Coinbase has responded to allegations of unjust account restrictions following weeks of heated discourse on X. The exchange’s support account, @CoinbaseSupport, posted a detailed thread addressing the situation. Support Clears Out the FUD The controversy began after several users on X shared screenshots showing notices from Coinbase indicating transaction restrictions. One user tagged Sean Clarke, […]
Radiant Capital has revealed new findings about the $50 million hack targeting its decentralized finance (DeFi) platform in October, attributing the attack to a North Korea-aligned hacking group. The attackers gained access through an elaborate scheme involving malware distributed via Telegram. $50M Radiant Capital DeFi Hack The breach, first discovered on October 16, 2024, prompted […]
A record 35.5% of BNB Chain’s blocks were affected by Sandwich attacks in November. Over the past week alone, 645 Sandwich Bots were found to be active on the chain. In total, roughly 43,400 DEX traders were impacted during the entire ordeal. Sandwich Bots Exploit BNB Chain According to data compiled by Dune Analytics, the […]
India’s Goods and Services Tax (GST) authorities have reported a $99.1 million tax evasion case involving 17 cryptocurrency exchanges operating in the country. Nest Services Ltd., a company linked to Binance Group, stands out as one of the most significant offenders. The firm is accused of evading $86.8 million in GST. India Recovers $14.7M in […]
Euro Pacific Funds chief Peter Schiff asserted on Sunday that Bitcoin is a threat to US national security. He was referring to plans by the incoming Trump administration to hold some BTC in a strategic reserve fund. “Bitcoin has become a national security threat,” wrote Schiff in a post on X Sunday. “It’s one thing […]
Being the biggest cryptocurrency by market cap with a substantial different, BTC led the pack after Donald Trump won the US elections by skyrocketing from $68,000 to over $90,000 within weeks. This was somewhat expected, given Trump’s pro-bitcoin stance during his campaign as he appeared at the annual BTC conference in the States and even […]
After Bitcoin (BTC) recently went past the $100,000 milestone, El Salvador President Nayib Bukele took to social media to bask in the glory of a gamble his country made in 2021. Then, the small Central American nation gave the cryptocurrency legal tender status and established a treasury that now holds almost six thousand BTC. When […]
The U.S. Securities and Exchange Commission (SEC) has pushed back against efforts to dismiss its lawsuit against cryptocurrency exchange Binance, its U.S. branch Binance.US, and former CEO Changpeng Zhao. The regulator accuses them of running an unregistered securities exchange through the trading of BNB, Binance’s native token, and ten other cryptocurrencies. Details From the Filing […]
On December 6, a cryptocurrency user known as “LeftsideEmiri” on X shared that they had lost $300,000 after interacting with a fraudulent work meeting link. In a thread, the individual described the incident as a social engineering attack, emphasizing that they had not approved or signed any transactions. $300K Lost In Attack “Thought it would […]
The healthcare technology provider Semler Scientific has increased its bitcoin holdings once again with a $30 million purchase, bringing its total stash to 1,873 BTC. According to an official release, Semler Scientific bought 303 BTC between November 25 and December 4 at an average price of $96,779 per bitcoin, including fees and expenses. The company […]