Monarch Blockchain unveils a decentralized smart contract-based recurring payment system, enabling merchants to accept crypto subscriptions and custom plans while users retain private key control. Supports Ethereum and ERC20 stablecoins.
Zonda said a cold wallet holding 4,503 BTC, worth about $334 million, is inaccessible because its private key was never transferred during a company transition. The exchange denied misappropriation claims and said it will meet customer obligations.
Zonda said a cold wallet holding 4,503 BTC, worth about $334 million, is inaccessible because the private key was never transferred during a company transition. The exchange denied embezzlement claims and said it will meet customer obligations.
Zonda Exchange reports a cold wallet with 4,503 BTC ($334M) is inaccessible due to a lost private key. CEO blames missing founder Sylwester Suszek, denies embezzlement, and plans legal action against false reports. Analysts warn altcoin volatility may increase.
Zonda Exchange lost access to a cold wallet holding 4,503 BTC ($334M) due to a missing private key. CEO says founder Sylwester Suszek, missing since 2022, was responsible for the key handover. Exchange plans legal action against false reports.
Polish exchange Zondacrypto faces a deepening crisis after halting withdrawals amid solvency concerns. Prosecutors say losses exceed 350 million zloty, while governance failures, missing wallet access and regulatory gaps have intensified market scrutiny.
Polish exchange Zondacrypto faces multiple crises: PM Tusk accuses it of sponsoring politicians to block crypto regulation; CEO reveals 4,500 BTC inaccessible due to missing key from former CEO; customer withdrawals frozen, hot wallet balance down 99%. Market confidence shaken.
Polish exchange Zondacrypto faces a severe crisis: CEO Przemysław Kral admits losing private keys to 4,500 BTC ($330M) reserves, while PM Donald Tusk accuses the exchange of sponsoring politicians to block crypto regulation. Withdrawal delays persist, and hot wallet balances have dropped 99% since mid-2024.
