Crypto Industry News

The crypto industry is quite turbulent, but also innovative, impactful, or even fun. Many dozen events of all kinds happen each day, giving crypto enthusiasts plenty to keep them interested.

We dig for the best stories to share them with readers and have quite a few news categories here on TradeCrypto for all these stories. But whatever news on the many crypto companies and events doesn’t fit anywhere else, goes in the general crypto industry news.  

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Mastercard Crypto Secure
Crypto Industry News
Mastercard Launches Crypto Security Tool

Mastercard has launched its new service – Crypto Secure. The service will assist banks with preventing fraud involving 2,400 crypto exchanges within Mastercard’s network. Crypto Secure is developed by CipherTrace, a blockchain security company that Mastercard acquired last year. Their project is an offshoot of a similar service that handles fiat currency, which Mastercard was […]

04.10.2022 09:291 min read
Kim Kardashian SEC
Crypto Industry News
Kim Kardashian Settles with SEC for $1.2 Million

U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Kim Kardashian. The celebrity was charged for failing to disclose that she had received a $250,000 payment for promoting the EthereumMax (EMAX) crypto on her Instagram profile. Kardashian immediately settled with the SEC for $1.26 million. EMAX was promoted in a ramified influencer campaign. […]

04.10.2022 09:001 min read
Transit Swap exploit
Crypto Industry News
Hacker Returns 70% of Funds Stolen in Transit Swap Exploit

Another day, another crypto hack, but this one has a happy ending. Following the $23 million exploit of the DEX aggregator Transit Swap, the attacker has now returned 70% of that sum, with the rest expected to follow soon. According to the blockchain security company, PeckShield, the hacker took advantage of a bug in Transit’s […]

03.10.2022 10:021 min read
Lazarus Crypto.com
Crypto Industry News
Hacker Organization Lazarus Targets Crypto.com

The North Korean hacker group Lazarus strikes again. After previously targeting Coinbase in August, it has now executed a malware attack linked to another prominent crypto exchange, Crypto.com. Lazarus is a well-known hacker organization allegedly backed by the North Korean government. In February, a United Nations report indicated that North Korea had used the funds […]

30.09.2022 09:561 min read
Voyager FTX
Crypto Industry News
FTX US Purchases Voyager Digital’s Assets for $1.4 Billion

Crypto exchange FTX US has beaten Binance and CrossTower in a bid to purchase the assets of the bankrupted crypto brokerage company, Voyager Digital. The deal is worth a little over $1.4 billion. Back in July, Voyager was one of the many companies that ran into trouble due to the harsh crypto winter. Specifically, the […]

27.09.2022 09:391 min read
Do Kwon Interpol
Crypto Industry News
Interpol Issues Red Notice for Capture of Do Kwon

Some two weeks following the warrant for the arrest of Do Kwon in South Korea, Interpol has now issued a “Red Notice” – request to law enforcement worldwide to locate and capture the Terraform Labs co-founder. Do Kwon and five of his associates are wanted in connection to Terra’s market crash, which took place in […]

26.09.2022 09:351 min read
Veritaseum Coinbase lawsuit
Crypto Industry News
Veritaseum Capital Sues Coinbase for $350 Million

Blockchain software firm Veritaseum Capital has filed a lawsuit against one of the leading crypto exchanges, Coinbase. According to the lawsuit, the crypto exchange has illegally been using Veritaseum’s patented technology for secure crypto payment transfers. Some of Coinbase’s services relying on this tech include Coinbase Pay, Commerce APIs, and iOS and Android wallets. Due […]

26.09.2022 09:071 min read
GMX exploit
Crypto Industry News
GMX Exploited for More Than $500,000

Decentralized exchange GMX was hit in a price manipulation exploit, with the attacker taking off with some $565,000. GMX is a relatively young crypto exchange, having launched just late last year on Ethereum layer-2 solution Arbitrum. However, that’s more than enough time to become a victim of cybercrime in the crypto industry. GMX’s AVAX/USD market […]

19.09.2022 09:081 min read
Tron hackathon
Crypto Industry News
Tron Hackathon Season 3 Kicks Off with $1,2 Million Prize Pool

The third season of Tron’s Grand Hackathon is starting. This year, the second-largest DeFi network by TLV has secured $1.2 million for Hackathon’s prize pool and introduced two additional competitive categories. Apart from the DeFi, GameFi, NFT and Web3 tracks, developers can now participate in the Academy and Ecosystem categories as well. The former is […]

16.09.2022 09:261 min read
Near crypto hub Vietnam
Crypto Industry News
Crypto Hub in Vietnam Opened by Near Foundation and GFS Ventures

Near Foundation, a Swiss non-profit organization that oversees the development of the layer-one blockchain, Near Protocol, announced that it has opened a Web3 regional hub in Vietnam. Its partner in the project is GFS Ventures, a venture capital fund. According to the Global Cryptocurrency Acceptance Index, Vietnam ranks fifth when it comes to the degree […]

15.09.2022 09:551 min read
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