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Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at a U.S. bankruptcy court hearing in Delaware. Reuters reports…
By Waqas
The hack took place on April 9, 2023, in which hackers gained control of some of the exchange’s hot wallets.
This is a post from HackRead.com Read the original post: Major Hack Hits South Korean Exchange GDAC, $13.9M Stolen
Cyptocurrency’s steady increase in value reignites fears of widespread market manipulationA sharp rise in bitcoin prices has pushed the cryptocurrency above $30,000 (£24,118) for the first time since 10 June last year, just before the Celsius crypto le…
According to South Korean prosecutors, Terraform Labs co-founder Do Kwon converted most of the illicit funds associated with him and his associates into Bitcoin. CoinTelegraph reports: South Korean prosecutors have identified 414.5 billion won ($314.2 …
By Owais Sultan
Cloud mining is a way for you to purchase mining power from a remote data centre. Cloud mining…
This is a post from HackRead.com Read the original post: What is Cloud Mining and How Does it Work?
By Owais Sultan
Cloud mining is a way for you to purchase mining power from a remote data centre. Cloud mining…
This is a post from HackRead.com Read the original post: What is Cloud Mining and How Does it Work?
Australia’s financial regulator has cancelled the local financial services licence of the world’s biggest cryptocurrency exchange, Binance. The Guardian reports: Earlier this year, the Australian Securities and Investments Commission (Asic) found Binan…
In every copy of macOS that has shipped since 2018, Apple has included the original Bitcoin whitepaper by Satoshi Nakamoto, and no-one seems to know why. From a report: The baffling discovery (or rediscovery – see below) was recently made by developer …
US banks, already hesitant to work with crypto customers, are now even warier of providing services to the industry after a string of regional-lender collapses and amid heightened scrutiny by regulators. From a report: The closure of crypto-friendly Si…
The Securities and Exchange Commission takes the lead in defining what a security is, not necessarily legislation, the regulator’s Chair Gary Gensler said. From a report: After a House Appropriations Committee hearing on Wednesday, Gensler told reporte…