Crypto Exchange Four Dragons Reportedly Suffers $100m Hack
According to cryptocurrency exchange Four Dragons, a security system breach led to “significant funds being withdrawn.” The cryptocurrency exchange Four Dragons , based in Kyrgyzstan, declared on its website that it was the target of a hacking assault on February 22. As a result, an undisclosed quantity of cryptocurrency, purportedly valued at approximately $100 million, […]
Binance Backs Babylon to Unlock Bitcoin Staking on PoS Chains
The innovative Bitcoin staking technology Babylon has received a strategic investment from Binance Labs, the startup financing and innovation arm of Binance. By introducing a novel method of directly staking Bitcoin on Proof of Stake (PoS) blockchains, Babylon enables users to generate returns without depending on middlemen such as wrapping services, bridge technologies, or third-party […]
Uniswap Unveils 3 New Tools for Smarter Crypto Swaps
Three new solutions from Uniswap are available to cryptocurrency users to facilitate easier and more convenient on-chain trades. The Ethereum-based decentralized exchange Uniswap (UNI) unveiled its most recent expansion on February 27. It includes data, insight pages, and a limit order engine. This development is part of UNI’s ongoing efforts to create a uniform platform […]
OKX Expands to Turkey as Part of Global Expansion Plan
The cryptocurrency exchange OKX has introduced a tailored interface with trading pairs valued in Turkish Lira in Turkey. Turkey is important for cryptocurrency, according to OKX President Hong Fang , who noted the country’s high adoption and transaction volumes. Fang said in an interview: “Turkey is a very important and special market for us. It […]
HTX Applies for VATP License in Hong Kong
On February 20, HTX submitted an application for a cryptocurrency license for its Hong Kong local branch, intending to run HBGL Hong Kong Limited there. The cryptocurrency exchange HTX, formerly Huobi, has added itself to the list of applicants requesting authorization to begin operating in Hong Kong. As to the website of the Securities and […]