Coinbase has revealed a security breach where attackers bribed overseas customer support agents to access user data through social engineering. The compromised information affected less than 1% of monthly users and included names, addresses, phone numbers, and limited account details. Importantly, no passwords, private keys, or user funds were accessed. The attackers demanded a $20 …
Robinhood is acquiring WonderFi, one of Canada’s top crypto platforms, in a move to grow its presence in the Canadian market. This deal will help Robinhood offer more crypto services to users across Canada, tapping into a fast-growing and crypto-friendly region. With WonderFi’s strong local reputation and user base, the acquisition marks a key step …
Brazil’s B3 stock exchange will roll out Ethereum (ETH) and Solana (SOL) futures contracts on June 16, after getting approval from the securities regulator CVM. The new contracts will be USD-denominated, with sizes set at 0.25 ETH and 5 SOL each. In a move to boost market liquidity, B3 will also reduce the size of …
The hype around Doodles (DOOD) just got real. Binance has officially confirmed the DOOD airdrop, unveiling detailed eligibility rules that benefit select meme coin holders. The crypto giant also announced the launch of DOOD futures trading, signaling major backing for the token. The announcement comes as the broader crypto market turns green, with Bitcoin trading …
Rumble’s pro-crypto CEO has confirmed the company will launch its own Bitcoin and stablecoin wallet in Q3 this year. The upcoming “Rumble Wallet” is being developed in partnership with Tether, a major stablecoin issuer. This move marks Rumble’s entry into the crypto wallet space and sets it up to directly challenge Coinbase Wallet. The goal …
Binance, one of the world’s largest cryptocurrency exchanges, is making critical adjustments that will impact a large number of users this week. With Ethereum’s upcoming hard fork, Binance has announced it will both delist underperforming trading pairs and temporarily suspend withdrawals and deposits on several networks. Delisting of Spot Trading Pairs on May 9 Binance …
OKX CEO Star Xu announced the relaunch of the platform’s decentralized exchange (DEX) today, now featuring a real-time abuse detection and blocking system. The DEX had been temporarily suspended on March 17 to address security concerns, specifically to prevent exploitation by the Lazarus group, a notorious hacker collective. With these new security measures in place, …
South Korea’s top five crypto exchanges will suspend WEMIX trading on June 2, causing the token to plunge over 60% to $0.2757 before recovering to around $0.36. This is the second time WEMIX has faced a group delisting. The DAXA exchange alliance said the decision was made due to WEMIX’s failure to meet listing standards. …
On May 15, Coinbase announced that it would delist the MOVE token, stating that it no longer meets the exchange’s listing standards. While has not explicitly accused Movement Labs of misconduct, the timing follows a contentious $38 million token dump involving a now-terminated market maker. Why Coinbase is Delisting $MOVE Token? The MOVE token initially …
Gate Group has officially announced that its subsidiary, Gate Technology FZE (“Gate Dubai”), has been granted a full Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). The license allows Gate Dubai to offer exchange services to institutional, qualified, and retail investors, reinforcing Gate Group’s commitment to regulatory compliance and global …
Coinbase is requesting the SEC to remove the ban on staff buying, selling, or using cryptocurrencies that aren’t classified as securities. They believe that it will help regulators better understand and manage the crypto market. In letters dated April 22, Coinbase’s CLO, Paul Grewal, requested that the SEC Chair, Paul Atkins, and the U.S. Office …
Coinbase Asset Management is set to launch the Coinbase Bitcoin Yield Fund on May 1. The fund targets an annual net yield of 4%-8%, with returns paid in Bitcoin. Available exclusively to institutional investors outside the U.S., it uses a basis trading strategy between spot and perpetual futures markets. Aspen Digital, among other institutions, has …
The Supreme Court recently dismissed a petition filed by WazirX users following the platform’s major hack in July 2024. The hack, which resulted in the theft of Rs. 2,000 crore worth of crypto, left over 4.4 million users locked out of their accounts. This incident, and the court’s rejection of the petition, has highlighted the …
Binance has confirmed that it will delist and cease trading for all spot trading pairs of four tokens: Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING). This action will take effect on May 2, 2025, at 03:00 (UTC). As a result, all spot trading pairs for these tokens will be removed from …
Russia is rolling out a government-backed cryptocurrency exchange—but not for everyday investors. Instead, the platform will be strictly limited to the ultra-wealthy, defined as “super-qualified” individuals holding over 100 million rubles (~$1.2M) in assets or earning more than 50 million rubles (~$600K) annually. The initiative, jointly developed by the Ministry of Finance and the Central …
Binance has announced new compliance rules for its South African users, set to begin on April 30. As part of the changes, all crypto deposits and withdrawals will now require both sender and receiver information. This move is aimed at aligning with local regulatory demands. The update is part of Binance’s ongoing efforts to strengthen …
WazirX, one of India’s largest crypto exchanges, is on the brink of a comeback after suffering a massive $234 million hack in July 2024. In a recent update, the exchange confirmed it is prepared to relaunch operations, with a crucial hearing scheduled for May 13, 2025, in Singapore’s High Court. This hearing will decide the …
South Korea’s crypto landscape is shifting fast in 2025, with regulatory pressure mounting and political uncertainty looming. In the middle of this storm, major exchange Bithumb is making a bold move: it’s splitting its business to pave the way for an IPO. Bithumb Spins Off Non-Exchange Operations On July 31, Bithumb will officially spin off …
South Korean crypto exchange Bithumb announced a corporate restructuring, set to complete by July 31, 2025. The company will spin off non-exchange businesses into a new entity called “Bithumb A” to reduce risks and boost efficiency. This move is part of Bithumb’s preparation for its planned IPO, which could take place in the Korean market …
WazirX, a major crypto exchange, is preparing to restart its operations after suffering a massive $234 million hack. The company is currently waiting for a key court decision expected on May 13, which will determine the next steps. The platform had paused its services following the breach to ensure user safety and strengthen its systems. …
Coinbase is back in the legal spotlight, but this time, it’s not the SEC knocking at the door. The Oregon Attorney General has filed a lawsuit against the crypto exchange, accusing it of offering and selling unregistered securities to users in the state. The lawsuit claims that Coinbase offered and sold at least 31 tokens …
Crypto exchange eXch has announced it will shut down on May 1 after being linked to North Korea’s Lazarus Group. The group is accused of laundering around $35 million tied to the $1.4 billion Bybit hack. eXch admitted to handling a small portion of the funds from the February exploit. The closure follows rising pressure …
Binance CEO Richard Teng revealed that the exchange is now advising multiple governments on crypto regulations and building national Bitcoin reserves. This comes as the U.S. under President Trump signals a shift toward more crypto-friendly policies, including plans for a digital asset framework and reserve strategy. Teng’s efforts aim to support countries looking to integrate …
Binance, the world’s largest cryptocurrency exchange, has recently wrapped up the second round of its “Vote to Delist” campaign, stirring concerns across the crypto market. This campaign allows users to vote on whether certain altcoins should stay listed on the platform. While the voting doesn’t directly decide the outcome, it serves as a strong signal …
In a major blow for crypto investors in India, the Supreme Court has rejected a petition filed by 54 users of the WazirX exchange. These users were hoping for urgent action after losing their funds in a massive ₹2,000 crore cyberattack. But the court said it isn’t the right authority to handle the issue and …
The Supreme Court of India has dismissed a criminal petition against WazirX and its co-founder, Nischal Shetty, related to a Rs 2000 crore cyber hack in July 2024. The petitioners accused WazirX, Binance, and Liminal Custody of negligence over Rs 4500 crore in cryptocurrencies. Over 4.4 million Indian users have had their funds stuck on …
Binance has announced that, after a recent review, it will be delisting the RAY/BNB, TNSR/BTC, VANA/BNB, VANRY/BTC, and WOO/BTC spot trading pairs. The delisting will take place on April 18 at 03:00 UTC. This decision comes as part of the exchange’s ongoing review of trading pairs to ensure a streamlined experience for its users. Traders …
Both KuCoin and Binance are experiencing disruptions due to a large-scale AWS network outage. Binance saw issues with failed orders and temporarily suspended withdrawals, though services are now recovering and withdrawals have resumed. KuCoin assured users that their assets remain secure and data is safe, despite the temporary disruptions. Both platforms are working on resolving …
Trump’s troubling tariff drama turned the crypto market upside down until he gave a moment of breath to crypto assets by pausing the tariffs for 90 days. Bitcoin reacted quickly and surged to $84K. Others gained, too, but overall, the market is in bad shape. As the crypto market navigates macroeconomic uncertainty, all eyes are …
The market capitulation for the Mantra (OM), a first-level layer 1 project focused on real-world assets (RWA) tokenization, has attracted significant attention. The previously highly decorated project has now been likened to the Tera Luna (UST) crash due to the similarity of the situation. Moreover, both projects had gained significant trust from both retail and …