Crypto News
El Salvador Buys the Bitcoin Dip, Snaps Up Further 11 BTC
The Central American country snapped up another 11 Bitcoin for its national reserve as crypto prices slumped this week.Source link
The DOJ’s Stance on DeFi Sparks Industry Concerns Over Liability
The Department of Justice's actions against DeFi developers raise concerns about liability and control, prompting calls for clearer legal definitions and policy reform. (Read More)Source link
Coinbase Users Are Losing $300M a Year to Social Scams, ZachXBT Says
Coinbase (COIN) users lost over $65 million to social engineering attacks in the past two months with an estimated $300 million lost to such attacks annually, crypto sleuth ZachXBT said in an X post Monday.The actual figure lost might be higher, because the amount doesn't include unreported cases, ZachXBT said.Coinbase has not publicly commented on the matter and did not respond to a CoinDesk request for comment before publication.Scammers utilize stolen personal data to deceive users by sending fake emails that mimic Coinbase's official communications, including false case IDs prompting users to transfer funds to scammer-controlled wallets, ZachXBT said.“Scammers clone the Coinbase site nearly 1:1 and allow the scammers to send different prompts to the target via spoofed emails using...
Cryptomus Offers ‘Endless Possibilities’ With High Liquidity Platform
With over 400,000 customers, including 100,000 institutional clients, the centralized crypto exchange supports a plethora of assets.Source link
SEC Urged to Support Staking in U.S. Crypto Landscape
An analysis of the SEC's impact on staking in the U.S., highlighting potential steps to enhance blockchain security and innovation through supportive regulation. (Read More)Source link