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BingX launches ‘ShieldX’ wallet firewall months after $52M hack

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The Singapore-based crypto exchange says the new security initiative dubbed “ShieldX” will help prevent future exploits and better safeguard user assets. 

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Coin Market

Too early to say Ethereum L2s are ‘cannibalistic’ to revenue: Sygnum Bank

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Ethereum daily fees hover between $1 million to $5 million — far less than the $30 million that was consistently reached throughout 2021 and 2022.

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Netherlands seeks input on crypto tax monitoring laws to align with EU

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The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.”

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Thailand crypto market is shifting away from retail: Binance Thailand CEO

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Thailand is shifting focus to a more mature institutional-focused crypto market, according to the chief executive of Binance Thailand.

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