Binance Clients Fall Victim to $27M Theft and $13M Extortion Scheme

Two separate incidents of theft targeting Binance clients have recently come to light. In the first incident, an attacker stole $27 million worth of Tether (USDT) from a victim connected to Binance. While some reports suggest that Binance’s own contracts were hacked, a Binance spokesperson stated that the user made a valid withdrawal from Binance, […]

Crypto Overtakes Stocks and ETFs as Top Investment Choice for French Retail Investors

Crypto has become the preferred investment choice for new retail investors in France, surpassing stocks and exchange-traded funds (ETFs), according to a study conducted by France’s financial markets regulator, Autorité des Marchés Financiers (AMF), and the Organization for Economic Co-operation and Development (OECD). The study revealed that 9% of French adults own cryptocurrencies like Bitcoin […]

Google Parent Company Alphabet Divests All Robinhood Shares

Alphabet Inc., the parent company of Google, has sold off all of its shares in Robinhood Markets, according to a recent filing. This move comes as trading volumes on the popular commission-free trading app have declined. Alphabet had previously been a significant investor in Robinhood but has been gradually reducing its stake over time. The […]

Proposed Rule Could Broaden Definition of Brokers in Digital Asset Transactions

Senator Rob Portman clarified on the Senate floor that brokers sell on behalf of someone else and do not just provide ancillary services. However, a proposed rule aims to expand the definition of brokers to include not only those who directly act as dealers or agents in digital-asset transactions, but also a broad category of […]

Possible Title: Potential Hack on Binance Wallet Raises Concerns Over Security of $27 Million in Stablecoins

Crypto exchange Binance may have fallen victim to a hack, potentially losing $27 million worth of stablecoins. The hack is yet to be confirmed, but it is believed to have targeted one of Binance’s wallets, making it quite a significant achievement for the individual or group responsible. The transaction hash associated with the hack suggests […]

French Millennials Embrace Crypto Investments, Relying on Digital Sources for Information

The investment landscape in France is experiencing a significant shift, with a growing interest in cryptocurrency among younger citizens. According to a recent study conducted by the Autorité des marchés financiers (AMF), nearly one in four French adults are engaged in investments in financial instruments or crypto-assets. This represents a considerable increase in retail investment […]

New Phishing Scam in China Targets Crypto Users with Fake Skype Video App

A new phishing scam has emerged in China, targeting cryptocurrency users. The scammers are using a fake Skype video app to deceive users and steal their funds. The scam takes advantage of China’s ban on international applications, as mainland users often search for these banned apps through third-party platforms. The hackers have created a fake […]

New Phishing Scam in China Targets Crypto Users with Fake Skype Video App

A new phishing scam has emerged in China, targeting cryptocurrency users. The scammers are using a fake Skype video app to deceive users and steal their funds. The scam takes advantage of China’s ban on international applications, as mainland users often search for these banned apps through third-party platforms. The hackers have created a fake […]

French Millennials Embrace Crypto Investments, Relying on Digital Sources for Information

The investment landscape in France is experiencing a significant shift, with a growing interest in cryptocurrency among younger citizens. According to a recent study conducted by the Autorité des marchés financiers (AMF), nearly one in four French adults are engaged in investments in financial instruments or crypto-assets. This represents a considerable increase in retail investment […]

SEC Charges SafeMoon and Executives with Fraud and Unregistered Securities

SafeMoon, a crypto company, and its executive team have been charged by the SEC for offering unregistered securities and engaging in fraudulent activities. The SEC alleges that SafeMoon’s CEO, CTO, and creator wiped out billions in market capitalization, withdrew $200 million in crypto assets, and misappropriated investor funds for personal use. Despite claims that the […]