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The crypto currency market faces a new multi- million aire criminal event on November 10. On this Friday, more than $117 million was reportedly stolen from Poloniex, a centralized exchange owned by Justin Sun, founder of Tron (TRX). Justin Sun commented on X at 11:42 am UTC about the hack incident: “We are currently investigating the Poloniex hack incident. Poloniex maintains a healthy financial position and will fully reimburse the affected funds. Additionally, we are exploring opportunities for collaboration with other exchanges to facilitate the recovery of these funds.” — Justin Sun (@justinsuntron)  So far, 107 cryptocurrencies have been stolen for amounts superior to $10,000 each, out of the $117.20 million identified by Arkham Intelligence , at the time of publication. Ponoliex hacker address. Source: Arkham Intelligence What cryptocurrencies were stolen by the Poloniex Hacker? Banking JPMorgan implements programmable payments using blockchain tech ...

A suspicious transaction involving $2.7 million was flagged at Remitano. Tether has frozen an address believed to be associated with the attacker. The transaction was flagged by Cyvers Alerts, a platform that offers real-time security alerts. Some suspicious activities have been reported on Remitano, a crypto currency exchange platform headquartered in Seychelles. Notably, the platform witnessed substantial withdrawals on September 14, with a single account draining over $2.7 million worth of crypto currencies from its wallet. Tether has taken action by freezing an address believed to be associated with the attacker, potentially safeguarding $1.4 million in customers’ cryptocurrency assets. What is happening at Remitano? Around 12:45 p.m. on September 14th, a Remitano hot wallet, allegedly only known to the platform, initiated transfers to an address lacking any prior transaction history. This transfer comprised approximately $1.4 million worth of...

In the ever-expanding landscape of cryptocurrency exchanges, peer-to-peer (P2P) platforms have gained significant traction in recent years. They facilitate direct trading between users, eliminating the reliance on intermediaries.  As the popularity of P2P exchanges continues to soar, we examine the top 5 platforms preferred by traders. Among industry leaders, these five crypto exchanges offer broad options, enhancing trader experience. Elbaite Elbaite, a self-custodial cryptocurrency exchange, was designed by a team of crypto traders concerned with the insecurity in mainstream centralized exchanges. Elbaite prioritizes product and user experience and is committed to delivering a trading experience designed around the needs of crypto traders. By enabling users to directly buy and sell cryptocurrencies from their personal crypto wallets, Elbaite ensures a seamless and highly secure trading process that saves users both money and mitigates all of the risks associated with traditional...