Binance Square

exchange

1.6M views
1,142 Discussing
CryptooMagnet
--
🏦↔️🪪 Exchange vs Wallet — practical choices Use the right tool at the right time. Custody: Exchange = custodial; Wallet = you hold keys/seed. PoR: Useful, but not proof of liabilities. Pathway: Start small on exchange → validate process/security → migrate longer-term storage to your wallet. Security pairing: Exchange MFA/TOTP + strong passwords and wallet seed backups + recovery test. 📰 New War Log article on cryptoslug.pt — no links here, search it on the blog. #crypto #wallets #exchange #RiskManagementMastery Tagline: More on cryptoslug.pt — Gunbot strategies, automation & discipline.
🏦↔️🪪 Exchange vs Wallet — practical choices

Use the right tool at the right time.

Custody: Exchange = custodial; Wallet = you hold keys/seed.

PoR: Useful, but not proof of liabilities.

Pathway: Start small on exchange → validate process/security → migrate longer-term storage to your wallet.

Security pairing: Exchange MFA/TOTP + strong passwords and wallet seed backups + recovery test.


📰 New War Log article on cryptoslug.pt — no links here, search it on the blog.


#crypto #wallets #exchange #RiskManagementMastery

Tagline: More on cryptoslug.pt — Gunbot strategies, automation & discipline.
See original
@Zcash $ZEC ⚙️ Main Function 🔒 Privacy Transaction: Hiding transaction data with advanced encryption. 💱 Medium of Exchange: Used for fast, secure, and anonymous payments. 🌐 Blockchain Security: Maintaining decentralization without sacrificing user privacy. 💎 Benefits: ✅ Protecting users' identities and financial data. ✅ Providing freedom in global transactions without limits. ✅ Serving as a foundation for privacy coin innovation in the Web3 ecosystem. #Zcash #Web3 #ZEC #Exchange {future}(ZECUSDT)
@Zcash Official
$ZEC
⚙️ Main Function

🔒 Privacy Transaction: Hiding transaction data with advanced encryption.

💱 Medium of Exchange: Used for fast, secure, and anonymous payments.

🌐 Blockchain Security: Maintaining decentralization without sacrificing user privacy.

💎 Benefits:

✅ Protecting users' identities and financial data.

✅ Providing freedom in global transactions without limits.

✅ Serving as a foundation for privacy coin innovation in the Web3 ecosystem.
#Zcash #Web3 #ZEC #Exchange
🌖 Binance Executes Latest Monthly $LUNC Burn Binance has completed another scheduled burn, sending millions of $LUNC tokens to the burn address as part of its monthly commitment. The #exchange has now burned nearly half a billion tokens this month alone. While the total burn amount remains small compared to total supply, #Binance ’s ongoing participation reinforces trust among traders. The community is pushing for more centralized exchanges to follow Binance’s example. This continues to be a driving force behind #LUNC ’s deflation narrative. {spot}(LUNCUSDT) #FranceBTCReserveBill @wisegbevecryptonews9
🌖 Binance Executes Latest Monthly $LUNC Burn

Binance has completed another scheduled burn, sending millions of $LUNC tokens to the burn address as part of its monthly commitment. The #exchange has now burned nearly half a billion tokens this month alone. While the total burn amount remains small compared to total supply, #Binance ’s ongoing participation reinforces trust among traders. The community is pushing for more centralized exchanges to follow Binance’s example. This continues to be a driving force behind #LUNC ’s deflation narrative.
#FranceBTCReserveBill @WISE PUMPS
See original
🔥ATTENTION🔥 🧨 #RipplePrime launches its INSTITUTIONAL OTC exchange platform in the U.S. to transact the LARGE #cryptocurrencies and #Stablecoins "like $XRP and $RLUSD " 📍OTC refers to the sale of assets, in this case #cripto , directly between two parties without the involvement of #exchange #MarketPullback $SOL $BNB
🔥ATTENTION🔥

🧨 #RipplePrime launches its INSTITUTIONAL OTC exchange platform in the U.S. to transact the LARGE #cryptocurrencies and #Stablecoins "like $XRP and $RLUSD "

📍OTC refers to the sale of assets, in this case #cripto , directly between two parties without the involvement of #exchange #MarketPullback $SOL $BNB
See original
🤨 MEXC on the brink — or yet another FUD? 😱 In X, a frenzy has begun: users claim that the MEXC exchange may be insolvent and is about to freeze withdrawals. 😐 The feed already has hundreds of posts urging, 'Urgently withdraw your money!'. Some show screenshots with restrictions: 'Possible temporary suspension of asset withdrawals due to increased user activity'. 📉 CryptoQuant reports: investors are massively withdrawing liquidity, and withdrawal volumes are rising — almost like during the FTX collapse in 2022. Panic is turning into real outflows, and the exchange is still silent. 🕵️‍♂️ Meanwhile, ZachXBT is fueling the topic of a 'shadow owner' named Tony, who allegedly runs the platform from the shadows and lobbies dubious schemes through shell entities. 💣 While all this may just be another FUD, if MEXC is indeed falling — we are in for the loudest collapse since FTX. #MEXC #CryptoNews #exchange #FUD
🤨 MEXC on the brink — or yet another FUD?

😱 In X, a frenzy has begun: users claim that the MEXC exchange may be insolvent and is about to freeze withdrawals.

😐 The feed already has hundreds of posts urging, 'Urgently withdraw your money!'. Some show screenshots with restrictions:

'Possible temporary suspension of asset withdrawals due to increased user activity'.

📉 CryptoQuant reports: investors are massively withdrawing liquidity, and withdrawal volumes are rising — almost like during the FTX collapse in 2022. Panic is turning into real outflows, and the exchange is still silent.

🕵️‍♂️ Meanwhile, ZachXBT is fueling the topic of a 'shadow owner' named Tony, who allegedly runs the platform from the shadows and lobbies dubious schemes through shell entities.

💣 While all this may just be another FUD, if MEXC is indeed falling — we are in for the loudest collapse since FTX.

#MEXC #CryptoNews #exchange #FUD
US and China Forge Preliminary Trade Deal Framework ​A significant step has been taken to de-escalate the trade war between the United States and China. The two nations have successfully agreed on the framework of a potential trade deal that will be finalized when their respective leaders meet later this week. ​The agreement addresses several critical points: ​A final resolution is included regarding the controversial US operations of social media platform. ​China has agreed to defer the implementation of its recently tightened controls on rare earth minerals. ​The US will likely avoid imposing the threatened 100% tariff on Chinese goods. ​In return, China will commit to resuming substantial purchases of US soybeans. ​This preliminary deal marks a major effort by both of the world's largest economies to prevent further escalation in their ongoing trade tensions. Yes, a framework for a trade deal between the US and China is highly likely to affect the trade market. Supply Chain Stability: The deferral of China's rare earth mineral controls is seen as stabilizing for key global manufacturing industries, especially in technology and electric vehicles, which rely on those materials. This provides a temporary relief from major supply chain uncertainty. Boost to Global Stock Markets: Reducing the threat of escalating tariffs (like the potential 100% tariff being avoided) usually increases investor confidence and risk appetite, leading to gains in stock markets globally. Commodity Price Impact: Agricultural Goods (Soybeans): The commitment by China to resume substantial purchases of US soybeans typically causes the prices of those commodities to rise. #MarketRebound #PowellRemarks #BitcoinETFNetInflows #MarketSentimentToday #exchange

US and China Forge Preliminary Trade Deal Framework
​A significant step has been taken to de-escalate the trade war between the United States and China. The two nations have successfully agreed on the framework of a potential trade deal that will be finalized when their respective leaders meet later this week.
​The agreement addresses several critical points:
​A final resolution is included regarding the controversial US operations of social media platform.
​China has agreed to defer the implementation of its recently tightened controls on rare earth minerals.
​The US will likely avoid imposing the threatened 100% tariff on Chinese goods.
​In return, China will commit to resuming substantial purchases of US soybeans.
​This preliminary deal marks a major effort by both of the world's largest economies to prevent further escalation in their ongoing trade tensions.

Yes, a framework for a trade deal between the US and China is highly likely to affect the trade market.
Supply Chain Stability: The deferral of China's rare earth mineral controls is seen as stabilizing for key global manufacturing industries, especially in technology and electric vehicles, which rely on those materials. This provides a temporary relief from major supply chain uncertainty.
Boost to Global Stock Markets: Reducing the threat of escalating tariffs (like the potential 100% tariff being avoided) usually increases investor confidence and risk appetite, leading to gains in stock markets globally.
Commodity Price Impact:
Agricultural Goods (Soybeans): The commitment by China to resume substantial purchases of US soybeans typically causes the prices of those commodities to rise.
#MarketRebound #PowellRemarks #BitcoinETFNetInflows #MarketSentimentToday #exchange
That last crash was tough. I watched my balance drop and felt completely helpless. Then I saw Binance announce the 400 million Together Initiative to help users who got liquidated, and it honestly gave me some relief. Later I read about the Bitunix Care Fund of 30 million USDC that protects users during unexpected events. It reminded me that there are still platforms out here trying to look out for us. 2. When the market fell, I felt abandoned. Most platforms stayed silent. Binance coming forward with a 400 million Together Initiative to help users recover felt different. Bitunix doing the same with its 30 million USDC Care Fund proved that not every exchange forgets its community. It made me respect the ones that actually stand up when times are bad. #MarketRebound #exchange

That last crash was tough. I watched my balance drop and felt completely helpless. Then I saw Binance announce the 400 million Together Initiative to help users who got liquidated, and it honestly gave me some relief. Later I read about the Bitunix Care Fund of 30 million USDC that protects users during unexpected events. It reminded me that there are still platforms out here trying to look out for us.

2. When the market fell, I felt abandoned. Most platforms stayed silent. Binance coming forward with a 400 million Together Initiative to help users recover felt different. Bitunix doing the same with its 30 million USDC Care Fund proved that not every exchange forgets its community. It made me respect the ones that actually stand up when times are bad.
#MarketRebound #exchange
See original
Crypto.com submitted an application for a national trust banking license to the Office of the Comptroller of the Currency, the company announced this Friday. The cryptocurrency exchange, founded in 2016, seeks to expand its custody services business for products that include digital asset treasuries and exchange-traded funds. #bitcoin #exchange
Crypto.com submitted an application for a national trust banking license to the Office of the Comptroller of the Currency, the company announced this Friday.

The cryptocurrency exchange, founded in 2016, seeks to expand its custody services business for products that include digital asset treasuries and exchange-traded funds.

#bitcoin #exchange
--
Bullish
Binance Spot Listing Boosts $GIGGLE Activity as Whales Accumulate Amid Price Gains The Giggle Fund $GIGGLE token experienced a 100% price surge in 24 hours foll... #EXCHANGE #TRADING #bnb #giggle
Binance Spot Listing Boosts $GIGGLE Activity as Whales Accumulate Amid Price Gains

The Giggle Fund $GIGGLE token experienced a 100% price surge in 24 hours foll...

#EXCHANGE #TRADING #bnb #giggle
Top 25 Countries With the Largest Foreign Exchange Reserves in 2025 In a world driven by global trade and digital finance, foreign exchange reserves remain a key indicator of a nation’s economic power and stability. These reserves — usually held in major currencies like the U.S. dollar, euro, yen, and yuan — allow countries to stabilize their economies, protect their currencies, and respond to global financial shocks. Let’s look at the world’s top reserve holders and how they’re shaping the financial landscape of 2025. 🇨🇳 China China remains the global leader with around $3.46 trillion in reserves. This massive cushion reflects decades of trade surpluses and a policy of tight capital controls. Over $730 billion of these reserves are invested in U.S. Treasury bonds, making China both a key global creditor and a strategic financial force. These funds help Beijing stabilize the yuan and fund global initiatives like the Belt and Road. 🇯🇵 Japan Japan holds the second-largest reserve stockpile — about $1.23 trillion. With exports of cars, electronics, and precision machinery driving its surplus, Japan’s Ministry of Finance maintains these reserves to shield the yen from excessive volatility and ensure liquidity in global markets. 🇺🇸 United States The U.S. sits in third place with approximately $910 billion in reserves. However, unlike others, America doesn’t need massive reserves since the U.S. dollar is the world’s dominant reserve currency. Its treasury bonds serve as the global benchmark for safety, giving the U.S. unparalleled leverage in international finance. 🇨🇭 Switzerland Switzerland holds roughly $909 billion in reserves. Known as a safe haven during market turmoil, the Swiss National Bank often intervenes to prevent the franc from rising too sharply. These interventions have built one of the world’s largest reserve portfolios relative to GDP. 🇮🇳 India India’s reserves have grown to $643 billion, reflecting steady growth and prudent management. These reserves protect the rupee from volatility, ensure import stability, and serve as a key economic defense line. Covering nearly a year’s worth of imports, India’s reserves are a sign of strong macroeconomic resilience. 🇷🇺 Russia Despite sanctions and restricted access to Western finance, Russia holds around $597 billion in reserves. By diversifying away from the dollar and euro into gold and yuan, Russia aims to build a sanction-resistant economy. Gold now plays a major role in its reserve strategy. 🇸🇦 Saudi Arabia With $463 billion in reserves, Saudi Arabia’s wealth is built on oil exports. The reserves help stabilize the riyal and fund national transformation projects under Vision 2030. Oil price fluctuations remain a key factor in the kingdom’s reserve strength. 🇭🇰 Hong Kong Hong Kong has around $425 billion in reserves, which underpin its currency peg to the U.S. dollar. The Hong Kong Monetary Authority uses these reserves to maintain market confidence and financial stability — crucial for one of Asia’s largest financial hubs. 🇰🇷 South Korea At $418 billion, South Korea’s reserves are backed by its export-led industries, especially semiconductors and automobiles. These reserves enable the Bank of Korea to defend the won and ensure external stability during market turbulence. 🇸🇬 Singapore Singapore, with $384 billion in reserves, stands out for its efficiency and foresight. The Monetary Authority of Singapore maintains a managed-float system, using reserves to smooth exchange rate movements in one of the world’s most open economic 🌐 Emerging Trends The global picture shows a slow but steady shift toward multipolar reserve holdings. While the dollar remains dominant, nations are increasingly adding euros, yen, and yuan to their portfolios. The rise of gold, digital assets, and sovereign wealth funds also reflects a diversification trend aimed at reducing exposure to geopolitical risks. As the financial order evolves, foreign exchange reserves are no longer just a safety net — they’re a strategic tool in the competition for global influence.

Top 25 Countries With the Largest Foreign Exchange Reserves in 2025


In a world driven by global trade and digital finance, foreign exchange reserves remain a key indicator of a nation’s economic power and stability. These reserves — usually held in major currencies like the U.S. dollar, euro, yen, and yuan — allow countries to stabilize their economies, protect their currencies, and respond to global financial shocks.

Let’s look at the world’s top reserve holders and how they’re shaping the financial landscape of 2025.

🇨🇳 China

China remains the global leader with around $3.46 trillion in reserves. This massive cushion reflects decades of trade surpluses and a policy of tight capital controls. Over $730 billion of these reserves are invested in U.S. Treasury bonds, making China both a key global creditor and a strategic financial force. These funds help Beijing stabilize the yuan and fund global initiatives like the Belt and Road.

🇯🇵 Japan

Japan holds the second-largest reserve stockpile — about $1.23 trillion. With exports of cars, electronics, and precision machinery driving its surplus, Japan’s Ministry of Finance maintains these reserves to shield the yen from excessive volatility and ensure liquidity in global markets.

🇺🇸 United States

The U.S. sits in third place with approximately $910 billion in reserves. However, unlike others, America doesn’t need massive reserves since the U.S. dollar is the world’s dominant reserve currency. Its treasury bonds serve as the global benchmark for safety, giving the U.S. unparalleled leverage in international finance.

🇨🇭 Switzerland

Switzerland holds roughly $909 billion in reserves. Known as a safe haven during market turmoil, the Swiss National Bank often intervenes to prevent the franc from rising too sharply. These interventions have built one of the world’s largest reserve portfolios relative to GDP.

🇮🇳 India

India’s reserves have grown to $643 billion, reflecting steady growth and prudent management. These reserves protect the rupee from volatility, ensure import stability, and serve as a key economic defense line. Covering nearly a year’s worth of imports, India’s reserves are a sign of strong macroeconomic resilience.

🇷🇺 Russia

Despite sanctions and restricted access to Western finance, Russia holds around $597 billion in reserves. By diversifying away from the dollar and euro into gold and yuan, Russia aims to build a sanction-resistant economy. Gold now plays a major role in its reserve strategy.

🇸🇦 Saudi Arabia

With $463 billion in reserves, Saudi Arabia’s wealth is built on oil exports. The reserves help stabilize the riyal and fund national transformation projects under Vision 2030. Oil price fluctuations remain a key factor in the kingdom’s reserve strength.

🇭🇰 Hong Kong

Hong Kong has around $425 billion in reserves, which underpin its currency peg to the U.S. dollar. The Hong Kong Monetary Authority uses these reserves to maintain market confidence and financial stability — crucial for one of Asia’s largest financial hubs.

🇰🇷 South Korea

At $418 billion, South Korea’s reserves are backed by its export-led industries, especially semiconductors and automobiles. These reserves enable the Bank of Korea to defend the won and ensure external stability during market turbulence.

🇸🇬 Singapore

Singapore, with $384 billion in reserves, stands out for its efficiency and foresight. The Monetary Authority of Singapore maintains a managed-float system, using reserves to smooth exchange rate movements in one of the world’s most open economic
🌐 Emerging Trends

The global picture shows a slow but steady shift toward multipolar reserve holdings. While the dollar remains dominant, nations are increasingly adding euros, yen, and yuan to their portfolios. The rise of gold, digital assets, and sovereign wealth funds also reflects a diversification trend aimed at reducing exposure to geopolitical risks.

As the financial order evolves, foreign exchange reserves are no longer just a safety net — they’re a strategic tool in the competition for global influence.
Mohammad yar khan
--
binance users information
Country wise information

🌍 Top 25 Countries With the Largest Foreign Exchange Reserves in 2025
Foreign exchange reserves reflect a nation’s financial strength and its ability to respond to economic shocks. In 2025, the global landscape continues to be dominated by Asian powerhouses 🇨🇳 China and 🇯🇵 Japan, together holding around $4.7 trillion — a massive share of the world’s reserves.
While the 🇺🇸 U.S. dollar remains the world’s primary reserve currency, more countries are diversifying into euros, yen, and yuan, signaling a slow shift toward a multi-currency global financial system.
Below is a detailed look at the Top 25 nations with the largest reserves — and what drives their financial resilience.
---
🇨🇳 China – $3.46 Trillion
China remains the global leader in foreign exchange reserves. Decades of trade surpluses and strict capital controls have enabled Beijing to build a massive financial cushion.
Over $730 billion of these reserves are held in U.S. Treasury securities, making China one of America’s largest creditors.
These reserves empower China to:
Stabilize its currency (the yuan),
Manage trade negotiations, and
Finance projects like the Belt and Road Initiative.
---
🇯🇵 Japan – $1.23 Trillion
Japan ranks second, backed by its strong export industries — from automobiles to semiconductors.
The Bank of Japan and the Ministry of Finance manage these reserves to stabilize the yen and protect Japan’s trade competitiveness.
---
🇺🇸 United States – $910 Billion
Despite ranking third, the U.S. doesn’t rely heavily on reserves.
The U.S. dollar is the world’s dominant reserve currency, giving America a unique position where other countries hold dollars, but the U.S. doesn’t need to stockpile foreign currencies at the same scale.
---
🇨🇭 Switzerland – $909 Billion
Switzerland’s safe-haven status attracts massive inflows during global uncertainty.
The Swiss National Bank (SNB) intervenes frequently to prevent the franc from becoming too strong — leading to large foreign currency holdings over time.
---
🇮🇳 India – $643 Billion
India’s reserves have steadily grown, now covering 11 months of imports.
These reserves protect the rupee, support the economy during oil price swings, and ensure liquidity during global financial stress.
---
🇷🇺 Russia – $597 Billion
Despite sanctions and frozen assets, Russia continues to strengthen its reserves — now heavily weighted toward gold and Chinese yuan.
This strategy helps Russia reduce dependence on Western financial systems.
---
🇸🇦 Saudi Arabia – $463 Billion
Fueled by oil exports, Saudi reserves help maintain the riyal’s stability and support Vision 2030, the country’s long-term diversification plan.
---
🇭🇰 Hong Kong – $425 Billion
Hong Kong maintains one of the world’s largest reserves relative to its size.
The HKMA holds vast reserves to defend the Hong Kong dollar’s peg to the U.S. dollar — ensuring investor confidence.
---
🇰🇷 South Korea – $418 Billion
Korea’s strong export economy (semiconductors, automobiles, electronics) supports large reserves used to stabilize the won and ensure external payment capacity.
---
🇸🇬 Singapore – $384 Billion
A small but powerful financial hub, Singapore maintains large reserves to manage its managed-float currency system and protect its trade-dependent economy from global volatility.
---
🌎 Expanding the Global List (Ranks 11–25)
🇹🇼 Taiwan – $568 Billion
Tech exports — especially semiconductors — make Taiwan a major reserve holder, ensuring economic stability amid regional tensions.
🇧🇷 Brazil – $365 Billion
As Latin America’s largest economy, Brazil’s reserves help manage commodity cycles and stabilize the real.
🇩🇪 Germany – $298 Billion
Europe’s export engine holds significant reserves for eurozone stability and global financial confidence.
🇹🇭 Thailand – $246 Billion
Tourism and exports power Thailand’s reserves, helping protect the baht during volatile capital movements.
🇫🇷 France – $238 Billion
France’s mix of gold and euro assets supports EU liquidity and international commitments.
🇬🇧 United Kingdom – $228 Billion
London’s global financial role requires the Bank of England to hold ample reserves to maintain sterling confidence.
🇮🇹 Italy – $217 Billion
Italy’s holdings back the eurozone’s third-largest economy, serving as a protective buffer for fiscal and monetary policy.
🇮🇩 Indonesia – $145 Billion
Driven by coal, palm oil, and nickel exports, Indonesia’s reserves stabilize the rupiah and support external debt repayment.
🇲🇽 Mexico – $220 Billion
Mexico’s oil and manufacturing exports support its reserves, vital for peso stability amid trade volatility.
🇮🇱 Israel – $215 Billion
Strong tech exports and conservative financial management have helped Israel build robust reserves to defend the shekel.
🇹🇷 Turkey – $142 Billion
Used mainly to stabilize the lira, Turkey’s reserves are under pressure due to frequent market interventions.
🇦🇪 United Arab Emirates – $170 Billion
Oil wealth and diversification (real estate, aviation, tourism) help the UAE maintain the dirham’s dollar peg.
🇨🇦 Canada – $110 Billion
A stable economy and trusted credit rating mean Canada doesn’t need massive reserves — but they still serve as a liquidity shield.
🇶🇦 Qatar – $105 Billion
Gas exports fund Qatar’s strong reserve base, helping maintain the riyal’s peg and support global investments.
🇵🇱 Poland – $85 Billion
The National Bank of Poland uses its reserves to defend the zloty and ensure market confidence.
---
💬 Final Thoughts
The dominance of China and Japan highlights Asia’s growing financial influence.
At the same time, countries across Europe, the Middle East, and Latin America are diversifying their reserve portfolios — not just in dollars, but also in euros, yen, and yuan.
This gradual shift signals a more balanced global financial system, where power and liquidity are distributed across several strong currencies rather than just one.,#########
---
See original
🐶 Here are the years when Shiba Inu could reach $0.00009, $0.0004, and $0.002Against the backdrop of ambitious price forecasts for Shiba Inu, some organizations provided hypothetical timelines for the dog-themed token to achieve some of these bold goals. Shiba Inu has become the subject of many ambitious price forecasts amid recent encouraging price movements. For reference, $SHIB

🐶 Here are the years when Shiba Inu could reach $0.00009, $0.0004, and $0.002

Against the backdrop of ambitious price forecasts for Shiba Inu, some organizations provided hypothetical timelines for the dog-themed token to achieve some of these bold goals.
Shiba Inu has become the subject of many ambitious price forecasts amid recent encouraging price movements. For reference, $SHIB
🚨🚨📌 WazirX Emergency Update ‼️⚠️🚨 WazirX Hack: Lessons Learned and Crypto Regulation Impact *Breaking News:* WazirX, one of India's top exchanges, has been hacked, resulting in a loss of $230M+ *Impact on Crypto Regulation:* - Stricter regulations expected in India - Clampdown on crypto industry may affect Indian traders *Lessons Learned:* 1️⃣ *No exchange is completely safe*: Avoid keeping long-term funds on exchanges, no matter how big they are. 2️⃣ *FIU compliance doesn't guarantee security*: Even with compliance, exchanges can still be vulnerable to hacks. 3️⃣ *Indian exchanges lag behind foreign exchanges*: In terms of security, liquidity, and trust, Indian exchanges still have a long way to catch up. *Current Status:* Withdrawals suspended on WazirX. Hoping the team finds a solution to return customers' funds. 🔔 Stay informed with Kaleem's Crypto Mehfil ! KCM: Connecting Crypto Minds, Har Roz! 🔗 ✅ Like 👍 | Comment 💬 | Retweet 🔁 | Follow me for more updates! 👉 @KaleemsCryptoMehfil-KCM Let's keep the conversation going! 💬 #KaleemsCryptoMehfilKCM #wazirX #exchange #HackerNews #BinanceTournament $WRX
🚨🚨📌 WazirX Emergency Update ‼️⚠️🚨

WazirX Hack: Lessons Learned and Crypto Regulation Impact

*Breaking News:* WazirX, one of India's top exchanges, has been hacked, resulting in a loss of $230M+

*Impact on Crypto Regulation:*

- Stricter regulations expected in India
- Clampdown on crypto industry may affect Indian traders

*Lessons Learned:*

1️⃣ *No exchange is completely safe*: Avoid keeping long-term funds on exchanges, no matter how big they are.

2️⃣ *FIU compliance doesn't guarantee security*: Even with compliance, exchanges can still be vulnerable to hacks.

3️⃣ *Indian exchanges lag behind foreign exchanges*: In terms of security, liquidity, and trust, Indian exchanges still have a long way to catch up.

*Current Status:* Withdrawals suspended on WazirX. Hoping the team finds a solution to return customers' funds.

🔔 Stay informed with Kaleem's Crypto Mehfil !
KCM: Connecting Crypto Minds, Har Roz! 🔗

✅ Like 👍 | Comment 💬 | Retweet 🔁 |

Follow me for more updates! 👉 @Kaleem Crypto Mehfil KCM

Let's keep the conversation going! 💬

#KaleemsCryptoMehfilKCM #wazirX #exchange #HackerNews #BinanceTournament $WRX
🚨 #BingX Exchange Hacked: $43M Lost! 🥷On September 20, hackers breached the hot wallet of crypto #exchange BingX, leading to potential losses exceeding $43 million. 🕵️‍♂️ Analysts from PeckShield report that the majority of stolen funds were drained from Ethereum and #BNBChain⚡️ networks, impacting others like Arbitrum, Polygon, and Avalanche. 👀 In total, the attackers stole 5,300 $ETH , 4,100 $BNB , and 1.65 million MATIC. Withdrawals have been halted, and users are urged to revoke approvals for active smart contracts to prevent further losses. BingX reassures users that most assets are stored in cold wallets, with only a minimal amount in hot wallets. The exchange plans to resume withdrawals within 24 hours and is developing a compensation strategy for affected users.🤔 #DODOEmpowersMemeIssuance #CATIonBinance {spot}(BNBUSDT) {spot}(ETHUSDT)
🚨 #BingX Exchange Hacked: $43M Lost!

🥷On September 20, hackers breached the hot wallet of crypto #exchange BingX, leading to potential losses exceeding $43 million.

🕵️‍♂️ Analysts from PeckShield report that the majority of stolen funds were drained from Ethereum and #BNBChain⚡️ networks, impacting others like Arbitrum, Polygon, and Avalanche.

👀 In total, the attackers stole 5,300 $ETH , 4,100 $BNB , and 1.65 million MATIC. Withdrawals have been halted, and users are urged to revoke approvals for active smart contracts to prevent further losses.

BingX reassures users that most assets are stored in cold wallets, with only a minimal amount in hot wallets. The exchange plans to resume withdrawals within 24 hours and is developing a compensation strategy for affected users.🤔
#DODOEmpowersMemeIssuance #CATIonBinance
See original
What are common scams in the cryptocurrency P2P market? Find out how to avoid them!The cryptocurrency market has grown rapidly, and with it, the popularity of peer-to-peer (P2P) trading. This method allows you to exchange cryptocurrencies directly without intermediaries, offering lower fees and greater control. However, it also presents significant risks. What is Peer-to-Peer (P2P)? P2P trading involves the direct exchange of digital currencies without an intermediary. P2P marketplaces facilitate these direct transactions, allowing users to set prices, choose partners, and decide when to transact.

What are common scams in the cryptocurrency P2P market? Find out how to avoid them!

The cryptocurrency market has grown rapidly, and with it, the popularity of peer-to-peer (P2P) trading.
This method allows you to exchange cryptocurrencies directly without intermediaries, offering lower fees and greater control. However, it also presents significant risks.
What is Peer-to-Peer (P2P)?
P2P trading involves the direct exchange of digital currencies without an intermediary. P2P marketplaces facilitate these direct transactions, allowing users to set prices, choose partners, and decide when to transact.
--
Bullish
See original
Waiting for Zona to enter the market... BTC is low to continue accumulating price and go for those 40k this week. #BTC #USDT #exchange #trading 4829298863#FXPRO#tradelikeaproaf#takers#holding.
Waiting for Zona to enter the market... BTC is low to continue accumulating price and go for those 40k this week.
#BTC #USDT #exchange #trading 4829298863#FXPRO#tradelikeaproaf#takers#holding.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number