The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.
Attackers replaced legitimate transactions with fake ones, then waited for users to approve higher fees. At least one person lost bitcoin before developers patched the flaw.
Ether and XRP led losses among the majors as the AI trade took another hit in Asia, where Goldman Sachs cut its Kospi target by 25%.
Covered holders could redeem without a minimum amount, while reserve-market illiquidity could limit daily exits and banking access would still matter. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
After a brief deviation in which the spot XRP ETFs joined the broader crypto trend with more outflows than inflows, the trend has flipped once again, with the funds flashing green again. Unfortunately for the SOL fans, the landscape around the altcoin is rather different, as the Solana ETFs just recorded their third consecutive week…
SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers.
Operators post a separate bond, while activation, cap increases and protocol inflows determine how much validator stake arrives later. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox