Improvements being made to the crypto exchange will make onboarding easier Coinbase has made great leaps in solving one of its most berated customer support issues: unjustified account freezes. CEO Brian Armstrong stated in a tweet on June 6 that the cryptocurrency exchange has reduced such incidents by 82%, crediting recent improvements in its technology
Tag: Cryptocurrency
Android Banking Trojan Crocodilus Returns, Targeting Crypto Users Around the Globe
The newest variation is an adaptation to a dangerous virus circulating for years A newly evolved version of the Android banking trojan known as Crocodilus is spreading fast, now targeting cryptocurrency users and banking customers worldwide, according to cybersecurity firm ThreatFabric. First spotted in March 2025, Crocodilus initially focused on Turkish users by disguising itself
Robinhood Finalizes Acquisition of Crypto Exchange Bitstamp
Sunday Recap: $50 Million OSS XL finishes final weekend. The $50 Million OSS XL just finished its final weekend and our biggest series ever didn’t disappoint! But that was just part of another action-packed day at the tables. Read all the details in our June 1st Sunday Recap. Three OSS XL Main Events We had
French Police Make Dozens of Arrests Following String of Crypto-Related Kidnappings
Several cryptocurrency entrepreneurs have faced attempted kidnappings in France recently French police have arrested and charged 25 people, including six minors, after a series of kidnappings and attempted abductions that targeted individuals linked to the cryptocurrency industry. The group, aged 16 to 23, is being investigated for planning and carrying out attacks on well-known crypto
Two NYPD Officers Implicated in Recent Cryptocurrency Torture Case
The two officers have been placed on modified duty pending the outcome of an investigation Two New York Police Department detectives have been placed on modified duty amid an investigation into their alleged connection to a cryptocurrency-related kidnapping and torture case in Manhattan. The officers, Roberto Cordero and Raymond J. Low, are accused of involvement
US Labor Department Rescinds Biden Administration Cryptocurrency Policies
The change will make it easier for retirement benefit programs to invest in cryptocurrency The US Labor Department has formally revoked a policy of the Biden administration that dissuaded investing cryptocurrency in retirement plans like 401(k)s. The action, which was announced yesterday, reverses 2022 guidance that advised plan sponsors to be extremely cautious with digital
Block, Inc. To Roll Out Bitcoin Payments on Square
Jack Dorsey has confirmed that Bitcoin will soon be an option on the payments platform Block, Inc., the financial technology company led by Jack Dorsey, is preparing to launch Bitcoin payment options through its Square platform. The rollout is set to begin later this year and will expand gradually, with full availability expected in 2026,
Coinbase Faces New Lawsuit Over Security Breach
The lawsuit arrives as more details surface about the recent attack Coinbase is facing fresh legal trouble following a recently disclosed data breach and a past regulatory violation in the UK. A new proposed class-action lawsuit, filed by investor Brady Nessler on May 22 in a Pennsylvania federal court, alleges the crypto exchange failed to
Crypto Investor Allegedly Tortured NY Man for Weeks To Steal Wallet Password
37-year-old John Woeltz was arrested after the victim was able to escape and summon the police A cryptocurrency-related crime in New York has led to serious charges after a man was allegedly held captive and tortured for weeks in an attempt to steal access to his Bitcoin holdings. According to police, 37-year-old John Woeltz was
US Tourist in the UK Robbed of Cryptocurrency Holdings by Fake Taxi Driver
The victim reportedly lost $123,000 in the heist, although it isn’t clear how the thief knew of the wallet A US tourist visiting London became the victim of a robbery involving cryptocurrency after getting into a car he believed was an Uber. Jacob Irwin-Cline, who was out for drinks one night, requested a ride through
Recent Coinbase Breach Reportedly Worse Than First Indicated
New research shows that almost 70,000 user accounts may have been compromised New details have surfaced about a recent data breach at Coinbase, revealing that the impact may be far more serious than initially believed. According to a filing submitted to the Maine attorney general’s office, nearly 70,000 user accounts were compromised in the cyberattack,
Unicoin Crypto Platform Charged in $100 Million Fraud Case
The SEC is targeting Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex Dominguez The US Securities and Exchange Commission (SEC) has filed a lawsuit against crypto platform Unicoin and several of its top executives, accusing them of misleading investors in a $100 million scheme. The complaint, filed in a federal