Bitfinex CTO Confirms Data Breach Claims as False
Paolo Ardoino, the chief technology officer of Bitfinex, has stated that the recent claims of a cryptocurrency exchange data breach were untrue. In response to the speculations, Ardoino firmly declared that Bitfinex’s user database is still secure after conducting a comprehensive internal assessment over the weekend. When Alice of Shinoji Research revealed on Saturday that […]
Gnus.AI Network Loses $1.27M to Discord Hack
Gnus.AI artificial intelligence network was hit by a hacker who was able to view team members’ private Discord messages and mint fake tokens, leading to a loss of $ 1.27 million. On May 5, exposure to token-minting vulnerabilities caused the Gnus.AI artificial intelligence network to incur an approximate loss of $1.27 million. The group declared […]
Crypto.com Surpasses 100 Million Global Users
Since its establishment in 2016, cryptocurrency exchange Crypto.com claims to have added more than 100 million users worldwide. Crypto exchange Crypto.com has registered 100 million users around the globe as the platform doubles down on its international expansion. In a May 6 blog post, the corporation asserts that its marketing campaign—especially the most recent Fortune […]
Binance Kazakhstan Manager Bags Ministerial Appointment
The general manager of Binance in Kazakhstan has been appointed Minister for Digital Development in that nation. Zhaslan Madiev, the general manager of Binance’s Kazakhstan business, was recently named the nation’s minister of digital development, marking a significant step in the cryptocurrency field. Richard Teng, the CEO of Binance, published a notice about this upgrade […]
Hong Kong Spot Bitcoin, Ether ETFs See Low Adoption
In their inaugural trading week, Hong Kong spot Bitcoin exchange-traded funds (ETFs) have significantly lagged behind their US counterparts, managing to attract around $22.5M in inflows. A substantial portion of the $262 million in assets under management (AUM) that the three spot Bitcoin ETFs that debuted in the East Asian city on April 30 have […]