Crypto News

Gibraltar-based Xapo Bank, a digital asset-friendly regulated bank, has announced that Bitcoin trading volume reached record highs in the first quarter of 2025, marking a 14.2% increase compared to the previous quarter. The surge in trading activity is attributed to strong Euro and USDC deposits, as bitcoin prices experienced a dip below $100,000 during February.Source link

Crypto exchanges Binance and KuCoin temporarily suspended withdrawals amid reported issues with their data center provider Amazon Web Services (AWS)."We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center," Binance said in an X post."Some orders are still successful, but some are failing. If users failed, they may keep retrying."Binance opened withdrawals just over five minutes after the issue was first reported. Users are still reportedly facing issues placing trades on both Binance and KuCoin, X posts show.Crypto wallet Rabby and on-chain analytics tool DeBank reported issues in separate X posts as well, with all services unavailable.AWS is a cloud computing platform providing services like storage,...

According to records from the Central Reserve Bank, only 20 registered bitcoin service providers (BSPs) are actively operating in El Salvador, one of which is Chivo, the official government wallet that will soon be disbanded. Barren Land: Only 20 Bitcoin Service Providers Operate in El Salvador While El Salvador was one of the first countriesSource link

White House digital assets director Bo Hines cites tariffs as one of several "budget-neutral" options being explored to acquire Bitcoin.Source link

KiloEx, a decentralized exchange (DEX) for trading perpetual futures, was hit by a sophisticated attack earlier Tuesday that left users reeling with losses of around $7 million.The exploit unfolded across multiple blockchain networks and appeared to stem from a vulnerability in the platform’s price oracle system, per blockchain analysis firm Cyvers.An attacker, using a wallet funded through Tornado Cash — a tool that obscures transaction trails — executed a series of transactions on the Base, BNB Chain, and Taiko networks to take advantage of a flaw in the platform’s price oracle system, which allowed the attacker to manipulate asset prices.KiloEx has since confirmed the breach, suspended platform operations, and is now working with partners to trace the stolen funds and...