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May's crypto market witnessed a notable decline in centralized exchange volumes, hinting at significant changes ahead. Report from CCData indicates a 27.1% drop in May compared to April, marking the lowest volume since October 2020. This decline is crucial as it suggests traders are moving away from

Binance, the global cryptocurrency exchange, is set to enforce significant changes to stablecoin access for European users starting June 30. Unauthorized stablecoins will be restricted. The move aligns with the European Union's new Markets in Crypto-Assets (MiCA) regulations, which mandate that only

Hackers have exploited a Chrome plugin to steal millions from Binance accounts. A Chinese trader lost $1 million in the scam involving the Aggr plugin, which steals cookies to bypass security measures. The trader, known as CryptoNakamao, discovered the theft after noticing unusual trading activity i

DMM Bitcoin, a prominent Japanese cryptocurrency exchange, reported a major hack resulting in a loss of $305 million. On May 31, 2024, the exchange detected unauthorized access leading to the theft of 4,502.9 BTC. The exchange has since suspended several services to protect customer assets. As of no

Hong Kong has taken a firm stance against unlicensed cryptocurrency exchanges. Simply put, those are now forbidden in the country. The Securities and Futures Commission (SFC) mandated that all crypto exchanges in the region must have a valid operational license or cease operations immediately. This