Coinbase Security Breach: How a TaskUs Agent in India Compromised Customer Data The recent security breach at Coinbase, one of the leading cryptocurrency exchanges, has sent shockwaves through the industry. The breach, which compromised sensitive customer data, has been linked to a TaskUs agent based in India. According to reports, the agent allegedly leaked Coinbase […]
Lazarus group fails in phishing attempt on BitMEX
Lazarus Group’s Phishing Attempt on BitMEX Exposes Ongoing Threat to Crypto Industry The Lazarus Group, a notorious hacking group known for its sophisticated cyber attacks, recently attempted a phishing attack on BitMEX, one of the leading cryptocurrency exchanges. This incident serves as a stark reminder of the persistent threats faced by the crypto industry from […]
Coinbase expands altcoin support in Germany
Coinbase Expands Altcoin Support in Germany Coinbase, one of the leading cryptocurrency exchanges worldwide, has made significant strides in expanding its altcoin support in Germany. The exchange’s move comes after being approved by Germany’s regulatory authority BaFin in 2021, making it the first platform to receive a crypto custody license in the country. With this […]
Kazakhstan to license crypto-to-fiat exchanges
Kazakhstan to License Crypto-to-Fiat Exchanges Kazakhstan is making a significant move in the world of cryptocurrencies by announcing plans to license crypto-to-fiat exchanges. This decision comes as National Bank officials in the country have taken the initiative to regulate crypto platforms, including those dealing with stablecoins. This proactive approach showcases Kazakhstan’s willingness to adapt to […]
Crypto.com gains EU approval for crypto derivatives
Crypto.com Secures EU Approval for Crypto Derivatives In a significant move for the cryptocurrency industry, Crypto.com has successfully acquired Cyprus-based A.N. Allnew Investments to gain regulatory approval for offering crypto derivatives within the European Union. This strategic acquisition not only marks a milestone for Crypto.com but also opens up new avenues for the company to […]
Coinbase hit by cyber-attack with up to $400m losses
Coinbase Hit by Cyber-Attack: A Deep Dive into the $400m Losses The world of cryptocurrency has once again been rocked by a significant cyber-attack, with industry giant Coinbase falling victim to a sophisticated hacking scheme. Reports have surfaced that hackers managed to breach Coinbase’s defenses by paying overseas contractors to gain unauthorized access to the […]
Coinbase hit by breach and SEC probe ahead of S&P 500 entry
Coinbase Hit by Breach and SEC Probe Ahead of S&P 500 Entry Coinbase, the leading cryptocurrency exchange platform, has recently found itself in the eye of the storm as it faces the aftermath of a significant breach and a looming investigation by the U.S. Securities and Exchange Commission (SEC). This turbulent period comes at a […]
Coinbase rocked by $400M insider hack, launches $20M global bounty to hunt attackers
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 […]