Security Engineer Pleads Guilty To $12 Million Crypto Exchange Hack

Categories
btcusd, Crypto News, Cryptocurrency, Decentralised crypto exchange, ethusd, Nirvana Finance, Shakeeb Ahmed

An unidentified decentralized crypto exchange and Nirvana Financial, a decentralized financial yield protocol, were both compromised in a hacking incident, which a software engineer admitted to. A maximum five-year prison term awaits him for wire fraud and money laundering charges. According to the US Attorney’s Office, this was the first smart contract hacking case to […]

DEX Volume In Crypto: November Sees $29 Billion Surge, Yet CEXs Hold 97% Market Grip

Categories
Binance, coinbase, Crypto, crypto exchange, Crypto News, curve, Decentralised crypto exchange, Kaiko report, Uniswap

Despite decentralized exchanges (DEXs) emerging as pivotal players in the crypto world, recent reports indicate a significant shift in their market share relative to centralized exchanges (CEXs). According to the latest analysis by crypto analytics firm Kaiko, DEX trading volumes experienced a notable increase in November, reaching $29 billion. This resurgence marks a recovery from […]