30 Jun 2022

Coinbase will reportedly sell crypto user geo-location data to U.S. ICE immigrations and customs agency

Crypto exchange Coinbase analytics program, Coinbase Tracer, will provide the U.S. Immigrations and Customs Enforcement agency (ICE) with data about crypto users, including their “historical geo tracking data” and transaction history, according to a contract obtained by watchdog group Tech Inquiry. The contract adds detail to what was previously known about

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21 Jun 2022

Cloudflare outage hit crypto exchanges FTX, Bitfinex and more

A Cloudflare outage on Tuesday knocked out numerous popular web services, including major crypto exchanges FTX, Bitfinex, and OKX, raising questions about the security of centralized crypto platforms. The CEO of OKX, which saw $1.47 billion in trading volume in the past 24 hours, tweeted asking for “web3 alternative in the

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20 Jun 2022

The Crypto Party Is Over

On Super Bowl Sunday, a Crypto.com ad featuring billionaire NBA star LeBron James lit up millions of Americans’ TVs. “If you want to make history, you gotta call your own shots,” Mr. James said in the 30-second spot for the popular cryptocurrency-trading platform. The words that splashed across the screen

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07 Jun 2022

How Russia’s Invasion of Ukraine Is a Litmus Test for Cryptocurrency Exchanges

Many companies have withdrawn from Russia to protest Russia’s invasion of Ukraine. So far, major cryptocurrency exchanges in the U.S. have resisted, saying they won’t do it unilaterally. This is a principled stand, and it is consistent with the guiding ethos of the cryptocurrency community. After all, these markets serve

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06 Jun 2022

How crypto giant Binance became a hub for hackers, fraudsters and drug traffickers

In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange and stole virtual currency worth some $5.4 million. It was one of a string of cyber heists by Lazarus that Washington said were aimed at funding North Korea’s nuclear weapons programme. Several hours

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24 May 2022

6 Things You Need To Know About Crypto

Despite being around for roughly 13 years and currently in the midst of a market crash, crypto feels like it’s still in a goldrush phase. As hopeful investors pile in with dreams of making big money, many still lack any real knowledge about what they’re getting into. A survey by software

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10 May 2022

Here’s Why You Shouldn’t Leave Your Cryptocurrency In An Exchange

The last thing anyone wants is to somehow lose their cryptocurrency when it could be prevented. This can happen through crypto being stolen while left in an exchange; such a loss could be potentially costly, and you may never see the digital money again. The truth is that although exchanges

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21 Apr 2022

Crypto exchange Binance deactivating accounts in Russia

Cryptocurrency exchange service Binance has announced that it will deactivate user accounts in Russia amid Moscow’s war with Ukraine. In a statement on Thursday, the company said Russian residents and Russian companies that hold crypto assets worth over 10,000 euros will be banned from making any deposits and trading within their

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18 Apr 2022

Crypto firm Exmo exits Russia and Belarus by selling part of its business

London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine. Exmo is selling its digital asset business in Russia and Belarus to a Russia-based software development company, which Exmo officially announced on Monday. At the time

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15 Apr 2022

Belarus-born crypto platform halts operations for Russians in response to invasion of Ukraine

Crypto trading company Currency.com has announced it halted operations for clients based in Russia following the country’s “violence and disorder” imposed on the people of Ukraine. In a Tuesday announcement, Currency.com said that Russian residents would no longer be able to access its services following the platform’s decision to stop Russia-based

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