FPG cryptocurrency broker disabled withdrawals after hacking
Cryptobroker Floating Point Group (FPG), which has $50 billion in assets under management, reported a "cybersecurity incident" and stopped trading and depositing and withdrawing funds. So far, there aren't too many details about the hack. FPG offic ...
Coinbase user warned of a phishing scam targeting customers
Cryptotrader and entrepreneur Jacob Canfield, who uses the Coinbase trading platform, warned his subscribers about a phishing scam targeting the exchange's customers. Trader Jacob Canfield said he received a text message as if his two-factor author ...
Sturdy Finance offered the hackers $100,000 if the stolen funds were returned
Hacked decentralized finance (DeFi) protocol Sturdy Finance offered $100,000 to attackers if they returned stolen funds. It was recently revealed that Sturdy Finance lost $800,000 in cryptocurrency as a result of the hack. Attackers were able to wi ...
Alma-Ata resident fined for exchanging cryptocurrencies
The Financial Monitoring Agency of Kazakhstan reported that a certain individual entrepreneur from the largest city of the republic from 2019 to 2022 was engaged in the exchange of cryptocurrencies for fiat money for commissions.. The total income ...
Cryptocurrency trading volumes on Robinhood dropped by 43%
American financial company Robinhood announced that cryptocurrency trading volumes on its platform fell 43% in May compared to April of this year.</div Representatives of the company admitted that in May they faced a sharp decline in the volume of cry ...
Ripple (XRP) is gaining momentum despite growing market volatility
Despite increased volatility in altcoin markets, Ripple (XRP) has been consolidating near $0.52 for most of the past two weeks . It remains unclear, however, whether the optimistic whales and new users flocki ...
Outflows from Coinbase and Binance reached $4 billion in a week
The Coinbase and Binance exchanges, which were sued by the U.S. Securities and Exchange Commission (SEC), lost about $4 billion in less than a week, Nansen and Glassnode said. To be precise, trading floors lost $3.1 billion in ethers and $864 milli ...
Solana (SOL) reached an important support level after falling 42%
<div class="intro-text py-3 font-medium " data-block_6487119e9f5a2 Solana (SOL) collapsed 42% last week, reaching an important and final support level at $15. If this level is broken, the price may fall even more . The SOL price is currently at the last support le ...
ScamSniffer: Hacker group posed as journalists to steal crypto-assets
According to security platform ScamSniffer, Pink Drainer hackers accessed 1,900 accounts and stole $3 million in crypto assets from Arbitrum, BNB Chain, Mainnet, Polygon and Optimism. ScamSniffer experts report that a group of Pink Drainer hackers ...
Cryptocurrency Emirates: the nuances of regulation in Dubai and the UAE
United Arab Emirates sets an example of crypto-regulation, in stark contrast to the American and European models. Every emirate is free to experiment, and doesn't hesitate to do so. There are two peculiar closed free zones in the UAE, where the cry ...