Kucoin’s CEO claims the hacker suspects behind the recent heist have been found KuCoin also claims to have recovered the $204 million stolen by hackers Law enforcement is actively working to bring the culprits to book Cryptocurrency News Today – according to Johnny Lyu the CEO of Kucoin exchange, since October 1, the platform has recovered the stolen $204 million worth of crypto assets. Continue reading Cryptocurrency News Today – Headlines for October 4 at Smartereum.
The U.S SEC wins lawsuit against Kik’s $100 Million ICO A U.S district court judge ruled in favor of the SEC’s submission The judgment means Kik’s ICO consisted of unregistered securities Cryptocurrency News Today – a U.S District Court Judge has today granted the SEC’s (Securities and Exchange Commission) motion for summary judgment against Kik. The SEC alleged that Kik offered Kinl tokens that violated the federal Securities Act. Continue reading Cryptocurrency News Today – Headlines for October 1 at Smartereum.
A hacker who stole $200 million from KuCoin exchange has started laundering it Crypto projects have frozen a large amount of the hacked funds The loot was made up of different cryptos including BTC and Ether Cryptocurrency News Today – the hacker behind the heist that saw KuCoin lose $200 million from its exchange is reportedly attempting to launder the funds. Continue reading Cryptocurrency News Today – Headlines for September 29 at Smartereum.
User funds stolen in $150 million+ hack will be completely covered by KuCoin KuCoin said the hack is under investigation by law enforcement Hackers managed to obtain the exchange’s hot wallet’s private keys Cryptocurrency News Today – recently the Singapore-based KuCoin exchange announced that $150 million worth of BTC and other cryptos were moved from its hot wallets to an unknown wallet. Continue reading Cryptocurrency News Today – Headlines for September 28 at Smartereum.
KuCoin reports security breach as cybercriminals make away with $150M in Bitcoin The hack occurred in the early hours of the day KuCoin has initiated an extensive audit to ensure the safety of user funds Cryptocurrency News Today – KuCoin, one of the most prominent crypto-exchanges in the world based on trading volume, has reportedly suffered a security incident. The exchange was hacked earlier in the day. Continue reading Cryptocurrency News Today – Headlines for September 26 at Smartereum.
Stablecoins total value top $20 billion milestones Stablecoin value posted a 300% surge YTD (Year-to-Date) Recent downward price action among tokens like BTC Have Driven stablecoin value Cryptocurrency News today – recent reports show that the total value of stablecoins has reached a new landmark. The overall value locked in stablecoins has surpassed the $20 billion mark. This hike is a reflection of the growth in demand for investors who want to hedge their risks in the crypto market and the traditional market in the coronavirus outbreak. Continue reading Cryptocurrency News Today – Headlines for September at Smartereum.
The European Central Bank has issued a warning about stablecoins European Central Bank called the term stablecoin misleading The apex financial institution said stablecoin doesn’t adequately describe how the asset should be backed Cryptocurrency News Today – a top financial institution has issued a warning regarding stablecoins. The European Central Bank (ECB) is the entity behind the report. As this top financial house prepares its plans to launch a digital Euro, they have issued a warning regarding the nature of stablecoins. Continue reading Cryptocurrency News Today – Headlines for September 23 at Smartereum.
Federally chartered banks can now hold reserve funds for issuers of stablecoins This move offers better regulatory certainty for federally chartered banks to give safer client services Banks can hold reserved funds as long as the issuer has enough assets to back the stablecoin Cryptocurrency news today – according to recent reports in the digital asset space, federal savings associations and national banks now can hold reserve funds for issuers of stablecoin. Continue reading Cryptocurrency News Today – Headlines for September 22 at Smartereum.
The EU will launch comprehensive crypto regulation in 2024 Five European finance ministers called for the establishment of stricter crypto regulation The European Commission will increase digital finance usage by 78% Cryptocurrency News Today – the EU is reportedly planning to implement more comprehensive crypto regulation by 2024. This report came to light after five European finance ministers called on the European Commission to implement very strong and clear rules on crypto. Continue reading Cryptocurrency News Today – Headlines for September 20 at Smartereum.
Nigerian regulators have recognized digital assets in the new statement The country’s SEC has declared virtual assets securities offering unless proven otherwise The regulator classified digital assets into four categories for regulatory oversight Cryptocurrency News Today – The SEC (Securities and Exchange Commission) of Nigeria has defined digital assets officially under its regulatory structure. In what can be described as a stunning move, the regulator in a September 14 statement defined digital assets (tokens and coins) in Nigeria’s financial markets. Continue reading Cryptocurrency News Today – Headline for September 15 at Smartereum.
Tether has recovered the $1 million in USDT wrongly sent to Defi address The traders who made the mistake sent an SOS on Twitter Tether managed to recover the lost funds because of its centralized structure Cryptocurrency News Today – according to reports, the most valuable stablecoin offering Tether, has recovered and sent back over $1 million (1,010,808 USDT) in USDT to a group of Chinese traders. Continue reading Cryptocurrency News Today – Headlines for September 13 at Smartereum.
Tether set o be launched on the Solana Blockchain The move to add Tether is the first time a stablecoin will be launched on Solana This move will allow Institutions to trade USDT at Nasdaq speed Cryptocurrency News Today – Tether has landed a fresh milestone. According to reports, the number one stablecoin has become the first stablecoin to be listed in the Solana Blockchain network. Continue reading Cryptocurrency News Today – Headlines for September 10 at Smartereum.
Privacy tokens appear to be the latest target of cybercriminals Two privacy crypto (Monero and Zcash) projects have been targeted by hackers Privacy networks will eventually become traceable Cryptocurrency News Today – in recent weeks, bad actors have targeted privacy crypto projects. Two projects in focus include Monero and Zcash. Such incidents suggest that cybercriminals have become more sophisticated in their attacks. Continue reading Cryptocurrency News Today – Headlines for September 5 at Smartereum.
BitMEX adds EOS, Tezos, Chainlink, and Cardano Futures The previous successful launch of ETH/USD Quanto Futures prompted the move Mass BitMEX BTC liquidation triggered a 10% drop in Bitcoin price Cryptocurrency News Today – the range of cryptocurrency futures contracts in the industry has just reportedly been expanded by BitMEX exchange after it rolled out new offerings for four major digital assets. Continue reading Cryptocurrency News Today – Headlines for September 4 at Smartereum.
The LINE network has unveiled a new crypto wallet The network has recorded remarkable growth Crypto adoption has risen in Japan since the coronavirus pandemic Cryptocurrency News Today – the LINE network is reportedly the biggest social network in Japan. It has unveiled a digital currency wallet for customers and a Blockchain platform. This platform is set up to allow developers to create their tokens, run dApps (decentralized applications), and tokenize digital assets. Continue reading Cryptocurrency News Today – Headlines for August 30 at Smartereum.
NPP Australia has sued Ripple Labs for alleged trademark infringement The Blockchain network is facing an intellectual property lawsuit The latest lawsuit against Ripple was filed in an Australian Federal Court Cryptocurrency News Today – Yesterday Ripple Labs announced that the company has been hit with a fresh lawsuit. Unlike previous cases this time it isn’t about the question of XRP’s classification (either ad security) under the American law. Continue reading Cryptocurrency News Today – Headlines for August 25 at Smartereum.
Monero malware botnet targets educational institutions and government offices The malware was deployed to over ten million IP addresses Cryptocurrency scams have risen in recent months Cryptocurrency News Today – a new attack has hit the educational sector and government offices. According to the reports, a Monero malware botnet called FritzFrog has reportedly been deployed to over ten millions of IP addresses. Continue reading Cryptocurrency News Today – Headlines for August 20 at Smartereum.
ChainLink edges out Bitcoin Cash to claim the number 5 position Weiss Ratings believes LINK’s move upward is too much The company warns that the ChainLink’s final ATH is approaching Cryptocurrency News Today – the digital asset native to ChainLink (LINK) has gained momentum and toppled Bitcoin Cash on the list of the largest digital currency by market cap. The LINK/USD is chart managed to push towards territory that it has never charted on in past sessions. Continue reading Cryptocurrency News Today – Headlines for August 14 at Smartereum.
CoinMarketCap has launched a program that will allow users to earn tokens The rewards will start with the BAND project Users will complete quizzes about digital assets for a pre-determined reward Cryptocurrency News Today – everyone in the crypto space is always happy when digital asset projects create ways for users to earn some tokens. Hence, we can agree that the latest initiative will be a welcome development among users. Continue reading Cryptocurrency News Today – Headlines for August 13 at Smartereum.
LINE’s native token, LN, has been listed on BitMEX LN has become the sixth digital asset listed for trading on BitMax exchange LN was changing hands at $20.99 at press time having risen by 31.8% Cryptocurrency News Today – BitMax exchange has achieved another milestone after it listed a new digital asset to its roaster for trading. The exchange, which already offers support for five tokens, has now added a sixth one to the list. Continue reading Cryptocurrency News Today – Headlines for August 10 at Smartereum.