![ascendex-exchange-loses-77m-in-hack-promises-full-compensation-min Photo hacker](https://coingeek.com/wp-content/uploads/2021/12/ascendex-exchange-loses-77m-in-hack-promises-full-compensation-min-380x188.jpg)
AscendEx exchange loses $77M in hack, promises full compensation
Formerly known as BitMax, AscendEx lost several coins, including Ether and Polygon, with Bitfinex and Binance being the biggest destinations for the funds.
Formerly known as BitMax, AscendEx lost several coins, including Ether and Polygon, with Bitfinex and Binance being the biggest destinations for the funds.
The USDT was stolen from a California resident by an individual posing as a Coinbase representative who took control of his account and transferred 200+ BTC, authorities said.
The latest reports paint a picture of an extremely wealthy company (and founders), one that is facing very different situations in the various jurisdictions it operates in.
Singapore-registered/India-based Vauld filed an application for a moratorium order under section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018, seeking a six-month pause on any order or resolution.
In the 'crypto' world, players operating a casino-style exchange are often threatened by those offering real-world utility, which explains why cartels in the ecosystem often target the BSV blockchain.
Binance’s Indian offshoot WazirX has had its assets frozen by the country’s economic criminal investigation unit in yet another reputational blow to the scandal-plagued digital currency exchange.
Though developers quickly applied band-aid measures and flipped Solana's power switch off and on once again, the user community is becoming more vocal in its dissatisfaction with the recurring problems.
Upbit has issued an investment warning about Litecoin (LTC) to its users, who have been left on edge because of its upgrade that introduces confidential transactions.
The indictment by Turkish prosecutors also seeks similar sentences for 20 other defendants whom it charges with informatics systems fraud and money laundering.
While the launch came with much fanfare around Coinbase and the promise of a regulated, compliant central exchange, some notable names in the digital currency sector are flagging serious problems with the company and their offer.
Coinbase is facing liquidity rumors after the struggling cryptocurrency exchange conflated its in-house stablecoin with the U.S. dollar for online trades.
BTC maxis desperate to prove their utility-free token has some functional purpose should tread carefully before promoting it as a tool for wealthy Russians to evade economic sanctions.