When it comes to the world of cryptocurrencies, trust is paramount. Unfortunately, the recent data breach at Coinbase reiterates an ugly truth: that the digital economy is rife with manipulative actors ready to exploit vulnerabilities. Qiao Wang, a contributor at Alliance DAO, revealed the disturbing tactics employed by scammers who use insider information to impersonate
Exchanges
In an audacious maneuver, Coinbase CEO Brian Armstrong has openly invited employees from the U.S. Department of Government Efficiency (DOGE) to apply for roles within his cryptocurrency exchange. This initiative, trumpeting a spirit of disruption and efficiency, is more than just a recruitment strategy; it’s a declaration of intent. Armstrong’s words echo a growing dissatisfaction
In the ever-evolving landscape of finance, the cryptocurrency market is undeniably at a crossroads. A sobering report from S&P Global pulls back the veil on the critical issue of liquidity—a metric that remains disappointing when juxtaposed with traditional finance systems. While one might expect digital assets to thrive in a tech-savvy age, factors like market
For those affected by the collapse of FTX, a sliver of hope has emerged as Backpack, the new holder of FTX’s European operations, opens the much-anticipated withdrawal window. This significant step, which began on May 12, is pivotal not just for the financial restoration of former customers, but also for the broader narrative surrounding crypto
The burgeoning realm of cryptocurrency has experienced meteoric growth, attracting a mix of both legitimate investors and opportunistic actors. However, the recent revelations tying President Donald Trump to the controversial crypto exchange Binance raise significant concerns about transparency and accountability in financial systems. The request from Democratic senators for a thorough investigation into these ties
In a bold and strategic move, Coinbase has announced its intention to acquire the crypto derivatives platform Deribit for approximately $2.9 billion. This monumental acquisition is poised to reshape the landscape of cryptocurrency trading, particularly in the burgeoning sector of derivatives. Not only does this deal signify Coinbase’s commitment to expanding its operational capabilities, but
Recent revelations from blockchain investigator ZachXBT have sent shockwaves through the cryptocurrency community, particularly for Coinbase users. Once again, it has come to light that a staggering $45 million has vanished into the ether within just a week, all thanks to well-orchestrated social engineering scams. These not only expose glaring vulnerabilities within Coinbase’s operational framework
The tech landscape shifts rapidly, with innovations emerging at an unprecedented pace. Coinbase’s introduction of the x402 protocol offers a fascinating glimpse into this evolution, turning a previously underused HTTP status code, 402 “Payment Required”, into a robust vehicle for on-chain payments via stablecoins. This move not only consolidates payment transactions into a more automated
The European landscape for cryptocurrencies is witnessing a transformative shift that comes on the back of the implementation of the Markets in Crypto-Assets (MiCA) regulations. While the instincts of many within the crypto community could have led us to view these regulations with skepticism or outright disdain, the truth is that they are fostering an
The tumultuous narrative surrounding the Ethereum-based native token, MOVE, serves as a cautionary tale not just for investors but for the entire cryptocurrency ecosystem. Following Coinbase’s shocking announcement to delist the token, MOVE’s price witnessed an unprecedented decline, plummeting to a historic low of $0.18. This wasn’t merely a market shock; it was a cataclysmic
