On Sunday, January 14, Whale Alerts, a platform that tracks and reports large transactions on various blockchains, posted an intriguing transaction carried out on the XRP Ledger. However, unlike its usual reports, this particular one would spark a lot of discussion as it showed that 50% of the total circulating XRP supply were being sent […]
The MEXC crypto exchange has been under the microscope recently after multiple complaints emerged on X (formerly Twitter) that the platform had been illegally withholding user funds. These claims have since snowballed into speculations that the crypto exchange is illiquid and is holding user funds as a result. User Claims MEXC CEO Deleted X (Twitter) […]
In addition to a long list of court filings, FTX investors have filed a new lawsuit against the Mercedes F1 team and Major League Baseball, accusing them of aiding the exchange’s fraud schemes by promoting the exchange’s brand and logo. FTX Investors Sue Crypto Exchange Promoters A group of FTX users recently filed a twin […]
Reports reaching us at Bitcoinist are that the Justin Sun-led Poloniex crypto exchange has been hacked and the attackers are currently siphoning funds away from the exchange at an alarming rate. So far, over $60 million in crypto is suspected to be already stolen spanning digital assets such as Tron (TRX), Pepe (PEPE), and Magic […]