Grant Thornton, a leading global auditor, recently conducted a thorough review of Liminal’s infrastructure to confirm its security following a hack on WazirX’s systems. The comprehensive audit found no evidence of compromise in Liminal’s frontend, backend, or user interface (UI). This reaffirms Liminal’s assertion that its systems were not compromised in the hack that resulted
Exchanges
A federal judge recently made a decision that has shaken the foundation of one of the largest US crypto exchanges, Coinbase. The lawsuit, filed by shareholders, accuses the exchange of misleading investors about the possibility of facing legal action from the US Securities and Exchange Commission (SEC). This ruling by US District Judge Brian Martinotti
The recent cybercrime incident involving the theft of over $235 million from the Indian crypto exchange WazirX has taken a new turn. According to blockchain security firm Cyvers, the hacker responsible for the theft has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours. This laundering tactic is reminiscent of strategies
WazirX has initiated the second phase of their fiat currency withdrawal process earlier than expected, signaling potential challenges that the exchange is currently facing. This decision was made amidst the aftermath of a significant security breach that resulted in the theft of millions of dollars in user assets. CEO Nishal Shetty took to social media
Binance CEO Richard Teng has taken a strong stance against the Nigerian government’s treatment of Tigran Gambaryan, an American executive who has been detained since February. Teng expressed his concerns in a post on X, where he condemned the harsh treatment that Gambaryan has been subjected to. In particular, Teng highlighted a viral video that
In a recent announcement, OKX’s Singaporean entity, OKX SG, revealed that it has successfully obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license is highly coveted in Singapore, as it grants businesses the freedom to operate without daily or monthly transaction limits. To be eligible for this license,
Former FTX executive, Ryan Salame, made the decision to withdraw his petition to dismiss the indictment against Michelle Bond just days before a critical court hearing. This move was a surprising turn of events in the legal proceedings surrounding the conspiracy charges both of them are facing. Salame’s legal team informed Judge Lewis A. Kaplan
Recently, popular crypto exchanges Binance and Bybit have dropped hints about launching new products related to Solana. These hints have sparked speculation within the crypto community, with many anticipating that these exchanges may soon enter the Solana liquid staking market. Binance’s official X account posted a mysterious message “BNSOL” followed by “coming soon,” while Bybit
Recently, WazirX, a cryptocurrency platform, found itself in the midst of a crisis after a $234 million hack in July. As a result, the company has entered into an initial 30-day moratorium while awaiting a decision from Singapore’s High Court on whether to grant an extension. The moratorium was filed by Zettai Pte, the Singapore-based
Ryan Salame, a former FTX executive, has recently attempted to void his guilty plea, claiming that it was based on false promises made by prosecutors regarding their investigation into his partner Michelle Bond. Salame alleged that during his plea negotiations, prosecutors implied that they would not continue investigating Bond for her involvement in the same
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