Key Highlights: BitGo has expanded its institutional platform, BitGo Link, by integrating Binance, Bybit, Bitstamp, and Deribit. The addition brings the total number of connected cryptocurrency exchange brands on BitGo Link to 10. The platform enables institutional clients to track balances, transfer assets across trading venues, and oversee access controls through a unified dashboard. BitGo ...
Key Highlights: The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) accused MEXC Global of facilitating $16 billion in illicit transactions linked to Iran, Russia, North Korea, and cybercrime networks. Major cryptocurrency exchanges, including Binance and OKX, have tightened controls on deposits associated with MEXC Global and its related corporate affiliates. FinCEN’s regulatory measure, enacted under ...
Key Highlights: An estimated $6.3 billion in digital assets was stolen during the October attack on Binance, marking what could be the largest cryptocurrency theft in history. Bitcoin fell only around 6% in the 10 hours following the incident, displaying significantly greater resilience than during past industry shocks. Credit rating agency Fitch Ratings noted that ...
Key Highlights: Blockchain analytics firm Elliptic identified a novel money laundering scheme involving six custom-created memecoins used to disguise funds stolen from Binance. Attackers linked to North Korea laundered roughly 117,000 NEAR tokens, valued at approximately $430,000, through decentralized liquidity pools between November 5 and November 7. The illicit wash trading strategy involved buying and ...
Key Highlights: Large-scale investors accumulated 16.46 million XRP tokens over five days ahead of November 8, even as prices dipped beneath $1.30. Crypto exchange Binance recorded its largest single-day whale inflows since 2024, absorbing 691 million XRP valued at roughly $900 million. Technical support collapsed as XRP failed to defend key thresholds at $1.25 and ...
Key Highlights: Binance is actively investigating recent data breach allegations, affirming that preliminary findings show no evidence of compromised systems, authentication data, or account credentials. The cryptocurrency exchange clarified that the claims conflict with its security architecture, emphasizing it never stores external wallet private keys or plain-text passwords. The purported leak listings reference jurisdictions where ...
Key Highlights U.S. Democratic Senator Richard Blumenthal has sent formal letters requesting records from Binance, Tether, World Liberty Financial ($WLFI), and Fight Fight Fight LLC. The congressional inquiry targets the illicit use of cryptocurrencies—including alleged sanctions evasion by Iran using Tether’s $USDT—and scrutinizes transactions involving $WLFI’s USD1 stablecoin. The probe also examines potential conflicts of ...
Key Highlights: Binance has notified users that a monthly inactivity or maintenance fee will apply to remaining cryptocurrency balances starting November 29. The fee is set at either 0.025% or a minimum of 10 USDC, whichever is greater, potentially wiping out accounts holding less than the charge. The policy shift stems from the European Union’s ...
Key Highlights Binance Pool mined only one Bitcoin block over a seven-day period, accounting for a mere 0.11% of the network’s production. The sharp drop in hash rate precedes the mining pool’s scheduled permanent shutdown on November 10. Binance will terminate all associated services at 07:00 UTC Tuesday, including block rewards, cloud mining, pool savings, ...
Key Highlights A newly activated crypto whale wallet received 140.35 million XRP in a single transaction, holding the entire balance without any subsequent outflows. On-chain analysis links the transfer to an initial sender originating from Bitstamp, suggesting the transaction may be an internal reallocation rather than an open-market purchase. The high-value transfer comes amid broader ...
Key Highlights: Senator Richard Blumenthal is intensifying congressional scrutiny into crypto giants Binance and Tether over allegations involving sanctioned transactions tied to Iran and Russia. Trump-affiliated ventures World Liberty Financial and Fight Fight Fight LLC face compliance deadlines to produce internal records detailing foreign capital and ownership structures. The congressional inquiries could escalate significantly in ...
Key Highlights Bitcoin plunged nearly 6% to an intraday low of $74,780.91, marking its weakest level since August 21, while Ethereum dropped over 7% to around $2,247. Over $930 million in leveraged long bets were wiped out in a massive liquidation event that impacted nearly 211,000 traders across major exchanges like Binance. The crypto crash ...