Indodax, a major cryptocurrency exchange in Indonesia, has suffered a loss of $22 million after hackers gained access to its hot wallets, stealing various crypto assets. This hack places Indodax, formerly known as
Nigeria’s Economic and Financial Crimes Commission (EFCC) has obtained an order from the Federal High Court to freeze N548.6 million in bank accounts linked to suspected crypto users on platforms such as ByBit
Bitcoin (BTC) miners continue to show unwavering resilience as the network’s hash rate approaches an all-time high, according to a recent report by Glassnode. The report highlighted that the 14-day moving average hash
Despite the current volatility, Bitwise CIO Matt Hougan remains hopeful that Bitcoin will experience a strong recovery in the final quarter of the year. Matt Hougan, Chief Investment Officer at Bitwise, warned investors
A combination of factors is exerting downward pressure on cryptocurrency prices, with potential relief likely delayed until after the U.S. elections, according to a report by Nansen. Broad Capitulation Sentiment For the second
Tether has partnered with TRM Labs and TRON to establish a “T3 Financial Crime Unit” aimed at tackling the illicit use of its USDT stablecoin on the TRON blockchain, according to a statement
The Federal Bureau of Investigation (FBI) has reported a significant rise in cryptocurrency scams in the United States, with losses exceeding $5.6 billion in 2023. This marks a 45% increase in crypto-related fraud
Coinbase’s market share has dropped as smaller exchanges have gained momentum, according to a report from research firm Kaiko on Sept. 9. Despite this decline, the top three US crypto exchanges by volume
Digital asset investment products experienced a major outflow, totaling $726 million, matching the highest outflow seen earlier in March this year, according to the latest report from CoinShares. James Butterfill, the head of
Binance has confirmed that its co-founder, Changpeng Zhao (CZ), is permanently barred from any involvement in managing the crypto exchange. In a statement provided to CryptoSlate on September 6, a Binance spokesperson clarified:
