Altcoin News Official TheBitTimes.com

Iranian crypto trading platform Bit24.cash has apparently inadvertently exposed the sensitive data of nearly 230,000 users , according to recent research. According to an investigation conducted by Cybernews, the Iranian crypto exchange Bit24.cash misconfigured a high-performance object storage system instance, inadvertently granting access to cloud storage containers containing the platform’s Know Your Customer (KYC) data. The researchers learned that approximately 230,000 Iranian citizens have fallen victim to a misconfiguration, which led to the exposure of their written consent to regulations, along with sensitive details such as passports, IDs, and credit cards. In a commentary to Cybernews, a spokesperson for Bit24.cash called the claims “inaccurate and misleading,” emphasizing that there is no evidence of a data breach or unauthorized access to sensitive user information. You might also like: Israel seized crypto worth millions of dollars from accoun...

The Spanish football club Atlético Madrid is preparing to file a lawsuit against the Singaporean crypto exchange WhaleFin, per a news report . According to Protos, the subject of the dispute is income relating to a sponsorship in the amount of $44 million, which the crypto currency exchange did not pay to the football club. According to the source, Atlético Madrid signed a five-year contract with WhaleFin ahead of the 2022/23 season. Subsequently, the crypto exchange violated the terms of the agreement and refused to pony up the rest of the payment, club representatives now claim. You might also like: Spain’s Atlético de Madrid Partners with STEPN & WhaleFin for NFT Sneakers Launch In Dec. 2022, the crypto exchange reported financial difficulties and terminated a $25 million sponsorship agreement with the English FC Chelsea. That event occurred seven months after the conclusion of the contract. It’s not the Madrid football club’s first or only foray into crypto . A...

U.S. Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero said the regulator will continue to pursue cryptocurrency exchange s that break the law. In a statement quoted by Business Insider, the commissioner emphasized that “there are no pirate ships in US markets” and that “access to American customers is a privilege, not a right.” Romero added that the CFTC will not tolerate the use of virtual private networks (VPNs) and other services that help users circumvent know your customer (KYC) rules, including pop-up questions that simply ask users to confirm that they are not located in the United States. “It should be crystal clear that the CFTC will not stop in its pursuit of non-U.S. entities.” Caroline D. Pham, CFTC Commissioner Statements by representatives of the regulator came against the backdrop of several high-profile proceedings against the largest cryptocurrency exchange s. You might also like: CFTC files legal ...

Bitcoin (BTC) experienced a bull run in the last month , up more than 30% since October 15. This created an opportunity for investors, traders, and Bitcoin miners to realize profit by selling their coins. In the meantime, centralized exchange BTC reserves increased by approximately $1.2 billion worth of the leading cryptocurrency. Notably, exchange reserves registered an increase of 34,315 BTC from October 20 to November 14, according to a Glassnode chart shared by Ali Martinez on X. Reserves dropped to around 2.32 million BTC, the lowest in the chart, bouncing up to more than 2.35 million BTC at its highs. Considering Bitcoin’s price in the $36,000 zone by press time, the increase sums up to $1.23 billion worth of a possible market sell-off. Bitcoin: Balance on exchanges (total) [BTC] – All Exchanges. Sources: Glassnode and @ali_charts Bitcoin price analysis amid exchange reserves increase Interestingly, Bitcoin price initially surged a few days before exchange reser...

This Swiss platform unifies traditional finance experience with DeFi, coining the term “MEX” with its Smart Engine meta-exchange. Crypto gets traditional finance treatment with the Smart Engine, a first-of-its-kind meta-exchange by SwissBorg. Unifying the experience for FX, CEX and DEX trading, Smart Engine has recently integrated with Solana, bringing direct fiat on-ramps for Solana-based projects. The cryptocurrency market is fragmented, with thousands of coins listed on a variety of centralized (CEXs) and decentralized (DEXs) exchanges. This complexity is a barrier to entry for both individuals and institutions from traditional finance. Crypto trading is complex, difficult to use, and requires a deeper understanding of the underlying technology to succeed. Users also need to create new accounts on multiple trading platforms and complete rigorous Know Your Customer (KYC) processes for each CEX just to access a wide range of assets and trading pairs. Even then, getting the lowest sli...

In the realm of content creation, there are three critical elements to consider: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, while burstiness examines the diversity in sentence structures. Lastly, predictability measures the likelihood of predicting the subsequent sentence. Human writers often infuse their work with greater burstiness, combining lengthy, intricate sentences with concise ones. In contrast, AI-generated sentences tend to exhibit uniformity. Thus, for the forthcoming content you are tasked with crafting, it is imperative to infuse it with ample perplexity and burstiness while minimizing predictability. Furthermore, the text must be presented in English exclusively. Now, let’s reimagine the following passage: With the integration of Transak into CoinDCX’s Okto wallet, the number of supported jurisdictions has surged from a mere 60 to a staggering 150 and beyond. CoinDCX, a pr...