Security Financial News

13.06 / 01:11

business CFTC SEC security us government eToro Customers eToro halts ALGO, MANA, MATIC and DASH purchases for US customers

Retail trading platform eToro has halted purchases of Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash (DASH) for customers in the United States in response to their labeling as securities in recent SEC lawsuits.

12.06 / 15:01

cryptocurrency Crypto Trading SEC security Former SEC Chief Warns, “Get Out Of Crypto Platforms Now” -What’s Going On?

Former Enforcement Division chief of the U.S. Securities and Exchange Commission (SEC), John Reed Stark, came up with a warning in his Tweet on June 8, 2023. The warning came directly with the label "Get out of crypto platforms now."

12.06 / 08:37

defi Hackers hacks Cybersecurity security Attacker drains $800K from DeFi protocol Sturdy Finance

Decentralized finance (DeFi) protocol Sturdy Finance has lost 442 Ether (ETH), worth almost $800,000 when writing, to a security exploit. The attacker exploited a vulnerability that eventually manipulated a faulty price oracle, allowing them to drain funds from the protocol.

12.06 / 03:09

business Law Adoption SEC security Senate 'Near impossible to know' what is and isn't a security: Mark Cuban on SEC

Billionaire investor Mark Cuban has become one of the latest industry figures to call out the United States securities regulator for purportedly failing to provide cryptocurrency firms with a clear registration process.

11.06 / 20:13

Binance Ripple XRP SEC coinbase security Bitcoin A sideways Bitcoin price could lead to breakouts in ETH, XRP, LDO and RNDR

Altcoin prices crumbled after the United States Securities and Exchange Commission (SEC) announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two biggest crypto exchanges, investors seem to be nervous because the SEC labeled 23 cryptocurrencies as securities in the two lawsuits. That brings the total number of cryptocurrencies termed as securities by the SEC to 67.

11.06 / 07:25

regulation SEC coinbase security Bitcoin The US will find the 'right outcome' for crypto, eventually – Coinbase CEO

Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, emphasized that regulating crypto isn't "rocket science" and is confident that the United States will achieve regulatory clarity, “even if it takes a while.”

09.06 / 20:41

Hackers hacks Cybersecurity security exchanges Mt. Gox Bitcoin Department US Justice Department charges two men in Mt. Gox Hack

The United States Justice Department has unsealed charges against two men it says are responsible for the $400 million hack of former Bitcoin (BTC) exchange Mt. Gox. According to the announcement, 43-year-old Alexey Bilyuchenko and 29 year old Aleksandr Verner allegedly conspired to launder 647,000 BTC they stole from Mt. Gox through a hack of the exchange’s servers.

09.06 / 20:41

Binance defi regulation SEC coinbase security lawsuits DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

09.06 / 15:39

Sport Google security Fraud European Union Google Cloud retail CBDC Customers Today in Crypto: Google Cloud Offers Certain Customers Up To $1M for Cryptomining Attacks, Countdown Until MiCA Enters into Effect Officially Starts, Hong Kong to Lay Foundations to Implement Retail CBDC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

09.06 / 05:23

defi regulation DEX SEC security exchanges Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges

Crypto venture capital firm Paradigm has slammed the U.S. Securities and Exchange Commission’s attempt to redefine the term “exchange” — which would if accepted, bring decentralized exchanges under its purview.

09.06 / 04:53

Law Ripple XRP SEC security Court Lawyers Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers

The judges presiding over Coinbase and Binance’s lawsuits will likely watch the results of the SEC v Ripple case closely, crypto lawyers told Cointelegraph.

08.06 / 21:57

regulation SEC security Scams Fraud Gary Gensler: Crypto market is like 1920s stock market, full of 'fraudsters'

In a June 8 speech at the Piper Sandler Global Exchange & Fintech Conference, United States Securities and Exchange Commission (SEC) Chair Gary Gensler compared the current crypto market to the 1920s U.S. stock market, saying that it is full of “hucksters,” “fraudsters,” and “Ponzi schemes.” Just as Congress cleaned up the stock market by enacting securities laws, the current SEC can also clean up the crypto market by applying these laws, he argued.

08.06 / 09:29

Blockchain Technology regulation Polygon security Polygon president testifies on democratizing the internet with Web3, blockchains

The House Energy and Commerce Committee Subcommittee on Innovation, Data and Commerce gathered on June 7 to discuss blockchain technology and the future of Web3. Crypto industry members including Ryan Wyatt, president of Polygon Labs and legal experts appeared before the committee to engage in a much more amicable dialogue.

07.06 / 09:49

business Binance regulation SEC security Deal sec lawsuit GoPax SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea

The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance could damage the crypto exchange’s business opportunities in South Korea.

07.06 / 01:57

business Law Binance regulation SEC coinbase security lawsuits SEC lawsuits squeeze net worths of Coinbase and Binance CEOs

The net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have suffered heavy blows due to recent lawsuits by the United States securities regulator.

06.06 / 22:03

regulation SEC coinbase security Staking Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations

“Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on June 6. “The SEC [Securities and Exchange Commission] allowed us to become a public company in April 2021, which makes us unique in the crypto industry.”

06.06 / 22:03

business regulation Trading SEC security Bitcoin Regulation Coinbase CEO responds to SEC suit, says team is ‘confident’ in facts and law

Coinbase CEO Brian Armstrong has responded publicly to the United States Securities and Exchange Commission (SEC) lawsuit against his company, stating in a tweet that the team is “confident in our facts and the law” and that it welcomes the chance “to finally get some clarity around crypto rules” in court.

06.06 / 20:45

regulation SEC coinbase security SEC sues Coinbase for breaking US securities rules

The United States Securities and Exchange Commission has filed a lawsuit against New York-based crypto exchange Coinbase for offering unregistered securities.

06.06 / 18:36

Blockchain Technology regulation SEC Cybersecurity security Pro-XRP attorney's phone hacked to promote LAW token

Pro-XRP lawyer, John Deaton, has suffered a phone hack on June 4, after a relentless cyberattack over several days.

06.06 / 17:05

regulation SEC security Terraform Labs Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC

The total number of cryptocurrencies the United States securities regulator has labeled as a “security” has now reached an estimated 61, after adding a few more from its lawsuit against crypto exchange Binance.

04.06 / 04:57

Adoption Cybersecurity security crimes Research Elliptic Elliptic integrates ChatGPT to bolster crypto risk detection

Crypto risk management firm Elliptic has integrated ChatGPT to ramp up its accuracy and speed in detecting crypto threats – a move which comes amid other crypto firms reporting mixed results in its implementation.

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