Bitforex reopens for withdrawals after police investigation

BTC price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.

The firm emphasized that it will “actively fulfill its legal responsibilities to customers and strive to avoid further transmission and diffusion of liquidity risks.” 211 Total views 2 Total shares Hong Kong-based crypto lending firm, Babel Finance, has eased some of its immediate liquidity troubles by reaching debt repayments agreements with some of its counterparties.…

Polkadot’s first major voting proposal passed with 86% in favor of multiplying the DOT supply 100-fold. 1913 Total views 18 Total shares The first token-based vote on the Polkadot network passed in favor of multiplying the DOT supply 100-fold.As announced on Monday, a proposal to give DOTs a “more ergonomic” value was accepted by the…

Authorities raided Bitcoin (BTC) mining operations in Malaysia after finding that they were stealing electricity resulting in a loss of 3.2 million Malaysian ringgit ($760,736) to the utility company.33 facilities illegally mining BitcoinMalaysian major electric utility Tenaga Nasional Bhd (TNB) fell victim to an illegal cryptocurrency mining operation, which resulted in a $760,736 loss, local…

Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market (DM) has broken past $1 billion, according to a press release shared with Cointelegraph on Dec. 27.Huobi Global — which operates the world’s third-largest largest crypto spot market trading platform — launched Huobi DM last month. The new platform allows traders to trade Bitcoin…

Bitcoin's (BTC) rise to as high as $35,000 this week has also lifted a number of memecoins, including Floki (FLOKI), which has beaten its top rivals in percentage gains.FLOKI price up 140% amid Bitcoin ETF hype, TokenFi launchAs of Oct. 27, FLOKI had surged over 140% to $0.00004261, its highest level in five months. The

Google Trends data show searches for ‘Bitcoin’ rose to a yearly high as BTC price rallied to $19,400. 951 Total views 7 Total shares Today Bitcoin (BTC) price extended its rally toward a new all-time high as the price surged to $19,412 in the morning trading session. Daily cryptocurrency market performance. Source: Coin360Determining the actual all-time…

The highly anticipated NFT project Akutars was marred by both an exploit and a bug on the weekend causing over 11,500 Ethereum (ETH) worth nearly $33 million to be locked forever within a smart contract, inaccessible even to the development team.The exploit however, was conducted by someone trying to show a vulnerability in the project…