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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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Coinbase, one of the world’s leading cryptocurrency exchanges, has recently achieved a remarkable milestone by securing registration as a Virtual Asset Service Provider (VASP) in the United Kingdom. This significant advancement was announced by Faryar Shirzad, the Chief Policy Officer at Coinbase, on February 3 via social media platform X. By obtaining this registration, Coinbase
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XRP, a digital asset developed by Ripple, has always been recognized for its unique position within the cryptocurrency landscape. Unlike other cryptocurrencies that primarily aim to usurp traditional financial systems, XRP is designed to enhance existing frameworks, particularly aiding cross-border transactions. This original vision, however, has faced significant hurdles over the years, both in terms
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In a notable shift within the cryptocurrency landscape, Gemini, the prominent crypto exchange founded by the Winklevoss twins, has announced it will no longer hire graduates or interns from the Massachusetts Institute of Technology (MIT). This bold decision stems from MIT’s recent decision to rehire Gary Gensler, the former chair of the U.S. Securities and
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The cryptocurrency landscape has witnessed an unprecedented surge in the creation of new tokens, accelerating at a staggering rate that has the industry buzzing. Over 1 million new tokens are reportedly launched weekly, marking a new era of digital asset proliferation. This rapid innovation can be attributed to user-friendly platforms that enable individuals with limited
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In recent months, users of Coinbase have experienced significant delays in processing Solana transactions. These delays have been particularly pronounced during periods of heightened trading activity, which has left many users frustrated. Specifically, the surge in activity surrounding Donald Trump-themed memecoins exacerbated existing congestion on the Solana network, preventing users from executing transactions promptly. Reports
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The cryptocurrency market is notorious for its volatility, and Bitcoin has once again proven its unpredictable nature by reaching an unprecedented all-time high of $109,558. This remarkable surge coincided with a significant political milestone: the inauguration day of President Donald Trump. This timing has led market watchers to speculate on the intertwining of politics and
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In the dynamic and often unpredictable world of cryptocurrencies, meme coins have carved out a niche that captivates both seasoned investors and newcomers alike. With incomparable volatility and speculative fervor, these digital assets have become thrilling yet treacherous avenues for investment. Among them, Pepe (PEPE) has emerged as one of the most notable players, currently