BingX confirms the resumption of withdrawal services following hack
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.
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China Launches Licensed Blockchain ‘Pilot Zone’ to Further Tech Usage
China’s Hainan Province became the host of the country’s “first” officially licensed “‘blockchain pilot zone” Monday, Oct. 8, China’s official state-run press agency Xinhua reports.With its base at the Hainan Resort Software Community (RSC), a dedicated tech space and software park, the pilot zone incorporates several partnerships, chief among which are a blockchain research institute…

Bitcoin reclaims $92K, but sentiment still stuck in ‘Extreme Fear’
The price of Bitcoin has just recovered back over $92,000 after several days of turbulence, though a crypto market sentiment tracker shows investors are still cautious. Bitcoin (BTC) is trading at $92,170, having jumped 5.7% over the past 24 hours, according to CoinMarketCap data. Despite Bitcoin's price spike, the Crypto Fear & Greed Index, which

Binance to reimburse users $1M for Cyber Earn incident
Users were prevented from withdrawing their CYBER Earn assets on the exchange due to a cross-chain bridging issue. 77 Total views 1 Total shares Crypto exchange Binance is refunding users 1 million Tether ($1 million) over its handling of the CyberConnect (CYBER) token incident.As narrated by the exchange on Sept. 7, a price discrepancy on

Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. 342 Total views 2 Total shares On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act, 2023, into law. The act introduces a series of tax reforms aimed at modernizing the country’s…

Bitcoin trader sees gold 'blow-off top' as XAU nears new $3.3K record
Bitcoin is in no mood to copy gold's bull run yet, but on the horizon is a "terminal" end to the record XAU/USD winning streak, a trader predicts. Bitcoin (BTC) faces an uphill struggle as a safe haven in 2025 as gold fund inflows circle $80 billion. Data from Bank of America (BoA) uploaded to

Five times crypto got weird in 2020
Every industry, group, clique and conclave has its own share of weirdos — cryptocurrency and blockchain are no exception. Considering that cryptocurrency is the so-called “native” currency of the internet — the repository of the sum of human knowledge and the eccentricities there contained — the crypto sector is home to perhaps even weirder moments and…

SEC targets Coinbase, Do Kwon arrested and FTX sells $95M in Mysten Labs: Hodler’s Digest, March 19-25
Top Stories This Week Coinbase could face SEC enforcement action for ‘potential violations of securities law’ Crypto exchange Coinbase received a Wells notice from the United States Securities and Exchange Commission (SEC) suggesting an upcoming enforcement action. According to Coinbase, the “legal threat” could potentially target its staking program, listed digital assets, wallet or Coinbase…

Getgems bets on Telegram to boost NFT adoption in 2025
Despite a challenging year for NFTs, Getgems bets on Telegram’s 950 million users and the TON blockchain to drive adoption through utility-focused digital collectibles.