Recent revelations from on-chain investigator ZachXBT shed light on the troubling world of social engineering scams targeting Coinbase users, with losses exceeding $300 million annually. This staggering figure reflects the vulnerabilities existing within one of the leading cryptocurrency exchange platforms. As victims share their harrowing experiences on social media, it becomes evident that not only
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Aayush Jindal has carved a niche for himself as a preeminent authority in the complex realms of Forex and cryptocurrency trading. With a career spanning over 15 successful years, Aayush’s rise in the financial world comes not merely from his tactical trading prowess, but also from his ability to demystify the intricate dynamics that govern
As cryptocurrency and blockchain technologies continue to reshape the financial landscape, regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) are intensifying their scrutiny of the sector. Recently, Immutable, a notable player in the blockchain gaming arena, found itself on the receiving end of a Wells notice from the SEC, highlighting the growing
The UK’s Financial Conduct Authority (FCA) stands at the forefront of the ongoing debate regarding the regulation of the cryptocurrency sector. On October 21, Val Smith, the FCA’s head of payments and digital assets, published a blog post attempting to clarify the agency’s resolute stance on stringent regulatory measures. Critics argue that these measures could
WazirX recently conducted a preliminary investigation into a sophisticated cyber attack on its multi-signature Ethereum wallet. The attack, which took place earlier this month, raised significant concerns within the crypto community. Initially, the exchange attributed the hack to an issue with its custody service provider, Liminal, but further investigation revealed a different story. Investigation Findings
In a recent blog post titled “How to get regulatory clarity for crypto,” Coinbase CEO Brian Armstrong urged for a concerted effort to secure regulatory clarity for the crypto industry. He emphasized the importance of supporting pro-crypto political candidates and voting out anti-crypto incumbents as a crucial step in achieving regulatory clarity. Armstrong highlighted the
In recent news, popular crypto influencer GCR fell victim to a hack on Twitter, resulting in a compromised account and misleading price predictions. This incident sheds light on the vulnerability of social media platforms to such scams and the potential impact on the cryptocurrency market. Let’s delve into the details of the hack and its
Communities online are reeling from the news of the passing of Kabosu, the beloved Shiba Inu behind the iconic Doge meme and the face of Dogecoin. At the age of 17, Kabosu peacefully left this world on May 25, leaving behind a legacy that has touched the hearts of many around the globe. Owner Atsuko
Uniswap Labs recently issued a bold response to the SEC’s Wells notice, taking a strong stance against the agency’s attempts to regulate DeFi. In a blog post on May 20, the company expressed confidence in its position and readiness to defend itself in court if necessary. It believes that the SEC’s efforts to expand its
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