exchangerisk

The Singapore Exchange Collapse Just Cost Its Founder Everything

Another day, another centralized exchange betrayal. The Tokenize Xchange fallout is brutal. Users are suing the founder for $60.5M after the platform collapsed, owing customers a staggering $266.3M while holding only $2.6M in assets. This is why self-custody is non-negotiable. If you do not hold your private keys, you do not own your $BTC or your $ETH. The systemic risk in centralized finance is real, and the regulators are watching.

This is not financial advice. Always Do Your Own Research.
#CryptoFraud #ExchangeRisk #SelfCustody #BTC
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⏬ Crypto Dips After Gemini’s $282M H1 Loss — IPO Still Ahead!

Gemini, founded by the Winklevoss twins, filed for a U.S. IPO (ticker: GEMI) despite reporting a massive $282.5M net loss on just $68.6M revenue in H1 2025—a stark contrast to H1 2024’s $41M loss on $74M revenue .

What it signals: A bold move toward public markets—even while profitability falters.

Why it matters: Highlights rising volatility—and the importance of resilience over hype.

Strategy tip: Focus on coins and projects backed by real utility, not speculation.

Engagement Prompt:
Do you trust Gemini’s long-term potential post-IPO, or does financial health matter more? Let me know below 👇

#MarketTurbulence #GeminiIPO #CryptoVolatility #Write2Earn #ExchangeRisk

$BTC Quiet but massive : Major crypto exchanges' are at a multi-year lows while the industry proof of reserves gap widens. If those hidden wallet flows start moving- we could see a squeeze no one is ready for.
#Crypto #Exchangerisk

Source : Shrinking Bitcoin reserved reflect accumulation #CryptoQuantInsights #TheBlockArticle #GlassnodeInsights

MASSIVE EXCHANGE FRAUD Founder Sued For 60 Million

The crypto ecosystem just absorbed another devastating blow. Tokenize Xchange founder Hong Qi Yu is now facing a $60.5M lawsuit in Singapore following the collapse of his exchange after regulators rejected its license.

The numbers are staggering: The exchange operator allegedly owes customers $266.3M but holds less than $3M in assets, leading to accusations of mass customer asset misappropriation. This incident is a brutal, urgent reminder that counterparty risk is not theoretical. If you value your future, take custody of your $BTC and $ETH immediately. Not your keys, not your coins.

This is not financial advice.
#CryptoFraud #ExchangeRisk #Singapore #Bitcoin #Regulation
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UPBIT HACKED 36.8 MILLION USD – SOLANA SHORT-TERM CRASH
Upbit confirms that approximately 54 billion KRW (~36.8 million USD) was illegally withdrawn on the Solana network. The incident occurred early in the morning when a hot wallet was accessed unlawfully and the token flow was transferred to a strange wallet.
The assets involved are primarily SOL and the Solana ecosystem such as BONK, JTO, JUP, PYTH, RAY, ORCA, along with USDC. Immediately after the incident, Upbit:
Temporarily suspended all Solana deposits/withdrawals
Transferred assets to a cold wallet
Successfully froze 8.18 million USD of LAYER tokens
This is not a Solana network error, but rather an operational risk from the exchange. In the short term, the prices of related tokens may face pressure due to:
Liquidity being disrupted
Increased defensive sentiment
Risk of stolen tokens being dumped on DEX
In the medium term, if Upbit handles compensation transparently, the systemic impact will not be prolonged.

#solana #ExchangeRisk #CryptoSecurity

WARNING: Binance Just Made Your Deposit Disappear

This is not a drill. Binance is temporarily halting deposits and withdrawals for specific low-cap assets starting December 12 at 17:00 UTC.

If you send $CHESS (on Ethereum), $DF (on BNB Chain), or $GHST (on Polygon) after the cutoff time, your funds WILL NOT be credited. They are gone forever. Stop everything and double-check your network settings NOW. This is a critical security purge. Use other supported networks immediately.

This is not financial advice. DYOR.
#Binance #CryptoNews #UrgentAlert #ExchangeRisk #FundSecurity
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⚠️ INFRA RISK: EXCHANGE SYSTEMS MAY STRAIN IF VOLATILITY SPIKES

High-volume crashes test exchange infrastructure — not just wallets.

If servers or trading platforms slow, your orders may not go through.

Use limit orders where possible, and avoid market panic trades. DYOR.

Follow ShadowCrown for more…

#ExchangeRisk #CryptoSafety #Infrastructure #USJobsData #ShadowCrown

$BNB
$BTC

⏬ Crypto Dips Amid Gemini’s IPO Woes—Volatility Strikes!

Content:

Gemini, the cryptocurrency exchange, has filed for a U.S. IPO but revealed a wider net loss—$282.5M in H1 2025—despite lower revenue of $68.6M. This financial setback comes amid broader market volatility and heightened investor caution.

Implication for crypto: Investor sentiment may cool on exchange-linked assets.

Takeaway: Profitability matters—regardless of hype, fundamentals will drive long-term confidence.

Strategy Tip: Focus on coins with use-case strength and robust financial backing.

Call to Action:

Will Gemini’s financial results shake your confidence in exchange tokens—or do fundamentals still drive your strategy? Share your views below 👇

#MarketTurbulence #GeminiIPO #CryptoVolatility #Write2Earn #ExchangeRisk

📰Upbit has been hit by a major security breach involving its Solana hot-wallet, with unauthorized withdrawals leading to an estimated loss of ₩54 billion (≈ $36–37M).
The stolen assets include SOL, USDC, and several Solana-ecosystem tokens such as BONK, JUP, RAY, ORCA, PYTH, and more.
Upbit immediately suspended all Solana-network deposits and withdrawals, and reassured users it will fully cover all customer losses using its own reserves.
The incident highlights ongoing security risks for centralized exchanges — even top-tier platforms remain vulnerable when hot wallets are exposed.
$SOL $JUP $PYTH
#UpbitHack #CryptoSecurity #ExchangeRisk

Upbit was hit by a hot-wallet hack on Solana assets, but the core blockchain tech itself was not compromised. The exchange has pledged to cover 100% of the loss with its own funds, so users will not take the hit.

The recent Upbit incident is a classic hot-wallet security breach, not a failure of blockchain itself. Unauthorized transfers were detected from a Solana hot wallet, but core systems and cold wallets remained safe, and no on-chain protocol was broken.

Most importantly, Upbit has confirmed it will fully cover the entire loss with its own assets, meaning user balances will remain intact. That is effectively a stress test of the exchange’s balance sheet and risk management capacity – and it shows Upbit is large and liquid enough to absorb this kind of shock.

Events like this are a reminder that hot wallets are always the weakest link in centralized exchanges, but they do not change the fundamental security model of public blockchains themselves.

#CryptoSecurity #HotWallet #Solana #ExchangeRisk #CryptoNews