Finance News – Crypto Exchange
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Coinbase hit with wave of lawsuits over customer data breaches
The recent legal challenges and security failures at Coinbase have resulted in significant financial liabilities, including potential reimbursement costs between $180 million and $...
Read Full Article →Coinbase faces lawsuit over alleged breaches of Illinois biometric privacy law
If the lawsuit results in a ruling against Coinbase, the company could face substantial financial penalties, including statutory damages per violation, as well as additional costs...
Read Full Article →Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack
The seizure of cryptocurrencies and high-value properties by Australian authorities highlights efforts to disrupt financial gains linked to illegal activities and reinforce funding...
Read Full Article →Hong Kong police busts $15M laundering ring that used crypto, 500 bank accounts
The disruption of this illicit operation highlights the extensive use of digital currency and numerous bank accounts to facilitate complex financial crimes involving millions of do...
Read Full Article →Hong Kong police arrest 12 suspected of laundering $15 million through crypto exchange shops
Authorities detained a dozen individuals suspected of channeling $15 million through various financial and cryptocurrency platforms, highlighting ongoing efforts to combat illicit...
Read Full Article →Violent crypto robberies on the rise: Six attacks that targeted investors
The increasing occurrence of violent crimes against cryptocurrency investors underscores the urgent need for enhanced security measures to protect significant digital assets and de...
Read Full Article →Australian Crypto Exchange Cointree Fined Over Delayed Suspicious Activity Reports
The penalty imposed on Cointree highlights increased regulatory enforcement in the cryptocurrency sector, emphasizing the financial impact of compliance delays on exchange operatio...
Read Full Article →Coinbase confirms user metric investigation, says it's working with Trump's SEC to resolve
Coinbase is cooperating with regulatory authorities to address questions about its reported customer figures, which has contributed to a decline in the company’s stock value during...
Read Full Article →Coinbase's cyber attack could cost it $400 million
The recent security breach at Coinbase may result in financial liabilities ranging from $180 million to $400 million, prompting a notable decline in the company’s stock value durin...
Read Full Article →Cyber attack: Coinbase warns of $400m hit after data breach
Coinbase revealed that a recent cyber intrusion affecting a limited number of user accounts may result in financial losses ranging from $180 million to $400 million, impacting its...
Read Full Article →Largest US crypto exchange says cost of recent cyber-attack could reach $400m
The recent cybersecurity breach impacting a portion of the exchange’s users is expected to result in financial losses ranging from $180 million up to $400 million, excluding the co...
Read Full Article →FTX to begin $5 billion in creditor payouts May 30 under bankruptcy plan
Starting May 30, the insolvent cryptocurrency company FTX will initiate distributions exceeding $5 billion to its creditors through intermediaries, marking a significant step in it...
Read Full Article →Coinbase says crooks bribed workers for customer data in breach that could cost it $400m
The recent security breach involving insider collusion to access user information may result in substantial financial consequences for the cryptocurrency platform, potentially amou...
Read Full Article →Ukraine strategic Bitcoin reserve bill reportedly in final stages
Ukraine’s plan to integrate cryptocurrency into its national assets could diversify financial holdings and potentially enhance economic stability amid ongoing geopolitical and fisc...
Read Full Article →$103 Million Bitcoin Transfers Stun Major Crypto Exchange in Minutes
A significant transfer of over one hundred million dollars worth of Bitcoin occurred within minutes, drawing attention from a leading cryptocurrency platform due to its size and ti...
Read Full Article →Canada 'got it wrong' labeling stablecoins securities — NDAX exec
Canada’s classification of stablecoins as securities has prompted several major crypto firms to reduce their presence in the country, potentially affecting the growth dynamics of i...
Read Full Article →Coinbase CEO wants to hire DOGE staff to help improve the global financial system
Coinbase’s leadership is seeking to recruit former US government efficiency officials to enhance its operations, potentially impacting the broader financial landscape through incre...
Read Full Article →French minister to meet crypto firms after kidnapping attempt
The recent kidnapping attempt involving a cryptocurrency executive's family underscores growing concerns about physical security risks, potentially impacting investor confidence an...
Read Full Article →How to spot a fake crypto investment platform: 10 red flags
Identifying deceptive digital asset platforms is crucial to protecting funds, as fraudulent sites often employ misleading information and unrealistic promises to exploit inexperien...
Read Full Article →Shocking video footage of attempted kidnapping of crypto CEO’s daughter in Paris surfaces
The attempted abduction of the Paymium CEO’s family members could impact the company’s market reputation and raise concerns among investors regarding executive security and operati...
Read Full Article →Crypto swapper eXch shows signs of life after post-Bybit shutdown
Despite official shutdowns and asset seizures, the crypto swapping platform’s covert continuation highlights persistent challenges in tracing illicit flows and enforcing cross-bord...
Read Full Article →Paris Kidnapping Attempt Highlights Growing Threat to Crypto Figures
The recent armed abduction attempt involving family members of a prominent French cryptocurrency exchange founder underscores increasing security risks that could impact investor c...
Read Full Article →Crypto exchange CEO’s daughter fights off brazen kidnappers in Paris
The recent attempted abduction involving a prominent cryptocurrency executive’s family highlights increasing security risks that could impact investor confidence and operational st...
Read Full Article →Peter Thiel-backed crypto exchange Bullish partners with Gibraltar to build crypto settlement regime
The collaboration between Bullish and Gibraltar aims to establish a structured system for managing crypto derivatives transactions, potentially enhancing regulatory clarity and ope...
Read Full Article →Crypto execs cheer as Australia appoints pro-crypto assistant minister
The appointment of a dedicated official for emerging technologies is expected to advance regulatory clarity and support innovation, potentially fostering increased investment and g...
Read Full Article →Coinbase to become the first crypto firm to join the S&P 500
Coinbase’s addition to the S&P 500 is expected to boost its stock demand as index funds adjust portfolios, reflecting greater institutional recognition of cryptocurrency-related bu...
Read Full Article →Coinbase’s stock pops as the crypto exchange will join the S&P 500 index next Monday
The inclusion of a major cryptocurrency platform in a prominent market index is expected to influence investor interest and could potentially impact its stock valuation moving forw...
Read Full Article →$52,933,217 Bitcoin Stun Largest US Crypto Exchange
A significant amount of Bitcoin valued at over fifty-two million dollars was involved in an event that impacted the operations of the major cryptocurrency trading platform in the U...
Read Full Article →FTX EU creditors can now withdraw money from Backpack exchange
Former users of the insolvent crypto platform in the EU can now recover their euro assets through Backpack by completing identity verification, enabling access to redistributed fun...
Read Full Article →German Authorities Seize $37.4M in Assets from Shuttered Crypto Exchange eXch
German officials have confiscated digital assets and hardware valued at over $37 million from a closed cryptocurrency platform suspected of involvement in laundering funds linked t...
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