
Known lifestyle influencer and former kickboxer Andrew Tate has burned TOPG tokens valued at over $ 10 million after announcing it on social media. Tate received over 580 million TOPG tokens as a donation from an unnamed party, and announced that he would burn it so “everyone else makes money.” After burning the tokens, …
Solana’s Jupiter Airdrop Allegedly Leaked: A User Received Almost $1 Million Using 9,246 Wallets
The recent airdrop of JUP, the token of the Solana native Jupiter exchange, was allegedly gamed by an individual who avoided established controls. An unknown airdrop hunter received 1.85 million JUP (almost $ 1 million) using over 9,000 wallets for this task, with some users presuming an insider leaked the airdrop information beforehand. Jupiter …