
Crypto Exchange CoinEx Drained of $27M in Latest Fraud
CoinEx has reassured all its customers that all the affected parties shall receive a refund of 100%. The exchange also said that it would release a detailed report soon.
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Dai is decentralized and backed by collateral. The Maker Protocol, which allows anyone anywhere in the world to generate Dai, aims to facilitate greater security, transparency, and trust.
CoinEx has reassured all its customers that all the affected parties shall receive a refund of 100%. The exchange also said that it would release a detailed report soon.
Kaal Dhairya, one of the key developers behind Shibarium, has revealed a series of significant upgrades aimed at bolstering the network’s capabilities while appreciating the community’s efforts to adopt the protocol.
The attacker managed to transfer Dai stablecoins twice. The initial transfer was $636,812, followed by a subsequent transfer of $257,527, aggregating to a total stolen amount of around $900,000.
Coinbase noted that Tether’s USDT doesn’t meet their listing standards for Canada and thus they decided to suspend the stablecoin.
Prominent crypto personalities and businesses have extended help to ZachXBT as he faces the defamation lawsuit from musician and tech entrepreneur Jeffrey Huang.