CoinEx quits after 9 years as crypto trading activity concentrates at biggest exchanges
Crypto exchange CoinEx is shutting down after nine years, citing shrinking revenue and rising compliance costs as the reasons the exchange is no longer viable. The centralized crypto platform said Sept. 15 that it will wind down operations in stages,…
7-day blockchain outage wipes out a full week of staking rewards after emergency aelf shutdown
aelf, a blockchain network built around its AELF MainChain and tDVV dAppChain, has restored public node access and several core services after malicious smart-contract activity led to a controlled recovery. The incident halted block production for…
L-BTC resumes trading with reserves covering just 85% of supply
SideSwap reopened its markets on Liquid while the network’s route back to Bitcoin remained closed. The split gives Liquid Bitcoin a market price before holders regain the process that converts L-BTC into BTC. At 22:55 UTC on Sept. 10, a Blockstream…
A validator reward failure on Core DAO triggers exchange transfer blocks and leaves token issuance in question
Core DAO validator rewards exceeded the protocol’s intended levels for a small group of validators, the project said, creating an unresolved supply question for the CORE token as two exchanges restricted transfers. Core DAO said it had identified…
Phemex puts 82 tokens on notice over liquidity and project compliance concerns
Phemex placed 82 unique USDT spot pairs under Special Treatment on Aug. 31, requiring users to pass a mandatory Risk Cognizance Test before trading them. The restriction took effect at 10:00 UTC and applies to established assets including ETC, XTZ, SNX,…
Deribit moved 90% of client assets to Coinbase, then killed its daily proof-of-reserves check
Deribit will remove its public Proof of Reserves page on Sept. 1, ending a daily check customers could use to verify balance inclusion and compare aggregate liabilities with published wallet holdings. Regulator-required reserve, reconciliation and audit…
Coinbase’s $104M US500 trading spike hits an early reality check
Coinbase US500 futures reached a $100 million milestone, giving the exchange an early test of whether a crypto-native trading mechanism can travel into regulated US equity markets. The chart attached to Armstrong’s Aug. 28 post tracked trailing 24-hour…
HashKey Cloud backs Stacks’ Genesis Bond to prove institutional appetite for native Bitcoin yield
Stacks founder Muneeb Ali said on Aug. 27 via X that HashKey Cloud will deploy Bitcoin in Stacks, making the Asian infrastructure provider the second institution announced for the network’s Genesis Bond pilot. HashKey will time-lock BTC on Bitcoin,…
KuCoin can block your crypto transactions even if you never sent it to these 17 sanctioned platforms
KuCoin has expanded sanctions screening to indirect crypto transfers across 17 crypto platforms, including Justin Sun-linked HTX. Under an Aug. 27 compliance notice, KuCoin said Shelbit, Aban Tether, A7 Nigeria, A7 Africa, PilotFinance, Rapira, Aifory…