Exchange Risk

According to a Reuters investigation published Friday, May 2, Nobitex, Iran's dominant crypto exchange with roughly 11 million users, was founded by brothers Ali and Mohammad Kharrazi, members of a family related by marriage to all three of Iran's supreme leaders. The brothers registered the company

According to a Reuters investigation published Friday, Nobitex, Iran's dominant crypto exchange with roughly 11 million users, was founded by brothers Ali and Mohammad Kharrazi, members of a family with close ties to Iran's supreme leaders. The brothers registered the company in 2018 under an altern

According to ChainCatcher, Purrlend suffered a security breach on HyperEVM and MegaETH on May 3, losing approximately $1.52 million. Attackers compromised the team's 2/3 multisig wallet and granted themselves the BRIDGE_ROLE permission, using it to mint unbacked pUSDm and pUSDC tokens that were

According to a Reuters investigation published Friday, Nobitex, Iran's dominant crypto exchange, was founded by brothers Ali and Mohammad Kharrazi from an elite political family connected by marriage to all three supreme leaders of the Islamic Republic. The exchange claims roughly 11 million users a

According to SolanaFloor, an MEV robot exploited a vulnerability in Meteora's ANB pool to convert $0.22 USDC into $696,000 USDC in a single transaction. The ANB token fell 99% following the attack.

According to Carrot's announcement on April 30, the Solana-based DeFi yield protocol is permanently shutting down, becoming the first platform to close as a direct result of the $285 million Drift Protocol exploit in early April. The Carrot team stated in an X post that the Drift hack was

According to an official announcement, Tapp Exchange will cease operations, with users required to withdraw assets by May 31, 2026. The protocol will remain fully operational until that date. After May 31, the front-end interface will be taken offline, and users can only withdraw funds by interactin

By last week, Eric Trump was no longer shown on the leadership page of Alt5 Sigma Corp. (now AI Financial, NASDAQ: ALTS), the Las Vegas-based company tied to World Liberty Financial Inc., the Trump family's crypto venture. His name had appeared on the company's website as recently as March, when he

According to TRM Labs, North Korean hackers stole approximately $577 million in cryptocurrency during the first four months of 2026, accounting for roughly 76% of all global cryptocurrency losses year-to-date. The figure highlights a strategic shift by elite units such as the Lazarus Group toward hi

According to a Global Ledger investigation published in April 2026, Grinex, a sanctioned cryptocurrency exchange operating out of Kyrgyzstan, was drained of approximately $13.7 million and immediately suspended operations. Grinex had emerged in March 2025 as an apparent successor to Garantex, a

According to Gazeta Wyborcza citing Poland's Internal Security Agency (ABW), Zondacrypto, one of Central and Eastern Europe's largest crypto exchanges, halted withdrawals this month after being revealed as controlled by Russia's Tambov crime syndicate since 2018. The platform's reserves reportedly d

According to Yonhap News Agency, South Korean prosecutors on April 30 sought a 20-year prison sentence for Delio CEO Chung Sang-ho over allegations of defrauding approximately 2,800 victims of about 250 billion won ($190 million) in virtual assets. The crypto lending platform suspended withdrawals o

數十名中國公民在金邊柬埔寨國家銀行外抗議，要求解凍匯旺支付帳戶資金，抗議演變為肢體衝突造成傷者。匯旺支付因與跨國詐騙洗錢相關，被柬埔寨央行吊銷執照並大幅凍結帳戶。中國指控前董事長李雄為詐團核心，與太子集團相關，相關打擊行動同時顯露合法用戶面臨的資金風險與長時間法令程序。

According to an FTC filing on Tuesday (April 28), the Federal Trade Commission entered a $4.7 billion judgment against former Celsius CEO Alex Mashinsky, with most of the amount suspended. Mashinsky is required to pay $10 million unless he failed to disclose material assets or made misstatements

According to Bitcoin.pl, customer data from failed Polish exchange Zondacrypto has been offered for sale on the darknet, with two packages available. The smaller package, containing email addresses and basic identification data, is priced at approximately 550 euros, while the larger set—including

According to ChainCatcher, Celsius founder Alex Mashinsky agreed to settle with the U.S. Federal Trade Commission (FTC) on April 29, paying $10 million and facing a permanent ban on promoting, marketing, or distributing any products or services related to asset deposits, exchanges, investments, or w

According to CertiK, Syndicate's Commons bridge—the Ethereum infrastructure platform's official cross-chain bridge—suffered an exploit on Wednesday (April 29), resulting in at least $330,000 in losses. The attacker acquired approximately 18.5 million SYND tokens and sold them for about $330,000, whi

Gate News message, April 29 — Forbes published a critical report on American Bitcoin, the company led by Eric Trump, alleging it functions as an arbitrage tool exploiting MAGA investor sentiment rather than a legitimate "money printing machine" as promoted. According to Forbes, the company uses

Gate News message, April 29 — Bitcoin lending protocol Tropykus announced a phased shutdown of its current version, with deposit and borrowing functions to be permanently discontinued. Users can withdraw funds and repay loans until July 27, 2026, after which interactions will only be supported