Recently, Jameson Lopp, co-founder of CasaHODL, issued a warning about a new phishing scam that is specifically targeting users of the popular cryptocurrency exchange, Gemini. The scam involves a fake data breach notice that aims to deceive users into transferring their funds to malicious actors. The scammers behind this phishing attack falsely claim that Gemini
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The Nigerian court’s decision to postpone the ruling on Binance executive Tigran Gambaryan’s bail application until Oct. 9 raises questions about the justice system’s efficiency. Judge Emeka Nwite’s delay in making a decision after hearing arguments from both the defense and prosecution only adds to the uncertainty surrounding Gambaryan’s case. Gambaryan’s lawyer, Mark Mordi, cited
The landscape of cryptocurrency exchanges has been experiencing a significant shift in market share dynamics, according to a recent report by research firm Kaiko. Coinbase, once the dominant player in the US crypto market with over 50% market share in March, has seen a decline to 41% by September. On the other hand, Bullish, a
In the wake of the recent hack that targeted WazirX’s systems, leading global auditor Grant Thornton conducted a thorough review of Liminal’s infrastructure to ensure its security. The audit, part of Liminal’s comprehensive investigation into the incident, provided assurance that the platform’s frontend, backend, and user interface were not compromised. This reaffirmation of security is
In a recent turn of events, a federal judge has denied Coinbase’s motion to dismiss a class action lawsuit filed by shareholders. The lawsuit alleges that the popular US crypto exchange misled investors about the likelihood of facing legal action from the SEC. The judge’s ruling emphasized that Coinbase and its top executives may have
The recent theft of over $235 million from the Indian crypto exchange WazirX by a hacker has raised concerns in the cryptocurrency community. The hacker has been actively transferring around $10 million through sanctioned Tornado Cash in the past 24 hours, according to blockchain security firm Cyvers. This alarming trend highlights the need for increased
Cryptocurrency exchange WazirX has accelerated the second phase of its fiat currency withdrawal process, launching it on September 3 ahead of the original schedule of September 9. This move comes in the aftermath of a significant security breach that resulted in the theft of over $230 million in user assets. CEO Nishal Shetty took to
Binance CEO Richard Teng has recently spoken out against the Nigerian government for its treatment of Tigran Gambaryan, an American executive who has been detained since February. Teng described the treatment of Gambaryan as inhumane, citing a viral video that captured Gambaryan struggling to walk into a courtroom and emphasizing the need for him to
Cryptocurrency exchange OKX’s Singaporean entity, OKX SG, recently announced that it has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license is highly coveted in Singapore as it allows businesses to operate without daily or monthly transaction limits. To qualify for the MPI license, companies must be registered
Former FTX executive Ryan Salame recently made headlines when he withdrew his petition to dismiss the indictment against Michelle Bond, just days before a crucial court hearing. Salame’s legal team informed Judge Lewis A. Kaplan of the Southern District of New York in a letter dated Aug. 29 that the petition was being withdrawn “without
