Crypto
- Business
Investors closes in on acquiring CoinDesk for $125 mn: Report
San Francisco: A group of investors is reportedly in final stages to acquire cryptocurrency news company CoinDesk for about $125 million. CoinDesk is currently owned by crypto conglomerate Digital Currency Group (DCG),…
- Technology
Over 1K new crypto coins listed in market in 5 months despite tight regulations
New Delhi: More than 1,000 new crypto coins have been listed in the market in the past five months, despite tighter regulations on crypto firms, bringing their total to 9,708 in July,…
- Business
Crypto, blockchain sector saw $2.32 bn investment in Q2, lowest since Q4 2020: Report
San Francisco: The crypto and blockchain sector witnessed an investment of $2.32 billion in Q2 2023, marking a new cycle low and the lowest since Q4 2020, continuing a downtrend that began…
- Business
Crypto firm Circle lays off staff, cuts investments in non-core activities
San Francisco: US-based cryptocurrency company Circle which manages stablecoin USDC (USD Coin), has announced that it is reducing its workforce and cutting investments in non-core business activities. Jeremy Allaire, CEO of Circle,…
- Technology
Hackers extort money in crypto, threatens to expose embarrassing & illicit content
New Delhi: Email fraudsters are attempting to extort money from potential victims by threatening to release embarrassing or illicit material, targeting more than 10 work email accounts at a time, and making…
- Technology
Ex-Amazon cybersecurity professional accused of stealing $9 mn in crypto
San Francisco: Shakeeb Ahmed, a former senior security engineer at Amazon, has been accused in the US of hacking a famous cryptocurrency exchange and stealing around $9 million in crypto. The US…
- Technology
Hackers stole $30 bn in crypto since 2012: Report
San Francisco: More than $30 billion in cryptocurrency has been hacked in 1,102 documented incidents from 2012 to the present, a new report has shown. According to the blockchain security firm SlowMist,…
- Technology
Crypto fugitive Do Kwon sentenced to 4 months in prison for passport forgery
Rome: A Montenegro court has sentenced Do Kwon, the co-founder of Terraform Labs, and one of his aides to four months in prison on charges of using fake passports. Kwon, 32, who…
- Technology
Researchers stole Samsung Galaxy S8’s crypto key via iPhone 13 Pro Max
New Delhi: Security researchers have used the video camera of an iPhone 13 Pro Max to steal a cryptographic key from a Samsung Galaxy S8 smartphone. Researchers from the Ben-Gurion University of…
- Technology
Hackers impersonate crypto news journalists, steal $3 mn
San Francisco: A hacking group called ‘Pink Drainer’ has been impersonating journalists in phishing attacks in order to compromise Discord and Twitter accounts and steal cryptocurrency. According to anti-scam platform ScamSniffer analysts,…
- Technology
US SEC sues crypto exchange Coinbase
Washington: A day after suing crypto exchange Binance, the US Securities and Exchange Commission (SEC) on Wednesday charged Coinbase with operating its crypto asset trading platform as an unregistered national securities exchange,…
- Technology
US SEC sues Binance, its CEO over lying to regulators, mishandling funds
San Francisco: The US Securities and Exchange Commission (SEC) has sued leading crypto exchange Binance, its CEO Changpeng Zhao and BAM Trading and BAM Management over allegedly mishandling funds and lying to…
- Technology
Atomic Wallet faces security breach, loses over $35 mn in crypto
London: Atomic Wallet, a mobile and desktop crypto wallet allowing users to store various cryptocurrencies, has experienced a security breach and lost over $35 million in crypto assets since June 2. ZachXBT,…
- Business
Crypto exchange Binance denies rumours of 20% staff cut
San Francisco,: Leading blockchain and cryptocurrency platform Binance has responded to rumours about the company cutting its staff by 20 per cent. Binance, which employs about 8,000 people, reportedly laid off 20…
- Business
Monthly crypto exchange volume sees drop in May, reaching 32-month low
San Francisco: The total money being invested in the crypto market has reached a 32-month low in the month of May. According to data from The Block, cryptocurrency monthly exchange volume, which…