Author: John Smith
Coinbase refused to pay a $20 million ransom after a separate data breach. A class-action lawsuit accuses Coinbase of withholding key risk information. The FCA fined Coinbase $4.5 million for compliance failures tied to the breach. A global spoofing scheme that siphoned off more than $20,000,000 in cryptocurrency by impersonating Coinbase has been dismantled with help from the exchange itself. The takedown, carried out by US law enforcement in partnership with Coinbase’s legal and security teams, resulted in the arrest of Chirag Tomar, identified as the ringleader behind the elaborate scam. While the move is seen as a major step…
JPMorgan Chase cards can be used for crypto purchases on Coinbase this fall. Chase rewards points will be redeemable for USDC starting in 2026. JPMorgan Chase accounts to link directly with Coinbase for easy transfers. In a landmark move signalling the deepening ties between traditional finance and digital assets, Coinbase and JPMorgan Chase have announced a strategic partnership aimed at making crypto more accessible to millions of Americans. This collaboration brings together the largest US bank and one of the most influential cryptocurrency exchanges, introducing a range of new features set to roll out starting this fall and continuing into…
Adam Back’s BSTR Inc. is the fourth largest publicly traded BTC treasury company, yet questions about the source of its coins linger. Source link
The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond. Source link
A day after opening, 23 Tesla Diner reviews had disappeared from Yelp, leaving it with just 14 write-ups, and only a single one-star review. Source link
Bank of International Settlements researchers have quantified a few basis points of measurable impact from stablecoins on US Treasuries. Source link
The DOGE aide and Consumer Financial Protection Bureau official is reportedly involved in layoffs that may boost his BTC and Tesla holdings. Source link
Crypto exchanges report around $55M in RLUSD volume over the last 24 hours — 99.4% less than Circle’s $9.8B for its much larger USDC. Source link
Crypto traders invented the term ‘mNAV,’ a simplistic ratio to explain how much they overpay for crypto holdings. It can exceed 8X. Source link
Bitcoin maximalist Max Keiser claims BTC can “orange pill” Israeli settlers and deter them from chasing Palestinians out of the West Bank. Source link