Exchange Risk

According to announcements published on X on Monday, Bitcoin Ordinals browser Ord.io and its associated trading app Zap will shut down on June 1. Creator Leonidas King cited financial constraints as the reason, writing "In the end we ran out of money and don't see a path forward." Ord.io, which

According to South Korea's ruling Democratic Party lawmaker Kang Min-guk on May 12, 15 virtual asset exchanges that have ceased operations hold approximately 22.1 billion won in customer assets. However, the actual return rate to customers stands at only 0.3%, with just 74.52 million won returned to

According to ChainCatcher, on March 22, Resolv's signing infrastructure was compromised, leading to the malicious issuance of approximately 80 million dollars in unsecured USR tokens. Fluid faced a 21 million dollar loss from its 100 million dollar exposure. The loss distribution was finalized as f

According to Stream Finance's official statement on X, the trading protocol is seeking methods to maximize asset value for customers and creditors, with the goal of consolidating, liquidating, and distributing assets swiftly and prudently. The team is considering several strategic alternatives

According to Odaily, trader A (@missoralways) reported that two of their wallets connected to Sigma were drained recently, marking the second wallet compromise within six months. The trader stated they had previously stored seven-figure assets in Sigma without security issues, but both drains

According to a May 11 report by Cryptopolitan, a Revolut spokesperson confirmed that the cryptocurrency mispricing issue that appeared in the app on May 8 has been fixed, and the cause of the malfunction has been attributed to an unnamed third-party pricing services provider. Revolut said that no trades were executed at the wrong prices during the incident, and the company is still investigating the root cause of the event. Incident Timeline and Affected Coins According to Cryptopolitan, the mal

According to Foresight News, Wagyu developer PerpetualCow clarified that XMR1 token holders can withdraw funds through Terminal rather than the legacy cross-chain UI, denying recent Rug Pull allegations. The developer stated that no users have reported withdrawal failures, and the swap interface

According to Pi Network DEX, on May 9, 2026, Pi Network's Core Team removed WorldBanksPi, a top-ranked DApp in the Pi Browser with over 140,000 users, without advance notice or appeal process. The project was identified as a Ponzi-style operation marketing false valuations and deposit-to-earn

On May 9, the Estonian Financial Supervisory Authority (FSA) issued an investor warning regarding BB Trade Estonia OÜ (which operates the Zondacrypto digital asset exchange), stating that Zondacrypto did not publish the whitepaper for the “TeamPL” crypto token on its website, in violation of Article 9(1) of the EU Markets in Crypto-Assets (MiCA) regulatory framework. MiCA Non-Compliance Details and Official FSA Warning from Estonia According to the FSA’s official warning, Zondacrypto did not pub

Revolut, a fintech platform, confirmed on May 8 that there is a technical issue affecting some cryptocurrency functions. According to a statement on X from Revolut’s official support account, engineers are actively investigating the root cause. Previously, the Revolut app charts briefly showed Bitcoin down as low as $0.019916, and some users simultaneously received push notifications saying BTC had hit a 52-week low. After the incident lasted for several seconds, things returned to normal.

According to Polish media Onet Wiadomości, Zondacrypto, a recently collapsed European crypto exchange, has left customers with losses exceeding $100 million. The exchange's CEO Przemysław Kral and the actual operator, a man known as "Maniek," are reportedly hiding in Dubai. Kral had been

According to CoinDesk, some Revolut users saw Bitcoin's price plummet to as low as $0.02 on Friday, May 8, far below the global market level where BTC traded near $79,000. The price displayed a sharp dip on the app's chart before quickly recovering to normal levels. Major exchanges tracked by

According to PANews, LayerZero Labs' default library contract upgrade mechanism poses risks to over $3 billion in LZ OFT on May 8, with $178 million currently exposed to projects still using the default configuration. Security researcher Banteg flagged that the contract lacks time restrictions,

Zondacrypto, an Estonia-registered digital asset trading platform, announced last month that it was on the brink of collapse after attracting $100 million in savings from Polish clients following a major marketing campaign. The company has since stopped servicing client accounts, and state

An anonymous crypto whale identified as "D.B." filed a lawsuit on Monday against Coinbase and an alleged thief over the exchange's refusal to return frozen funds linked to an August 2024 crypto theft, according to a court filing. The plaintiff lost approximately $55 million worth of DAI in the incid