Binance has suspended deposits and withdrawals after a security incident involving unauthorized withdrawals with an estimated total impact of about $6.3 billion. The world’s largest crypto exchange by trading volume disclosed the breach on Thursday, October 29. It said about
Business
Bitcoin & Altcoins
Featured Articles
WASHINGTON, D.C. / CryptoWire.AI / – Financial reform group Better Markets has warned that new U.S. rules are creating crypto-based banks that could threaten Americans’ savings and the wider economy. In an analysis published on October 27, the group said
Direct cryptocurrency deals between private individuals in Russia will lose their legal status on July 1, 2027, the country’s central bank has said. In guidance published as a list of frequently asked questions, the Central Bank of Russia said peer-to-peer
Greek financial authorities released draft legislation introducing a dedicated tax code for virtual assets, marking a significant regulatory milestone for Southern European capital markets. Under the policy framework published by the Ministry of National Economy and Finance, Greece plans crypto
The European Union’s crypto rulebook is entering its decisive stage as the Markets in Crypto-Assets Regulation moves from national transition periods to a single licensing system. From July 1, 2026, crypto-asset service providers serving clients in the bloc must hold
FinTech
Blockchain & DeFi
THORChain halted trading and signing activity after a compromised Asgard vault was linked to more than $10 million in unauthorized digital asset outflows, marking a significant security incident for the decentralized cross-chain liquidity protocol. The halt was announced on May 15
Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have exploited vulnerabilities in the exchange’s
Google Cloud has stepped into the Web3 arena with the launch of a new portal aimed at blockchain developers, offering datasets and tutorials on non-fungible tokens (NFTs). However, the reception within the cryptocurrency community has been polarized, eliciting a range
Crypto trader Avraham “Avi” Eisenberg has been convicted on all counts of fraud and manipulation in a $110 million cryptocurrency trading scheme involving the Mango Markets platform. This landmark verdict marks the first instance where a U.S. jury has assessed
The recent exit of Binance from Nigeria has sent ripples through the country’s cryptocurrency community, evoking both concerns and prospects for the future. Local stakeholders within the crypto sphere have expressed dismay over the prohibition of Binance’s naira operations, highlighting
