Wiki
Biturai Trading Wiki
The Biturai crypto encyclopedia: AI-assisted, data-informed, and continuously quality-audited.
Stake.com Hack 2023 and the Lazarus Group Connection
The crypto gambling platform Stake.com suffered a significant security breach in September 2023, resulting in the theft of approximately $41 million in various cryptocurrencies.
CoinEx Hack 2023 Explained
The CoinEx hack of September 2023 involved the theft of approximately $70 million in various digital assets from the Seychelles-based cryptocurrency exchange.
The Harmony Horizon Bridge Hack of 2022
In June 2022, the Harmony Horizon Bridge suffered a security breach resulting in the theft of $100 million in various cryptocurrencies.
The Ripple Partial Ruling 2023: Programmatic Sales and XRP
The 2023 Ripple partial ruling clarified the legal status of XRP, distinguishing between institutional and programmatic sales.
The Cream Finance Flash Loan Hack of October 2021
The Cream Finance platform suffered a significant flash loan attack in October 2021, resulting in over $130 million in stolen assets. This incident highlighted critical vulnerabilities in DeFi lending protocols and oracle designs.
The Lazarus Group: North Korea's Crypto Hacking Operations
The Lazarus Group is a state-sponsored North Korean hacking organization notorious for its sophisticated cyberattacks, particularly in the cryptocurrency sector.
The 2016 Bitfinex Hack: The Subsequent Arrest of Razzlekhan
The 2016 Bitfinex hack was a major security breach where approximately 119,000 Bitcoin were stolen from the cryptocurrency exchange.
Mark Karpelès and the Mt. Gox Trial in Japan
The Mt. Gox incident refers to the catastrophic collapse of the dominant Bitcoin exchange Mt. Gox in 2014, leading to the loss of hundreds of thousands of Bitcoins.
Mt. Gox Creditor Repayments 2024 and Their Market Pressure
The long-awaited Mt. Gox creditor repayments, initiated in 2024, involve the distribution of over 140,000 Bitcoin and Bitcoin Cash to thousands of affected individuals.
The Binance-FTX Twitter Conflict of November 2022
In November 2022, a public dispute erupted between the CEOs of Binance and FTX, Changpeng Zhao and Sam Bankman-Fried, primarily over concerns regarding FTX's native token, FTT.
The CoinDesk Article That Triggered the FTX Collapse
The CoinDesk article published on November 2, 2022, exposed the precarious financial state of Alameda Research, a trading firm affiliated with FTX.
FTX Creditor Repayment: The Bankruptcy Plan Explained
The FTX creditor repayment plan, recently approved by a U.S. Bankruptcy Court, outlines the systematic return of assets to millions of customers and creditors affected by the exchange's 2022 collapse.
The SBF Criminal Trial 2023: Verdict and 25-Year Sentence
The Sam Bankman-Fried (SBF) criminal trial in 2023 concluded with a significant verdict, holding the founder of FTX accountable for widespread financial misconduct.
Changpeng Zhao's Guilty Plea and 2024 Sentencing
Changpeng Zhao, the founder of Binance, pleaded guilty to money laundering violations and was sentenced to four months in prison in 2024.
The SEC Lawsuit Against Coinbase in 2023
In June 2023, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Coinbase, alleging that the crypto exchange operated as an unregistered securities exchange, broker, and clearing agency.
The SEC Lawsuit Against Binance in 2023
In June 2023, the U.S. Securities and Exchange Commission initiated legal action against Binance, alleging the company operated an unregistered securities exchange.
The Ripple vs. SEC Lawsuit: Chronology and Judgment
The Ripple vs. SEC lawsuit was a landmark legal battle that redefined how digital assets are classified under US law.
The Tether Reserve Controversy: A Historical Analysis
Tether (USDT) is a stablecoin designed to maintain a 1:1 peg with the US dollar, backed by reserves.
The Tether-Bitfinex Settlement with the New York Attorney General 2021
The 2021 legal resolution between cryptocurrency exchange Bitfinex, stablecoin issuer Tether, and the New York Attorney General addressed allegations of misrepresenting Tether's backing and concealing Bitfinex's losses.
The End of Operation Choke Point 2.0
Operation Choke Point 2.0 was a US government initiative aimed at restricting the cryptocurrency industry's access to traditional banking services.