
India's largest crypto exchange to absorb $16M loss tied to retired wallet
The Mumbai-based exchange initially called reports of suspicious outflows a false alarm, then disclosed a $16 million loss from an internal process failure.
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Original coverage across the crypto market, updated daily.

The Mumbai-based exchange initially called reports of suspicious outflows a false alarm, then disclosed a $16 million loss from an internal process failure.
The exchange added $20 million in USDC to its user-protection reserve and disclosed a new blockchain address for tracking it.
German savings bank customers will be able to trade five digital assets inside their existing banking apps via DekaBank.

Binance's mining pool will stop operations at 07:00 UTC on November 10, with final payouts subject to eligibility and historical pages closing two weeks later.

BingX's European entity has secured a MiCA authorisation from Austria's financial regulator, opening the way to serve customers across 29 EEA countries.

The exchange's European entity, MEGE zweite GmbH, has been authorised under MiCA by Austria's Financial Market Authority, allowing services across the 29-country EEA.

The exchange, which has more than 18 million customers, is reportedly facing central bank action over transactions involving restricted offshore gaming firms.

An October 2 court order dismissed a shareholder action tied to Coinbase's Texas move, holding that a written board demand was required.

Payward's connection to SGB Net enables 24/7 US-dollar funding in eligible jurisdictions, with customer-trade pricing planned for the coming months.

OKXICE, formed by OKX and NYSE parent ICE, has filed to launch round-the-clock tokenized U.S. equities under the SEC's new innovation exemption.
The federally chartered crypto bank's CEO told staff about the cuts this week, according to The Information, tying them to a prolonged market slump.
Regulators are questioning how Binance keeps serving European customers without a local license, while the exchange says it follows EU rules.

Reuters reports the prediction market is negotiating a round that would value it at $40 billion, up from $22 billion four months ago.

The brokerage says customers will soon be able to let an AI agent place trades around the clock and trade leveraged crypto perpetual futures.

Citi is tapping Coinbase infrastructure for stablecoin settlement, while Coinbase Virtual Accounts gain automatic fiat conversion through the bank.
WOO X has gone live with WOO X EU, a trading platform built for Europe's MiCA regime, backed by a collaboration with Payward Services.

The exchange now says about $387.5 million in assets moved to attacker-controlled wallets, up from an earlier $351.6 million figure, with withdrawals resuming in stages from September 28.

Kraken parent Payward is consolidating trading, payments, asset management and institutional services onto shared infrastructure, co-CEO Arjun Sethi said.

A Sept. 24 policy update lets former BitMEX users who were blocked from the platform complete identity checks and withdraw funds, with asset minimums and sanctions rules still applying.

Prediction market Kalshi said the CFTC has not reached out about roughly $5 billion in Ether perpetual trades it attributes to liquidity incentives, denying wash trading.

Crypto.com's chief executive said OG.com can offer US users single-stock perpetual futures, a claim not accompanied by an SEC statement or product terms.

Deribit shifted most client funds to Coinbase and ended its daily Merkle proof-of-reserves check on Sept. 1.

Exchange prepares to list tokenized security backed by $1.6B nickel stockpile.

Binance bStocks grows to second-largest tokenized stock issuer; BitMart internal feud surfaces before closure.