LCX reports nearly $8M in losses after hot wallet compromise
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LCX, a cryptocurrency exchange based in Liechtenstein, has suffered a hack of nearly $8 million after reporting unauthorized access to one of its hot wallets on January 9. Revealing the news on…
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Umi Network, a well-known DeFi platform, has announced its new collaboration with LCX, a popular regulated crypto exchange. The partnership endeavors to combine the gamified crypto network of Umi Network with the robust regulatory infrastructure of LCX to revolutionize the gamified Web3 ecosystem of Odyssey. As Umi Network’s official social…
Digital security expert, DigiCorp Labs, has become entangled in the aftermath of LCX’s major hack, which happened in January 2022 and resulted in nearly $8 million disappearing from one of the company’s hot wallets. The initial coin offering (ICO) sale for $DGMV was in progress during January 2022, coinciding with…
LCX, a notable player in the digital assets exchange market, has recently announced a new strategic partnership with Clear Junction, aiming to revolutionize its fiat on-ramp capabilities. This collaboration marks a significant step forward in LCX’s commitment to enhancing user experience by incorporating instant fiat transfer systems into its services. …