Dragon Payments

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Dragon Payments

London Block Exchange Placed Into Compulsory Liquidation

LBX, known as Dragon Payments since July, was put into compulsory liquidation on Jan. 31.

By Paddy BakerFeb 7, 2020

Credit: Ricky Of The World / Shutterstock

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Latest Crypto News

Today

2:30 AM

Positive

XRP Ledger's new proposal blocks the flash loan attacks costing DeFi hundreds of millions

A draft XRPL amendment notes that flash loan attacks are "structurally impossible" on the network because of how its transactions are built, an architectural quirk that has spared the chain from the exploit class that has cost Ethereum DeFi billions.

Yesterday

5:27 PM

Negative

SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots

Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.

3:50 PM

Negative

U.S. says it seized about $1 billion in Iranian crypto as pressure campaign expands

The seizure, falling under "Operation Economic Fury," aims to restrict Iran's access to overseas revenue, banking networks, and crypto infrastructure.

3:00 PM

Negative

Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain

CertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out of 30 days.

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