Coinbase Cyberattack: Lessons Learned and Strategies Moving Forward Cryptocurrency giant Coinbase has recently found itself in the eye of the storm after disclosing a cyberattack that led to the compromise of personal data belonging to thousands of its customers. The breach, which reportedly involved insider involvement, resulted in a staggering $400 million loss for the […]
Coinbase expands into Canadian stablecoin market
Coinbase Expands into Canadian Stablecoin Market As the world of cryptocurrency continues to expand, Coinbase, one of the leading cryptocurrency exchanges, has set its sights on the Canadian stablecoin market. This move comes at a time when regulatory challenges have been hindering stablecoin adoption in Canada, with Coinbase advocating for clearer frameworks to facilitate the […]
Gemini wins EU approval for crypto derivatives
Gemini Wins EU Approval for Crypto Derivatives Gemini, the renowned cryptocurrency exchange founded by the Winklevoss twins, has recently achieved a significant regulatory feat in the European Union. The platform has secured approval to launch a new array of financial products, including perpetual futures and other derivatives tailored for advanced traders across Europe. This milestone […]
€34 million in crypto seized from eXch for facilitating money laundering
€34 Million in Crypto Seized from eXch for Facilitating Money Laundering In a significant crackdown on illicit activities within the cryptocurrency sphere, authorities have successfully seized a staggering €34 million from eXch, an exchange platform allegedly involved in facilitating money laundering. This bold move not only underscores the growing concerns surrounding the misuse of digital […]
Changpeng Zhao applies for presidential pardon after legal settlement
Changpeng Zhao Applies for Presidential Pardon After Legal Settlement Changpeng Zhao, the renowned figure behind the cryptocurrency exchange Binance, has recently made headlines by applying for a presidential pardon following a legal settlement. Despite this bold move, Zhao has clarified that he has no intentions of reclaiming his position as Binance’s CEO. The decision to […]
AI fraudsters target Binance with face hacks
AI Fraudsters Target Binance with Face Hacks: Upgrade in Defenses Urged Binance, one of the leading cryptocurrency exchanges globally, has recently come under attack by AI fraudsters utilizing sophisticated face hacking techniques. This alarming development has prompted Binance to enhance its security measures significantly and issue a stern warning to its users regarding the potential […]
Coinbase urges the SEC to allow staff to use cryptocurrencies
Coinbase Urges the SEC to Allow Staff to Use Cryptocurrencies Coinbase, one of the leading cryptocurrency exchanges in the world, is making headlines once again, this time for urging the U.S. Securities and Exchange Commission (SEC) to allow its staff to use cryptocurrencies. This bold move comes as part of Coinbase’s ongoing efforts to push […]
Nigerian court postpones Binance hearing over jurisdictional challenge
Nigerian Court Delays Binance Hearing Amid Jurisdictional Challenge The recent postponement of the Binance hearing by a Nigerian court has sparked renewed interest and debate within the cryptocurrency community. The world-renowned digital asset exchange, Binance, is currently contesting the court’s approval of substituted service, citing concerns that Nigerian authorities may have circumvented essential judicial procedures […]
Kyrgyzstan teams up with Binance founder to boost crypto
Kyrgyzstan Partners with Binance Founder CZ to Enhance Crypto Potential In a groundbreaking move towards bolstering its foothold in the world of cryptocurrencies, Kyrgyzstan has joined forces with none other than Changpeng Zhao, the founder of Binance, one of the largest cryptocurrency exchanges globally. This strategic collaboration aims to leverage CZ’s vast expertise, cutting-edge infrastructure, […]
Bybit shuts down NFT and IDO platforms
Bybit Shuts Down NFT and IDO Platforms: Adapting to Changing Market Realities Bybit, a prominent player in the cryptocurrency exchange realm, recently made waves in the industry by announcing the closure of its NFT (Non-Fungible Token) and IDO (Initial DEX Offering) platforms. This decision comes on the heels of a significant setback for the platform […]