WazirX Restores Balances After Hack, Withdrawal Timeline Unclear
The withdrawal delay has impacted individual investors and increased questions about bitcoin exchanges’ general security and reliability. Nearly a month after a significant hack hit the WazirX exchange, leading to the loss of $234 million from investors in the Indian crypto exchange’s Safe Multisig wallet, the platform has restored investor balances. However, despite this progress, there […]
Coinbase’s cbBTC Token To Transform Bitcoin DeFi Adoption
Coinbase’s entry signals the latest major institutional entrant into the field of BTCFi. Coinbase, the world’s second-largest cryptocurrency exchange, is poised to significantly advance the adoption of Bitcoin-native decentralized finance (DeFi). The exchange recently hinted at developing a new Wrapped Bitcoin (BTC) token, Coinbase BTC (cbBTC), sparking considerable excitement among crypto investors. According to Rena Shah, […]
Immutable Partners with Fireblocks to Help Game Developers Manage Digital Assets
Immutable partners with Fireblocks to provide secure asset management for Web3 games, NFTs, and DeFi projects in its ecosystem. Immutable, a Web3 gaming blockchain, has announced its integration with the infrastructure provider Fireblocks to aid game developers in securely managing and storing their assets. In a statement shared with Cointelegraph, Immutable highlighted that this new […]
WazirX Plans Maintenance to Recover Balances Post $234M Hack
WazirX’s ability to restore balances and secure assets will determine its future and industry security. The hacked Indian cryptocurrency exchange WazirX has announced a scheduled maintenance period to restore account balances and reverse specific trades. According to a post on the X social platform, the maintenance will occur from 6 pm on August 15 to […]
Coinbase Adds New Directors To Its Board
While one of the new Coinbase directors has a wealth of experience in the management consulting industry, the other two have previously served under US presidents. Coinbase has expanded its board of directors with three new members, including a top OpenAI executive who once served as a political strategist for US President Bill Clinton in […]