In a bullish move for cryptocurrency innovation, Coinbase has stepped up its game with the introduction of a self-service asset recovery tool for the Solana network, unveiled on April 21. This capability allows users to reclaim lost SPL tokens without the bureaucratic delay of submitting support tickets. For many users, this may appear to be
Exchanges
In the world of cryptocurrencies, few events resonate as deeply as the staggering Bybit hack, a significant breach that has redefined notions of security and privacy within the blockchain ecosystem. According to the exchange’s CEO, Ben Zhou, approximately $400 million—nearly 27.6% of the total stolen funds—has become untraceable. This alarming statistic is not just a
Vietnam is on the brink of an ambitious transformation in the digital currency space, aiming to establish a pilot crypto trading platform with assistance from Bybit, a global cryptocurrency exchange. As reported by Vietnam Investment Review, Finance Minister Ho Duc Phoc underscored the burgeoning risks associated with unregulated cryptocurrency transactions. The impending platform is a
The crypto landscape is riddled with tales of innovation and opportunity, but the recent controversy surrounding the OM token has starkly illuminated the darker side of this digital frontier. Allegations have emerged suggesting that key players within the Mantra team, in collusion with market makers, engaged in elaborate deception intended to manipulate liquidity metrics. This
In a bold move that echoes the ongoing turbulence in the cryptocurrency sector, Bybit has announced the discontinuation of a significant portion of its Web3 portfolio by the end of May 2025. This decision, articulated in their recent April 16 notice, signals a substantial pivot in their operational strategy. They are claiming this is a
On April 15, a curious episode unfolded in the world of cryptocurrency when Amazon Web Services (AWS) faced a sudden outage, bringing down the roofs of major platforms and exposing a glaring vulnerability inherent in centralized systems. This disruption wasn’t just a temporary inconvenience; it laid bare the fragile nature of infrastructure upon which many
At the heart of Coinbase’s objection to the FDIC’s request for additional time lies a disturbing truth about government authority in the evolving landscape of cryptocurrency. By attempting to sidestep the legal requirements of the Freedom of Information Act (FOIA), the FDIC is not merely asking for an extension; it is actively undermining accountability. Coinbase’s
The current structure of South Korea’s cryptocurrency market, bound by the restrictive one-bank-per-exchange policy, is a significant barrier to progress. This antiquated regulation, originally introduced in 2018 to combat money laundering, has become an anchor, dragging down both innovation and competition. By permitting only one bank to partner with a given exchange, the policy effectively
In an era where traditional financial systems dominate, the emergence of decentralized finance (DeFi) offers a refreshing mindset that empowers individuals. Among the notable players causing a stir in this arena is SUN.io, the DeFi platform built on the TRON blockchain. By integrating features such as token swaps, liquidity mining, and a Decentralized Autonomous Organization
The latest announcement from BlackRock regarding the iShares Bitcoin Trust (IBIT) has sent ripples through the world of digital assets. With the formal inclusion of Anchorage Digital Bank as a secondary custodian, the asset management giant is making a calculated move that defies the traditional single-custodian framework. While this expansion might initially seem like a
