Robinhood’s social media profiles suffered a hack, which the company claims was carried out by a third-party vendor. The hacker allegedly made off with over $8,000 in cash. One of the most popular channels for hackers to find victims is …

Binance began providing proof of reserve following FTX’s collapse to assure its users of its stability. A spokesperson said the exchange is working on moving the collaterals to a dedicated collateral wallet. Binance, the leading cryptocurrency exchange, has admitted that …

Gemini joins other crypto exchanges such as Coinbase in reducing their workforce. This would be Gemini’s third layoff in eight months. Cryptocurrency exchange Gemini has joined the growing list of crypto and tech companies to lay off staff in 2023, …

Parth Dubey January 23, 2023 at 03:48 UTC (3 minutes ago) Chainalysis stated that ransomware attackers extorted at least $456.8 million from victims in 2022, down from $765.6 million in 2021. “Much of the decline is due to victim organizations …

Parth Dubey January 21, 2023 at 13:58 UTC (1 minute ago) The SEC has charged Avraham Eisenberg, popularly known as Mango Avi, with orchestrating an attack on Mango Markets. The agency accused Eisenberg of stealing $116 million worth of digital …

Binance was recently named a counterparty to the unknown exchange Bitzlato, which is currently being investigated for alleged money laundering in the US. Regulators have accused Binance of aiding money laundering and have increased their scrutiny of the exchange. Crypto giant …

Parth Dubey January 19, 2023 at 03:30 UTC (1 minute ago) The Digital Dollar Project (DDP) has asked the American authorities to work on the development of a CBDC. An extended version of the whitepaper was released by DDP which …

China has the most advanced CBDC structure but bans cryptocurrency as a means of payment. The Bank of America believes CBDCs and stablecoins could play a role in how money is defined. Over 90% of central banks are considering issuing …