Tag Archives: News

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

US President Joe Biden has stepped down from the 2024 presidential race. Biden has endorsed his vice president, Kamala Harris, to step in and go head-to-head with the Republican presidential nominee, Donald Trump. Although Biden did not mention the reasons behind his decision, he stated in a release, “While it is my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for...

As hackers tied to the North Korean Lazarus Group made away with $230 million from WazirX’s multisig cold wallet on July 18, the Indian centralized exchange (CEX) has announced a bug bounty program. It will hopefully allow the attacked platform to track the flow of assets as the hackers try to liquidate them and let WazirX seize them on other CEXs during liquidation efforts. The exchange wrote on X, “We’re reaching out to 500+ exchanges to block the identified addresses. Many exchanges are...

Tornado Cash recorded volumes of $1.9 billion in the first half of 2024, data reveals. Large amounts were deposited in the privacy-enabling mixer despite the Office of Foreign Assets Control (OFAC) sanctioning the application. The sanction forbids users from using the application, failing which users cannot exchange their crypto for fiat on US-based exchanges. Wallets interacting with the mixer are blacklisted and prevented from accessing exchange servicers. Tornado Cash is frequented by...

South Korea’s crypto framework, the Virtual Assets User Protection Act, came into force on July 19. This regulation offers guidance to the crypto exchanges operating in the country. Many have stated these laws, formulated by the country’s Financial Services Committee (FSC), are on the stricter side. A press release issued by the FSC read, “The Financial Services Commission announced that the Act on the Protection of Virtual Asset Users, which intends to establish a sound order in the virtual...

An outage took over Microsoft-based machines on Friday, rendering numerous industries like aviation, railways, and finance dysfunctional or functional at limited capabilities. It happened as CrowdStrike, a cybersecurity firm, released a new update, which went bad. No hackers were involved in the mishap. With that, BTC rallied to over $67,000, starting the day at around $64,000, marking a 5.5% increase in 24 hours. Simultaneously, BlackRock’s spot BTC ETF, the Ishares Bitcoin Trust (IBIT),...

US District Judge for Columbia Amy Berman Jackson gave Binance’s US entity to invest certain customers’ fiat funds into US treasury bills, which mature over four weeks. Binance must custody the fiat funds it wishes to invest in treasury bills with BitGo and maintain enough funds to honor customer withdrawals always. The court filing read, “Pending before the Court is BAM Trading Services Inc. and BAM Management US Holdings Inc.’s (together, “BAM”) Motion for Relief from the Consent Order...