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🦎🚀 Death, hacks and taxes
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | We are back, Geckos! The crypto exchange AscendEX, formerly known as BitMax, was hacked for an estimated $77.7 million.
The exchange lost $60 million on Ethereum (ETH), $9.2 million on Binance Smart Chain, and $8.5 million on Polygon (MATIC), according to PeckShield.
The incident occurred just one week after BitMart, a crypto exchange, was hacked for $200 million.
In today's news, Vulcan Forged was hacked for $100M, Binance Singapore drops crypto license plans in Singapore, and The Central Bank of Russia will allow foreign residents to use digital ruble.
Read on! | | |
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| 24h Hot Searches Worldwide 👀 | |
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| | Crypto markets took a tumble since Black Friday. We take a look across the industry at how it went down and share some of our thoughts.
Crypto Market Recap: Omicron Dip 👉 https://gcko.io/12jmwkc | | Vulcan Botched Nearly $100 million in PYR tokens were stolen from the NFT marketplace Vulcan Forged.
48 wallets containing the PYR cryptocurrency have been hacked, with over 4.5 million PYR tokens valued slightly under $100 million taken by the attacker.
The team is attempting to replace the stolen PYR tokens, although the investigation is still early.
BeInCrypto | | Bye-nance.SG Binance Singapore has withdrawn its application for a license to operate a cryptocurrency exchange and will close its trading platform in the city-state by February 13.
The platform will notify its users via email about the next steps once the platform ends operations.
According to an emailed statement from the business, registration, crypto and currency deposits, and trading on the platform will be suspended immediately.
Forbes | | Russia Strengthens CBDC Plan The Russian Federation's Central Bank (CBR) will ease the exchange of the digital ruble with foreign currencies and allow users located outside its territory to open and use digital ruble wallets.
The monetary authority disclosed these ambitions in its recently published "Main Directions for Digitalization of the Financial Market, 2022 – 2024" project.
The Bank of Russia began thinking about a central bank digital currency (CBDC) in 2018 and decided to investigate the feasibility of releasing one last year.
Bitcoin.com |
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