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The upcoming Monero delisting might be a “sign of the slow demise of Binance,” according to some industry observers.

Monero hits 5-month low as Binance plans delisting

Major privacy-focused cryptocurrency Monero has plummeted to multimonth lows amid Binance announcing the upcoming delisting of the token from its platform. Binance will delist Monero&n...

7 months ago

Ethereum (ETH) co-founder Vitalik Buterin and the Ethereum Foundation are actively considering multiple strategies to reduce Ethereum’s maximum block size.

Vitalik Buterin and Ethereum Foundation Explore Strategies to Optimize Blockchain for Rollup-Centric Roadmap

Their goal is to optimize the blockchain for the “rollup-centric roadmap,” which emphasizes the use of rollups for scaling and improving Ethereum’s scalability and efficiency.

7 months ago

Many crypto wallets pocketed over $1.3 million over the weekend after picking up an ample supply of the Ethereum version of meme coin dogwifhat (WIF).

Apparent 'Insiders’ Make Millions After Grabbing Ethereum Version of Dogwifhat

As such, the Ethereum version of dogwifhat isn’t connected to Solana-based WIF, which launched in late November and reached a market capitalization of over $350 million. Over 12 ...

7 months ago

South Korean prosecutors announced the arrests of Haru Invest CEO and two other execs two days after Haru posted another “no information” update.

Haru Invest execs arrested in South Korea on embezzlement charges

South Korean prosecutors have arrested several executives of the troubled cryptocurrency yield platform Haru Invest, which suspended withdrawals in June 2023. The virtual asset crime i...

7 months ago

Hacking Threats Remain a Top Security Concern in Crypto

Kraken’s Security Team Keeps a Low Profile on Social Media By Design

Crypto exchange Kraken is prioritizing security and ensuring its security team maintains a low public profile. Chief security officer Nick Percoco recently told Financia...

7 months ago

According to the U.S. SEC, Brian Sewell allegedly never launched the crypto hedge fund that promised to use AI and other strategies for maximizing returns.

Crypto teacher loses student’s $1.2M investment in fake hedge fund

A crypto trading course instructor is facing charges from the United States securities regulator for misleading 15 students into investing a combined $1.2 million in a hedge fund that promised t...

7 months ago

An employee was invited to an online meeting with the firm’s chief financial officer and other staff, except none of them were real.

Employee loses $25M of firm’s funds after call with deepfake colleagues

Deepfake scammers managed to trick an employee at a multinational firm into sending out more than $25 million of company funds in an elaborate scam that impersonated multiple company executives ...

7 months ago

A malicious actor claims they have a “KodexGlobal” account, allowing them to issue emergency data requests (EDRs) to several major crypto and social media platforms.

Hacker claims to have way to ‘subpoena’ Discord, Binance, Coinbase user info

An online hacker claims they have access to a law enforcement request account, “KodexGlobal,” allowing buyers to subpoena user information from Coinbase, Binance, Chainlink and other...

7 months ago

Cryptocurrency exchange Binance has denied claims of a leak in its security system.

Binance comments on leak in its security system

After an X post claiming Binance user data was available on GitHub, Binance support noted in a post dated Feb. 5 that there are no leaks in the platform’s system and user accounts remain s...

7 months ago

The British Columbia Securities Commission (BCSC) says the now-defunct crypto exchange Einstein Exchange operated as a Ponzi scheme after becoming insolvent in 2018.

Canadian crypto platform Einstein Exchange was Ponzi scheme, says local regulator

The BCSC has disclosed its allegations against Michael Ongun Gokturk, the sole director of three now-defunct crypto companies Einstein Exchange Inc., Einstein Capital Ltd., a...

7 months ago