GDAC suspends withdrawals, deposits after $13M hack
The GDAC cryptocurrency exchange in South Korea was breached, losing over $13.9 million in cryptocurrency. In reaction to the attack, the exchange has paused all deposits and withdrawals and is carrying out urgent server repair, according to a statement made by GDAC CEO Han Seunghwan on April 10. The notification states that the attacker took […]
CFX Soars Ahead of new Network Collaboration
In the past day, Conflux (CFX) has increased by almost 14% in anticipation of a new network relationship. Trading at $0.416, CFX has experienced a 13.5% increase, and as of the time of publication, the trading volume had climbed by 67%, demonstrating the increased activity on the network. The market cap also rose 13% to […]
Justin Sun Announces his Return to Hong Kong
Justin Sun, the founder of Tron, declared on Twitter that he would be going back to Hong Kong because he was feeling homesick and FOMO. The businessman and cryptocurrency pioneer Justin Sun, who was born in China, declared on April 10 that he would be returning to Hong Kong. He claimed that he had FOMO […]
Staking on Ethereum (ETH) Decreases Ahead of Shapella Upgrade
The amount of ETH being staked monthly has decreased despite the hype created by the much-anticipated Shapella upgrade. The recent Glassnodem staking deposits have somewhat decreased over the last several weeks. Rising regulatory pressure and the April 12 upgrade to Shapella could be to blame for this. On April 9, Glassnode published a report on […]
Binance Resolves Problems Affecting Futures Traders
The exchange’s futures UM Rest service/API, according to Binance CEO, suffered problems that affected the user interface (UI) and API. In the early hours of April 10, users of Binance’s futures trading platform encountered difficulty. The issues appeared to have been resolved, and trading resumed at the time of writing. The exchange’s futures UM Rest […]