KiloEX Suffers a $7.5 Million Theft and Suspends Operations
TL;DR KiloEX suffered a $7.5 million theft following an attack that manipulated its price oracle; the Kilo token dropped more than 29% after the incident. Jake Gallen, CEO…
Exchange
Bitcoin: ETFs Acquire Nearly Three Times More BTC Than Miners in December
TL;DR Bitcoin ETFs in the U.S. acquired 51,500 BTC in December, nearly three times the amount produced by miners (13,850 BTC). In January, flows…
Mt. Gox Moves $2.2 Billion in Bitcoin, Sparking Speculation
TL;DR Mt. Gox has transferred 32,371 Bitcoin, valued at approximately $2.19 billion, to unmarked wallet addresses, sparking speculation about the intentions behind the move.…
Kraken Cuts 15% of Workforce and Appoints New Co-CEO Amid Restructuring
TL;DR Kraken announces a significant restructuring plan, laying off 15% of its workforce, affecting approximately 400 employees, to streamline operations and become more agile…
BingX Resumes Operations After Cyberattack and Launches ‘ShieldX’ Security Initiative
TL;DR BingX has resumed operations after a cyberattack in September that resulted in the theft of over $43 million in cryptocurrencies. The platform has…
Kraken Expands European Presence with Acquisition of Dutch Crypto Broker BCM
TL;DR Strategic Expansion: Kraken acquires Coin Meester B.V. (BCM) to strengthen its presence in the European market, especially ahead of the upcoming MiCA regulations.…
Bitget Enters Multi-Million Dollar Partnership with La Liga
TL;DR Bitget Partners with La Liga: Bitget, a leading crypto exchange, has entered a multi-million dollar partnership with La Liga, aiming to integrate blockchain…
Kraken Pushes for Jury Trial in SEC Lawsuit
TL;DR Kraken Requests Jury Trial: Kraken has officially sought a jury trial in its legal battle with the U.S. SEC, following a judge’s decision to…
Bitrue Ventures Launches $40 Million Fund to Boost Web3 Startups
TL;DR Bitrue Ventures has opened a $40 million investment fund to support startups in the Web3 space. Selected projects can receive up to $200,000…
Bitget Strengthens its Dominance in the Crypto Market With 38.4% Growth
TL;DR Bitget has experienced a 38.4% increase in its market share, surpassing Crypto.com and Bybit in growth. The exchange’s success is attributed to its…
Germany Continues Moving Its Bitcoin, $17.6 Million Towards Various Exchanges
TL;DR Germany’s BKA has recently transferred 100 BTC to Coinbase, 150 BTC to Bitstamp. And 32.74 BTC to Kraken on July 2, totaling approximately…