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Coinbase Addresses Misinformation Amid Allegations of Account Restrictions

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, […]

Web3 Security Firms Confirm North Korea’s Role in Radiant Capital Hack

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 […]

Binance, WazirX, and Other Crypto Firms Accused of Tax Evasion in India: Report

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 […]

El Salvador President Showcases National Portfolio as Bitcoin Tapped $100K

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 […]

SEC Claims Secondary Trading of BNB and These 10 Tokens Qualifies as Securities Under Howey Test

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 […]

Crypto User Loses $300K in Phishing Scam via Malicious Work Meeting Link

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 […]

Semler Scientific Tops Bitcoin Stash With $30M Purchase

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 […]