Huobi Global’s HTX cryptocurrency exchange fell victim to a sophisticated cyberattack on September 24, as reported by blockchain analytics platform Cyvers. The breach resulted in the theft of a staggering $7.9 million worth of various cryptocurrencies.
The renowned US investor, TV personality, and owner of the Dallas Mavericks, Mark Cuban, fell victim to what appears to be a sophisticated phishing attack, resulting in the loss of nearly $900,000 from one of his MetaMask wallets.
Vitalik Buterin, one of the co-founders of Ethereum, fell victim to a malicious hack of his X (formerly Twitter) account. This breach, uncovered by blockchain investigator ZachXBT, has left a trail of devastation with victims collectively losing more than $691,000 after unwittingly clicking on a deceptive link.
In a recent global survey spanning 15 countries, Nigeria, the largest economy in Africa, has emerged as the world’s most cryptocurrency-savvy nation with more Nigerians interested in investing in cryptocurrencies.
Balancer, the Ethereum automated market maker (AMM) and DeFi protocol, recently confirmed a devastating breach resulting in losses of nearly $900,000.
China Mobile, the state-owned telecom operator, has reportedly put forth a proposal for the establishment of a “Digital Identity System.” This system aims to track and monitor local metaverse users, a concept that has ignited discussions among tech experts and Chinese officials, with potential global implications for the rapidly advancing technology.
Prominent cryptocurrency figure Sam Bankman-Fried, was denied his lawyers’ request for delayed detention by US Judge Lewis Kaplan on Friday. This decision thrusts the former crypto mogul into a potential jail stint until his upcoming court date set for October 2nd, pending the outcome of any potential appeals.
Hong Kong’s revised regulatory framework has kicked into gear, potentially requiring cryptocurrency exchanges to fork out substantial sums of money for operating licenses. The new regime, which became effective in June, demands trading platforms dealing in virtual assets to acquire fresh approvals or exit the city within a year.
Russia is set to make significant strides in the world of digital currency as President Vladimir Putin signed the digital ruble bill into law, according to an official government document released on July 24.
In a remarkable turn of events, XRP, the native token of blockchain provider Ripple, has emerged as one of the leading performers in the cryptocurrency market following its landmark legal victory against the US Securities and Exchange Commission (SEC).