Evan Luthra says Bitget froze his account in April. The exchange claims it was done on suspicions of market manipulation related to the sale of REELT tokens. Update (Aug. 18 at 2:09 pm UTC): This article has been updated with both sides’ perspectives and additional information. Further commentaries are expected from both sides. Crypto influencer...Continue Reading

A crypto wallet linked to the BNB Smart Chain exploit had three of its positions liquidated after BNB’s price dropped below $220. The sudden market pullback in the crypto space liquidated many traders and, according to data shown on the blockchain, the attackers responsible for the infamous BNB Smart Chain exploit, which led to the...Continue Reading

TRM Labs estimates that North Korean hackers have stolen $200 million of cryptocurrency in 2023 alone. North Korean hackers continue to threaten the broader cryptocurrency ecosystem, having stolen an estimated $2 billion of crypto over the past five years. Blockchain intelligence firm TRM Labs released its latest deep dive into the murky world of cryptocurrency-related...Continue Reading

The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated. The Bitcoin (BTC) and Ether (ETH) price slump on Aug .18 saw the top two cryptocurrencies fall to a 2-month low and triggered a series of liquidations for thousands of derivative traders. The crypto bloodbath...Continue Reading

Digital securities firm Securitize will provide new alternative assets to major cryptocurrency firms like WisdomTree and Valkyrie Invest. Tokenized asset firm Securitize continues expanding investor access to private market alternative assets with the acquisition of the cryptocurrency fund manager Onramp Invest, which manages more than $40 billion in assets. Securitize is planning to simplify the...Continue Reading

Understand how companies reorganize amid financial challenges to ensure business continuity via Chapter 11 bankruptcy. In the complex world of finance and business, bankruptcy serves as a crucial mechanism that allows struggling companies to reorganize and regain financial stability.  One of the most well-known forms of bankruptcy is Chapter 11, a legal process in the...Continue Reading

A crypto trader holding 22,341 Ether sold the assets days before the market crash, avoiding a potential loss of over $5 million. A crypto whale holding massive amounts of Ether (ETH) sold $41 million worth of the asset a few days before the market crashed, avoiding a potential $5 million loss.  The trade was flagged...Continue Reading

Feedzai is an advanced, AI-powered risk operations platform that helps detect fraud at an institutional level. Financial scams are rising, with losses amounting to $8.8 billion in 2022 alone. According to the United States Federal Trade Commission, losses from financial fraud have increased by 30% from 2021 to 2023. This paints a dire portrait of...Continue Reading

Elon Musk revealed that SpaceX holds Bitcoin on its balance sheet in 2021 but the exact amount of company’s holdings remain unknown. SpaceX’s Bitcoin write-down report on Aug. 18  sparked confusion among the crypto community. The report published in Wall Street Journal puzzled many, who questioned whether SpaceX held $373 million worth of Bitcoin and...Continue Reading

The Shiba Inu project has opted to secure insurance coverage amounting to $2 million to address potential fund retrieval challenges upon the restart of Shibarium. Shiba Inu’s Layer-2 Shibarium network has resumed block production following a nearly day-long transaction pause. As per Shibariumscan.io block explorer, Shiba Inu’s layer-2 blockchain Shibarium (SHIB) has reactivated and is...Continue Reading