Category: crypto

Alliance DAO contributor Qiao Wang exposed a social engineering scam targeting Coinbase users following a data breach. Scammers impersonated Coinbase staff, obtained personal data, and tricked users into transferring assets. Coinbase disclosed the breach, terminated insiders involved, and is offering a $20 million reward for information leading to the perpetrators’ arrest. Remediation costs could reach…

UBS, a Swiss lender managing over $1 trillion in assets, reports that wealthy clients are allocating up to 5% of their portfolios to crypto as a hedge against inflation and currency volatility. The bank’s 2025 Global Investment Returns Yearbook highlights the evolving role of crypto in modern portfolio construction, with younger investors more open to…

Telegram’s founder Pavel Durov criticized WhatsApp, calling it a “cheap copycat” and accusing it of smear campaigns against Telegram. He announced a $50,000 contest to showcase Telegram’s innovative features and leadership in messaging. Durov emphasized that WhatsApp users are using delayed versions of features Telegram introduced years ago, highlighting Telegram’s superiority in innovation.

US District Judge Analisa Torres denied a joint motion by the SEC and Ripple for a proposed settlement regarding the sale of XRP. The denial was based on procedural issues and did not reflect a substantive rejection of the settlement. The parties must now refile their motion correctly to proceed with settlement efforts.

The US SEC is investigating Coinbase over alleged misrepresentation of user numbers. The exchange confirmed the probe after a New York Times article. This, combined with a recent scam issue and internal breaches, caused a 6% drop in share price. Coinbase has shifted to reporting “monthly transacting users” and is working with the SEC to…

Telegram has shut down thousands of accounts associated with black-market networks Xinbi Guarantee and Haowang Guarantee, which facilitated over $35 billion in stablecoin transactions. Despite the crackdown, operators are trying to revive their operations on Telegram. Haowang has ceased operations, while Xinbi is attempting a comeback as “Xinbi 2.0.”

TRON DAO in Geneva, Switzerland, has adopted Chainlink Data Feeds as its official data oracle solution for the TRON ecosystem, enhancing security and reliability for DeFi applications. This transition discontinues support for WINkLink and strengthens TRON’s DeFi landscape, with over $5.5 billion TVL secured by Chainlink oracles.

Beginning Jan. 1, 2026, digital asset service providers in the UK must submit customer data to HMRC under the OECD’s Cryptoasset Reporting Framework. Providers must collect details on users who are tax residents in the UK or CARF-adopting countries. Failure to comply could result in penalties of up to £300 per user. The UK Treasury…

Coinbase reported a data breach affecting less than 1% of users, with hackers extorting $20 million in Bitcoin. Insiders leaked sensitive data enabling social engineering scams. User credentials and core infrastructure remained secure. Coinbase terminated compromised employees and is working with law enforcement. The company will compensate affected users and establish a $20 million reward…

Cboe BZX Exchange filed a proposed rule change to list and trade shares of the Canary Staked TRX ETF, the first US-based spot Tron ETF offering staking rewards. The ETF plans to stake TRX holdings for yield, tracks the TRX USD CCIX rate, and aims to differentiate itself in the crypto market. Approval is pending…