CoinEx resumes services post-$27M security breach, warns against using old addresses

CoinEx is set to resume deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and other cryptos starting Sept. 21 at 08:00 UTC. The announcement via CoinEx’s official X account urges users to steer clear of old addresses, warning that any assets sent to these locations will be irrevocably lost. A The post CoinEx resumes services post-$27M security breach, warns against using old addresses appeared first on CryptoSlate.

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Stanford to return millions in FTX donations amid lawsuit alleging misuse by SBF’s parents

Stanford University plans to return millions of dollars it received from the now-bankrupt crypto exchange FTX and its affiliate companies, according to Bloomberg, This decision comes amidst a lawsuit from FTX advisers seeking to reclaim funds owed to the exchange’s customers. The lawsuit alleges that Allan Joseph Bankman and Barbara Fried, parents of FTX co-founder The post Stanford to return millions in FTX donations amid lawsuit alleging misuse by SBF’s parents appeared first on CryptoSlate.

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Is ‘smart money’ that smart? Top 5 DeFi wallets have unrealized losses

In finance, ‘smart money’ typically refers to institutional or professional investors presumed to possess greater market knowledge and resources. However, an intriguing pattern emerges when examining the top holders across major DeFi platforms. CryptoSlate analyzed the top 5 wallets (excluding funds and exchanges) and the top 5 fund wallets from major DeFi platforms listed on The post Is ‘smart money’ that smart? Top 5 DeFi wallets have unrealized losses appeared first on CryptoSlate.

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Netcoins averts cybersecurity attack limiting losses to $250k, customer funds secure

Netcoins, the online cryptocurrency brokerage owned by BIGG Digital Assets, claims to have detected and prevented a cybersecurity breach on Sept. 17. Its internal control systems identified suspicious activity on its hot wallets and blocked unauthorized crypto-asset withdrawals. A statement from the company reported that the incident led to the withdrawal of coins from Netcoins’ The post Netcoins averts cybersecurity attack limiting losses to $250k, customer funds secure appeared first on CryptoSlate.

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SBF’s parents accused of masterminding parts of FTX deception, appropriating over $30M

The bankrupt cryptocurrency exchange FTX is suing the parents of founder Sam Bankman-Fried for allegedly manipulating their relationships to divert millions of dollars out of the company improperly. Alameda Research LLC, Alameda Research Ltd., FTX Trading Ltd., West Realm Shires, Inc., and West Realm Shires Services Inc. (FTX.US) filed a complaint in Delaware bankruptcy court The post SBF’s parents accused of masterminding parts of FTX deception, appropriating over $30M appeared first on CryptoSlate.

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