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
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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
Robinhood’s recent first-quarter results paint a picture of remarkable growth within the realm of retail crypto trading, boasting a staggering 77% increase in transaction-based revenue, primarily driven by a surge in crypto transactions that reached $252 million. This growth appears to herald a vibrant renaissance amongst retail traders, who, fueled by volatility in the market,
In a pivotal moment reflecting the ongoing battle between personal privacy and government oversight, Coinbase, a major player in the cryptocurrency exchange landscape, has boldly challenged the IRS’s sweeping data collection practices. By submitting an amicus brief to the U.S. Supreme Court, Coinbase is not just fighting for its own users but also standing at
The world of cryptocurrency has always been ripe for volatility and hype, but the memecoin phenomenon elevates this to a fervent level of enthusiasm, often bordering on irrationality. Enter the TRUMP token, a memecoin that cleverly rides on the coattails of one of the most polarizing figures in modern history: Donald Trump. Recent revelations about
In a shocking turn of events, the cryptocurrency exchange Bitget has announced its intention to pursue legal action against eight users, who allegedly made off with over $20 million, thanks to a trading glitch linked to the VOXEL token. This incident raises critical questions about the integrity and reliability of trading platforms in the volatile
As of April 2025, the amount of Bitcoin (BTC) held on centralized exchanges has plummeted to its lowest point since 2019, with only 2.5 million BTC remaining. The trend of diminishing supply on exchanges is disconcerting for those who still cling to the belief that trading platforms provide a secure environment for buying and selling
Coinbase’s battles with five states, including powerhouses like California and New Jersey, tell a story of regulatory overreach and lost opportunity. Since 2023, these lawsuits have cast a dark shadow on the company’s staking program, costing users over a staggering $90 million in potential rewards. The situation not only raises questions of legality but also
