Zoomex, an innovative crypto exchange platform, has been making waves in the industry due to its commitment to user privacy and anonymity. Unlike many other exchanges that require extensive Know Your Customer (KYC) verification processes, Zoomex stands out by not mandating KYC. This approach ensures that users can trade confidently, knowing that their personal data
Exchanges
Recently, cryptocurrency exchange platform WazirX reported a sophisticated cyber attack on its multi-signature Ethereum wallet. The attack raised concerns within the crypto community and prompted a thorough investigation by the exchange. According to a blog post on July 25, WazirX conducted a preliminary investigation and found no evidence of compromise on the machines of its
Bitstamp, a prominent crypto exchange, has announced that it has initiated the process of returning recovered digital assets to creditors of the defunct Mt. Gox exchange. This development signifies a significant milestone in the decade-long efforts to reimburse those affected by the infamous 2014 hack that ultimately led to Mt. Gox’s collapse. Collaboration with Trustee
India-based WazirX is currently in the process of seeking partnerships to fully restore its operations following a major exploit that led to the loss of nearly half of its assets. Co-founder Nischal Shetty took to social media on July 23 to announce this development and reassure users that the exchange is working on a solution
The crypto industry is currently speculating on the potential implications of a second Donald Trump presidency. Recent polls have shown an increase in Trump’s popularity among voters, with 52% in favor of his re-election. This has led to a sense of anticipation within the industry as Trump has promised to end President Joe Biden’s ‘crusade
The recent hack of the India-based cryptocurrency exchange WazirX has raised concerns and questions about the security of digital assets stored on such platforms. While multiparty computation (MPC) wallet provider Liminal has stated that its infrastructure remains safe and was not compromised in the breach, there are still critical issues that need to be addressed.
Recently, a US court gave the green light to Binance US to invest a portion of its customer fiat funds in US Treasury Bills. This decision came after the exchange sought court approval to invest around $40 million in $10 million increments over a four-week period. The court, headed by Judge Amy Berman Jackson, imposed
OKX, a prominent cryptocurrency exchange, recently announced its selection of Malta as its Market in Crypto-Assets (MiCA) hub to cater to the 450 million residents of the European Union. This decision was based on several factors, including Malta’s moniker as a hub of high regulatory standards and its comprehensive regulatory framework for blockchain technology. By
Recently, blockchain security firm Cyvers Alert reported that the Indian exchange WazirX was targeted in an exploit that resulted in approximately $235 million being stolen. The firm noted that multiple suspicious transactions were detected involving WazirX’s Safe Multisig wallet on the ETH network, leading to a significant amount of funds being moved to a new
Recently, the crypto exchange OKX informed Nigerian clients that they have a limited time to close their positions due to ceasing operations in the African country as a result of local regulations. In an email statement dated July 17, OKX notified users that they would no longer be able to open new positions or access
