Coinbase (COIN) failed to properly secure customers' accounts, leaving them vulnerable to theft and unauthorized transfers, a putative class action lawsuit filed against the crypto exchange last week …
Samsung Working on South Korean Crypto Exchange
Samsung’s securities company and other traditional brokerages plan to launch a crypto exchange next year. Samsung and several others could launch a crypto exchange. According to a report from NewsPim …
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deBridge Finance crypto platform targeted by Lazarus hackers
Hackers suspected to be from the North Korean Lazarus group tried their luck at stealing cryptocurrency from deBridge Finance, a cross-chain protocol that enables the decentralized transfer of assets …
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BlueBenx fires employees, halts funds withdrawal citing $32M hack
BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian …
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Crypto Exchange dYdX Blocked Accounts That Received Even Small Amounts From Tornado Cash
Cryptocurrency exchange dYdX said it blocked user accounts with even a token link to Tornado Cash, the crypto-mixing service sanctioned Monday by the U.S. Treasury Department. The Treasury …
Hodlnaut Becomes Latest Crypto Lender to Halt Withdrawals
Those thinking that the recent turmoil in the cryptocurrency market has abated may need to reassess. Singapore-based crypto lender Hodlnaut became the latest in a string of digital-assets firms to …
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Nearly $5M Swiped From Self-Proclaimed ‘World’s Most Secure’ Exchange ZB.com
ZB.com, a cryptocurrency exchange that stopped accepting deposit and withdrawal requests on August 2, has had roughly $4.8 million taken from its hot wallet in a probable attack. Nearly $5 million has …
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Kraken, a U.S. Crypto Exchange, Is Suspected of Violating Sanctions
Kraken, one of the world’s largest cryptocurrency exchanges, is under federal investigation, suspected of violating U.S. sanctions by allowing users in Iran and elsewhere to buy and sell digital …
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Coinbase under investigation after outburst against SEC
Just days after the leading U.S. crypto exchange admonished the SEC for inserting itself into an ongoing case of insider trading prosecuted under wire fraud, the company appears to find itself the …
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Looming Legal Issues in Cryptocurrency Bankruptcies
The U.S. bankruptcy system is getting its first experience dealing with cryptocurrency businesses. It’s impossible to identify every possible novel cryptocurrency issue in bankruptcy in advance, but …
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