Indonesian Crypto Exchange Indodax Hacked for $22M; Pauses Activity Before Bigger Hit
The exchange is focused on the Indonesian market and recorded $11 million in trading volumes on Monday.
The exchange is focused on the Indonesian market and recorded $11 million in trading volumes on Monday.
On Aug. 7, Singapore's police warned the public against giving away or selling their Worldcoin accounts or tokens.
The yen picked up a strong bid in late July as the Bank of Japan hiked interest rates for the first time in decades, triggering an unwinding of the risk-on yen carry trades.
The former Alameda Research CEO testified against her former boss, Sam Bankman-Fried, last year.
Crypto was once again not mentioned in the second 2024 debate, the first between Kamala Harris and Donald Trump.
Ellison ran Alameda Research, the FTX-affiliated hedge fund, and testified that she committed fraud at founder Sam Bankman-Fried's direction last year.
The 30-day average funding rates for perpetual swaps slid to negative levels, a rare occasion that marked a bottom in prices historically, K33 Research said.
Investors during late August and early September pulled roughly $1.2 billion out of the funds over eight consecutive days, the longest streak of exits so far.
The protocol faced a challenging environment as yields from arbitraging bitcoin and ether funding rates tumbled to near-zero. Even so, its USDe token held steady to its $1 peg...
People in crypto tend to eschew politics, but managing a successful Web3 business requires great political skill, says Avishay Ovadia, Founding Partner at Collider.