CoinEx Prepares to Resume Deposit and Withdrawal Services After $70 Million Hack

Cryptocurrency exchange CoinEx is preparing to reopen deposit and withdrawal services more than a week after experiencing a $70 million hack due to compromised hot wallet private keys. CoinEx previously communicated its intention to develop and implement a new wallet system to support the 211 blo ...

Bitget Cryptocurrency Exchange Implements First-Level Verification for User Security

Cryptocurrency exchange Bitget has introduced forced first-level verification for users. The company announced this on its blog. Exchange officials say the measure is intended to "better protect the rights and interests of users, comply with regulatory requirements in the cryptocurrency sector an ...

OKX Enhances Verification Procedure After Service Unblocking in Russia

Cryptocurrency exchange OKX has tightened the verification procedure for customers after unblocking its service in Russia. The company assures that the reason is due to OKX's priorities - "platform and user security." "If your account has not yet been ver ...

Binance Collaborates with Tether, Circle, and Others to Expand Stablecoin Support

The world's largest cryptocurrency exchange Binance announced that it, along with Tether, Circle, and other unnamed companies, is going to expand support for stablcoins. "To improve user security, Binance has reached out to other market players, including ...

Trezor Reports Surge in Hardware Wallet Sales Amidst Security Vulnerability Disclosure

Hardware wallet maker Trezor reported a 9-fold increase in sales of its devices, despite the disclosure of a vulnerability in the Model T that allows a private key to be stolen. One of the drivers of Trezor wallet sales growth was the controversially accepted key recovery ...

ConsenSys Clarifies Taxation Misconceptions Surrounding MetaMask

According to ConsenSys' official statement, the company does not charge government taxes, fees, fines, or interest to users of the cryptocurrency. The parent company of wallet app MetaMask has denied rumors about its role as a tax agent and the company's forced withholdin ...