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Dutch crypto platform Knaken goes bankrupt due to €7M shortfall in customer funds.

Market News
17 Jul 2026
Cryip
View Source
Bearish
Dutch crypto platform Knaken goes bankrupt due to €7M shortfall in customer funds.

Dutch cryptocurrency platform Knaken has been declared bankrupt after it was revealed that there is a €7 million shortfall in customer funds. This shortfall means that the platform cannot cover all customer deposits, raising concerns about the security of crypto investments on such platforms. The bankruptcy highlights risks in the crypto market and may lead to legal proceedings to recover lost funds for customers. Investors should be cautious and monitor developments closely.

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ZEST token jumps 14% ahead of Bithumb listing in South Korea

ZEST token jumps 14% ahead of Bithumb listing in South Korea

ZEST token from Zest Protocol surged 14.18% within 15 minutes, briefly hitting 0.23 USDT before its planned listing on Bithumb’s Korean won market. The listing, set to start trading on October 12, will provide ZEST access to a new South Korean tradin...

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ZEST token jumps 14% as Bithumb plans Korean won market listing with BNB Chain support

ZEST token jumps 14% as Bithumb plans Korean won market listing with BNB Chain support

ZEST token briefly surged to $0.23, gaining 14.18% in 15 minutes on Oct. 12, before settling at $0.22. This spike followed the announcement that Bithumb, a major South Korean cryptocurrency exchange, will list ZEST in its Korean won market with suppo...

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DFINITY’s Cloud Engines to use 20% of enterprise cloud revenue to buy and burn ICP tokens, cutting inflation.

DFINITY’s Cloud Engines to use 20% of enterprise cloud revenue to buy and burn ICP tokens, cutting inflation.

DFINITY’s Cloud Engines program will allocate 20% of enterprise cloud revenue to buy and burn Internet Computer (ICP) tokens, aiming to reduce ICP’s inflation rate from 9.72% to 2.92%. Node providers keep 80% of revenue, while the rest funds token bu...

Protocol Fundamentals
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ZEST token to start trading on Bithumb's Korean won market from Oct 12.

ZEST token to start trading on Bithumb's Korean won market from Oct 12.

The cryptocurrency token ZEST will be listed on Bithumb, a South Korean exchange, with trading beginning on October 12 at 1 a.m. ET (05:00 UTC). This listing introduces a new trading option for ZEST in the Korean won market on Bithumb, potentially in...

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Top 10 dividend growth stocks with safe dividends and fair prices yield 2.8%, but lag behind SPY over 5 years

Top 10 dividend growth stocks with safe dividends and fair prices yield 2.8%, but lag behind SPY over 5 years

This monthly report ranks dividend growth stocks with high Dividend Safety scores (≥8.0), forward yields above 2.5%, and prices at or below fair value. The top 10 selected stocks form an equally weighted portfolio yielding 2.8%. However, this portfol...

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Neutral
4 hours ago
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