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Learn Concept: Scam Tokens and Their Implication on Crypto Exchanges

September 26, 2023

South Korea's leading cryptocurrency exchange, Upbit, recently experienced an unprecedented event when it detected a large number of deposit attempts connected to a scam token. This lead to the suspension …

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$8M HTX Exploit Confirmed: Attacker Offered Bounty and Security Advisor Role for Fund Return

September 26, 2023

Cryptocurrency entrepreneur and HTX global adviser Justin Sun has confirmed an exploit that cost the exchange $7.9 million. The hack, initially reported by Web3 security firm Cyvers, was detected via …

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SEC Raises Concerns About Coinbase's Role in Celsius' Restructuring Plan

September 25, 2023

The U.S. Securities and Exchange Commission (SEC) has voiced concerns over crypto exchange Coinbase's proposed role in the restructuring plan of bankrupt crypto lending platform, Celsius. The SEC filed an …

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OpenAI Upgrades ChatGPT With Multimodal Features

September 25, 2023

The artificial intelligence firm OpenAI has announced a major upgrade to its ChatGPT system. The AI chatbot will soon be able to perceive and engage with users through images, voice …

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MicroStrategy Invests an Additional $147M in Bitcoin, Totaling Holdings to 158K BTC

September 25, 2023

Business intelligence company MicroStrategy has added a hefty 5,455 units of Bitcoin (BTC) to its cryptocurrency arsenal. This recent acquisition, which occurred between Aug. 1 and Sept. 24, has brought …

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Unclaimed Arbitrum Tokens Worth $56M Moved to DAO Treasury

September 25, 2023

Arbitrum, a leading layer-2 Ethereum scaling solution, has transferred 69.4 million unclaimed tokens to its decentralized autonomous organization (DAO), called Arbitrum DAO. This came after the deadline for its airdrop …

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Coinbase Gains AML License in Spain, and Ethereum Co-founder's Wallet Activity

September 25, 2023

Crypto exchange platform, Coinbase, has registered as a cryptocurrency exchange and custodial wallet provider with the Bank of Spain, marking a significant development in its international growth strategy. The anti-money …

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Crypto Updates: Tether Changes ToS for Singapore Customers, Terra Classic Community Votes to Halt USTC Minting

September 25, 2023

Major developments in the crypto sphere include Tether's updated terms of services (ToS) for Singapore-based customers and Terra Classic community's decision to end minting and reminting of USTC tokens. Tether, …

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Crypto Exchange Upbit Resolves Fake APT Token Issue and Resumes Services

September 25, 2023

A faux APT token known as 'ClaimAPTGift.com' had erroneously been identified as legitimate by crypto exchange Upbit, infiltrating roughly 400,000 Aptos wallets. South Korean crypto exchange Upbit has subsequently restarted …

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Mixin Network Suffers $200M Loss Following Security Breach

September 25, 2023

The decentralized peer-to-peer Mixin Network has reported a loss of nearly $200 million in crypto assets due to a security breach. The incident, which took place on 23rd September, involved …

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