Coindesk
Crypto News Source: coindesk.com
Crypto Exchange BingX Hacked, Onchain Data Shows Over $43M Drained
Hacker have moved the stolen assets to decentralized exchanges.Source link
Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol
The first protocol will be launched in 2025 with more than $100 million in total value locked.Source link
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company's efforts to launch political prediction markets in the U.S., without indicating whether they'd allow Kalshi to offer these products while reviewing a lower court's ruling on the products.Source link
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.Source link
German Government Shuts Down 47 Exchanges, Says They’re Tied To ‘Illegal Activity’
The German Attorney General's Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police Office (BKA) have shut down 47 crypto exchanges allegedly tied to criminal activities including money laundering.Source link