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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In a significant move to enhance user experience, Coinbase has integrated Apple Pay into its Coinbase Onramp service as of December 2, 2023. This integration not only reflects Coinbase’s commitment to evolving crypto accessibility but also aims to simplify the process for users who wish to convert their fiat currencies into cryptocurrencies. Historically, many potential
The cryptocurrency space in the UK continues to exhibit a dynamic trajectory, as highlighted by the recent findings from the Financial Conduct Authority (FCA). This growing interest among the population not only raises questions about the implications of increased ownership but also about the pressing need for regulatory frameworks that could potentially transform this volatile
The Australian financial landscape is undergoing a pivotal transformation as the Australian Securities and Investments Commission (ASIC) gears up to enforce a licensing framework for cryptocurrency service providers. This shift comes in response to escalating concerns about consumer protection amid a surge in fraudulent activities associated with digital assets. On September 23, ASIC Commissioner Alan
Australia’s Securities and Investment Commission (ASIC) has taken decisive action in shutting down a significant number of crypto scam websites over the course of the past year. In a statement released on August 19, ASIC revealed that a total of 615 scam websites had been closed down as part of a broader effort to combat
The recent turmoil in Venezuela following controversial presidential election results has led to restrictions on access to the Binance website by the Venezuelan government. Binance, one of the largest cryptocurrency exchanges globally, confirmed on August 10 that their website, along with several other companies’ websites in Venezuela, faced access restrictions. This has raised concerns among
The copy trading industry is continually evolving, with brokers seeking sophisticated platforms that cater to the diverse needs of their traders. B2Broker is at the forefront of this revolution, introducing B2Copy, a next-gen investment platform that combines copy trading, PAMM, and MAM functionalities. This innovative platform is set to shake up the market and provide
Recently, Huobi HK made headlines when it withdrew its application for a cryptocurrency trading license from Hong Kong’s Securities and Futures Commission (SFC) for the second time. This decision came just two months after a re-submission, raising questions about the company’s future in the region. Hong Kong has been actively working towards establishing itself as
US Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.) have come together to urge US authorities to take action against the use of cryptocurrencies in the illegal trade of child sexual abuse material (CSAM). In a bipartisan letter to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas, the senators emphasized the role
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