Justin Sun Addresses Concerns Over $750M Bitcoin Withdrawal from USDD
TL;DR Tron withdrew $750 million worth of Bitcoin from USDD backing. Justin Sun claimed the withdrawal was due to overcollateralization of the stablecoin. Critics point...
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Crypto Community Relieved as Justin Sun’s Ethereum Holdings Remain Resilient
TL;DR Ethereum’s Recent Plunge and Liquidations: Ethereum (ETH) faced a sharp decline, dropping to $2,171 before stabilizing at $2,225 within 24 hours. Institutional investors, including...
Crypto Market Crash: Massive Liquidations Exceed $1 Billion
TL;DR Over $1.14 billion in cryptocurrency futures liquidations in 24 hours. Most of the liquidations were of long positions, with Bitcoin and Ethereum leading the...
Whale Alert: Justin Sun Potentially Behind Buying $161 Million in Ethereum?
TL;DR A wallet with alleged ties to Justin Sun acquires $161 million in Ethereum in a span of 32 hours. Coordinated transactions between the TWGHNc...
Sam Bankman-Fried FTX Trial: Binance Financial Leak Allegations
The ongoing criminal trial against Sam Bankman-Fried, former CEO of the FTX exchange, has uncovered some surprising allegations. In court, an internal document was shown...
HTX Recovers Stolen Funds from Hacker and Pays 250 ETH Bounty
A hacker who stole 5,000 Ether (ETH) from Huobi Global’s cryptocurrency exchange HTX has returned the funds and received a 250 ETH bounty for doing...
HTX Gets Support from Binance and Tron After a $8 Million Crypto Heist
In a recent development, Changpeng ‘CZ’ Zhao, the CEO of Binance, has offered the assistance of Binance’s security team to investigate a hack at HTX,...
Tracking the Trail of Stolen XRP: A Crypto Crime Story
A cyberattack on a well-known hot crypto wallet in June resulted in millions of XRP tokens being stolen by a suspected North Korean group, Lazarus....
Magic Eden Lays Off 22 Employees Amid Organizational Restructuring Process
The layoff season is not over within the crypto market as Magic Eden has laid off 22 of its employees at the start of this...
Binance Recovers 124 BTC From Harmony Bridge Hackers
North Korea’s Lazarus Group moved 41,000 Ethereum (roughly $64 million) from the Harmony Bridge hack over the weekend, according to blockchain sleuth ZachXBT on January...