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Bithumb to Terminate Trading Support for Orbit Chain (ORC)
cryptocurrency

Bithumb to Terminate Trading Support for Orbit Chain (ORC)

Bithumb, following the decision of the Digital Asset Exchange Joint Consultative Body (DAXA), will terminate trading support for Orbit Chain (ORC) to protect investors. The schedule for trading and withdrawal has been announced.

OKX Ventures Invests in Orbiter Finance's Decentralized Layer 2 Protocol
cryptocurrency

OKX Ventures Invests in Orbiter Finance's Decentralized Layer 2 Protocol

OKX Ventures invests in Orbiter Finance, a decentralized cross-Layer 2 protocol on Ethereum, aiming to redefine blockchain infrastructure and enhance decentralization.

Significant Crypto Hacks in December 2023, with Orbit Bridge Exploit Leading the Surge
cryptocurrency

Significant Crypto Hacks in December 2023, with Orbit Bridge Exploit Leading the Surge

In December 2023, a significant increase in crypto thefts was triggered by an $81.5 million attack on Orbit Bridge, marking one of the largest attacks on cross-chain bridges in recent years.

Cross-chain Orbit Bridge allegedly experiences a $82 million exploit
cryptocurrency

Cross-chain Orbit Bridge allegedly experiences a $82 million exploit

Orbit Chain experienced $81.6 million in financial loss due to unauthorized transactions, involving fake signatures and unauthorized transfers of cryptocurrencies into new wallets.

Worldcoin Launches Advanced Identity Verification in Singapore
cryptocurrency

Worldcoin Launches Advanced Identity Verification in Singapore

Worldcoin expands to Singapore with World ID verification, following a temporary pause in India due to high demand and regulatory scrutiny.

Digital Asset Liquidity Provider OrBit Markets Wins Google Cloud Customer Award
cryptocurrency

Digital Asset Liquidity Provider OrBit Markets Wins Google Cloud Customer Award

OrBit Markets, a Singapore-based liquidity provider, has been awarded the 2023 Google Cloud Customer of the Year Award for its exceptional use of Google Cloud technologies for trading data processing.

Worldcoin Whitepaper Analysis: Revolutionizing Digital Identity and Global Finance
cryptocurrency

Worldcoin Whitepaper Analysis: Revolutionizing Digital Identity and Global Finance

Worldcoin aims to establish a global "proof of personhood" system using custom biometric hardware, as outlined in its newly released whitepaper.

Orbs Releases Smart Contract for Validators in TON Blockchain
cryptocurrency

Orbs Releases Smart Contract for Validators in TON Blockchain

Orbs has released a new smart contract, called the single nominator, designed for validators in the Telegram Open Network (TON) blockchain. The contract allows validators to have an isolated cold wallet for securing their validation process, enhancing their independence, security, and protection against gas-spending attacks.

Binance CEO Responds to Forbes Article on Fund Shuffling
cryptocurrency

Binance CEO Responds to Forbes Article on Fund Shuffling

Binance CEO Changpeng Zhao responded to a Forbes article that focused on the movement of funds by the cryptocurrency exchange. The article drew parallels between Binance and the now-defunct FTX and discussed the failed Voyager bid by Binance.US, as well as the United States Securities and Exchange Commission’s planned legal action against Paxos Trust Company, the issuer of the Binance-branded stablecoin, Binance USD (BUSD). Binance transferred $1.8 billion in stablecoin collateral to hedge funds such as Tron, Amber Group and Alameda Research between August and December 2022. Binance says it still supports BUSD and is now looking into non-USD stablecoins.

Crypto Winter Beats Top Crypto Billionaires from US Ranking - Forbes
cryptocurrency

Crypto Winter Beats Top Crypto Billionaires from US Ranking - Forbes

The downturn in the broader digital currency ecosystem has hit some notable billionaires in the US, pulling four names out of the wealthiest American’s list according to Forbes data.

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