Exchange Risk

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

According to Seoul High Court's Administrative Division 4-3, on April 16, the Financial Services Commission (FSC) partially won its appeal against cryptocurrency exchange A's injunction request, with 3 of 4 administrative orders upheld. The exchange stopped operations on November 30, 2020, but

According to The Block, Kelp DAO abandoned LayerZero for Chainlink's Cross-Chain Interoperability Protocol (CCIP) following the $292 million bridge exploit last month. A Chainlink representative confirmed Kelp DAO is the first major protocol to migrate away from LayerZero since the attack. On

According to BlockBeats, Tydro, a lending protocol in the Ink ecosystem, suspended all markets on May 5 following a third-party oracle issue report. The team confirmed user funds remain safe and is actively investigating the

According to BlockBeats, on May 5, the former CEO of Polish cryptocurrency exchange Zondacrypto disappeared in 2022 with private keys to a cold wallet holding 4,500 BTC (currently worth over $340 million). The current CEO admitted the wallet is now inaccessible and has reportedly fled to Israel.

According to official statement reported by ChainCatcher, Bisq protocol was attacked recently, resulting in approximately 11 BTC stolen due to missing validation mechanisms. Attackers exploited a negative miner fee vulnerability to transfer funds via multi-signature transactions. Bisq is

On May 4, 2026, World Liberty Financial filed a defamation lawsuit against Justin Sun, accusing the TRON founder of launching a public campaign against the company after it restricted access to his WLFI tokens. Sun had filed his own lawsuit on April 21, claiming the company unlawfully froze his

Onchain investigator ZachXBT has warned that Polyarb, a site presenting itself as a prediction market platform, is running an active wallet drainer and is gaining reach through prominent crypto accounts replying to its posts. Key Takeaways: ZachXBT warned on May 4, 2026, that Polyarb hosts an act

According to Bisq, the protocol was attacked on May 4 due to missing verification mechanisms, resulting in approximately 11 BTC being stolen, primarily from altcoin trades. The platform is discussing compensation options for affected users, who can choose between Bitcoin or BSQ token reimbursement p