Analyses
Daily News Summary 20/9
September 20, 2024
The German Government Shuts Down 47 Crypto Platforms
The German government shut down 47 crypto platforms, accusing them of knowingly enabling cybercriminals to foster the growth of the “black economy” and deliberately concealing the origins of funds obtained through criminal activities. Among these platforms were several well-established ones with a large user base, including Xchange.cash, which had been operating since 2012, as well as 60cek.org, Baksman.com, and Prostocash.com.
BingX Crypto Broker Hit by Hacker Attack
Security analysts at PeckShield estimated that the Singapore-based BingX crypto broker suffered a loss of $43 million in a recent hacker attack. To prevent further damage, withdrawals were suspended as part of the emergency plan, with plans to resume them within the next 24 hours. A compensation plan has been promised for those affected.
CertiK Plans Two New Products
CertiK, a security firm, is set to invest $45 million through its new risk branch, CertiK Ventures, in a new line of proprietary products. They plan to launch two new free security tools, Token Scan and Wallet Scan, designed to help users protect their assets from malicious tokens and wallet codes.
Jupiter DEX Aggregator Expands
Jupiter, one of the largest decentralized platforms within the Solana ecosystem, has acquired the blockchain explorer SolanaFM to access Solana data through its indexing and explorer tools, thus expanding the platform’s data and infrastructure capabilities. Additionally, they acquired Coinhall, the leading aggregator on the Cosmos network, thereby extending their reach to another ecosystem.
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