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BitMart said "no user assets will be harmed." Now it says the 2021 hack left a lasting $320M deficit
BitMart originally put its 2021 hack at about $150 million and promised to make users whole. Its new restructuring plan tells a completely different story.
Thailand's crypto crackdown could leave transfers stuck until exchanges identify senders
Thailand's new crypto rules could leave incoming crypto unavailable for withdrawal until exchanges obtain information about who sent it.
Poland's biggest collapsed crypto exchange Zondacrypto faces €700M in claims
Zondacrypto's collapse has formally moved into bankruptcy, with its trustee estimating claims could exceed €700 million as thousands of former customers try to recover their money.
Crypto exchange Bullish says AI credit is bigger than auto loans. Public data tells a different story
Bullish says AI infrastructure financing has grown larger than auto loans, but public debt data suggests the comparison is difficult to reconcile.
Revolut alumni-built crypto perp exchange Extended keeps teasing TGE amid $190B in trading volume
The team is preparing for a TGE while restructuring its European operations around a regulated push into retail and traditional brokerage distribution.
Russia's FSB wants crypto exchanges plugged into its surveillance system
The surveillance proposal could turn direct security-service access into a requirement for exchanges allowed to operate under Russia's emerging crypto rules.
Binance's co-CEO says the exchange is hiring. Her video opens in Moscow City, where three sanctioned crypto exchanges once operated
Binance says it left Russia for compliance reasons, yet its latest recruitment post opens with Moscow City, where sanctioned crypto exchanges once kept offices.
BitMart starts closing with no BMX token redemption plan. Its CEO says he was fired
BitMart's BMX token plunged more than 60% roughly 38 hours before the exchange announced its wind-down.
Crypto exchange Drift rebrands to Velocity after $285M exploit
Drift rebrands to Velocity, but some seemed less interested in the new name than in when they would get their money back.
Estonian crypto exchange Coinmetro files for bankruptcy-style reorganization
Estonian crypto exchange Coinmetro files for a bankruptcy-style reorganization, sliding into a potential bankruptcy fight.
Coinbase-backed crypto exchange Satori Finance shuts down
Crypto exchange Satori Finance shuts down three years after launch, giving users one month to close positions and withdraw funds.
Backpack crypto exchange gets MiCA, payments licences in Latvia
The Backpack crypto exchange has secured MiCA and payment institution licences in Latvia, giving it a wider EU route beyond earlier perps setup in Cyprus.
UK sanctions EXMO, Huobi over ties to Russian crypto exchanges
The UK is widening its Russia sanctions campaign into crypto, adding EXMO, Huobi and Russian crypto firms to its latest designations list.
NYSE owner ICE brings oil perps to OKX crypto exchange
ICE and OKX are launching oil perps, giving crypto traders a way to bet on Brent and WTI prices.
Polish crypto exchange Zondacrypto hit with Estonia license suspension
Estonia's financial watchdog suspended Zondacrypto's license, blocking the exchange from taking new client money.