Crypto exchange Huobi has announced that it will delist seven privacy coins, citing new financial regulations. Some analysts believe the primary motivation for this move is a planned entry to the US market.
Recent class action lawsuits filed against popular crypto exchange Coinbase accuse the service of cybersecurity failures in preventing crypto theft and misuse of fees that were ostensibly to be put toward safeguarding accounts.
Victims of BitMart Crypto Theft to Be Partially Compensated; Crypto Exchange Lost $196 Million in Breach, Will Return $150 Million to Users
BitMart crypto exchange was victimized with a total loss of about $196 million. BitMart has said that it will compensate victims of the crypto theft, but it is using its own internal estimate of $150 million in losses as a guideline.
The U.S. Treasury Department has handed down the first sanctions to a crypto exchange, hitting Russia-based SUEX.io for facilitating ransomware payments.
Cyber Attack on Crypto Exchange Liquid Results in Loss of $97 Million in Ethereum Tokens and Other Assets
Crypto exchange Liquid, one Japan's most popular exchanges, is now short $97 million in total assets after a cyber attack that pulled funds directly from the wallets of some of its customers.