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US Considers Applying Electronic Fund Transfer Act to Crypto
October 9, 2023
The US Consumer Financial Protection Bureau (CFPB) is considering the application of the Electronic Fund Transfer Act (EFTA) to crypto platforms. The move is aimed at strengthening consumer protections in …
Read moreLearn Concept: Understanding the Impact of Regulatory Changes on Crypto Exchanges
October 9, 2023
Regulatory changes in the cryptocurrency realm can have vast impacts on crypto exchanges, such as Binance, often forcing them to adjust their procedures, services, and strategies. This article explores the …
Read moreStars Arena Covers $3M Exploit Loss: Set to Reopen After Audit
October 8, 2023
The social media dApp Stars Arena has successfully secured funds to reconcile a recent gap of $3 Million resulting from a security exploit. The announcement came after an alarming hack …
Read moreFormer FTX CEO Involved in Controversial Cases: Revelations and Criticisms
October 8, 2023
The ongoing court proceedings involving former FTX CEO Sam Bankman-Fried (SBF) and the now-defunct crypto-exchange continue to reveal significant details. Former FTX CTO Gary Wang testified that SBF allowed Alameda …
Read moreEthereum Worth $8M Returned to Huobi Exchange After Recent Hack
October 8, 2023
In an unexpected development, the hacker who recently stole almost 5000 Ethereum from the HTX Global, earlier known as Huobi exchange, returned the stolen crypto for a 'white-hat' bounty from …
Read moreBinance Adjusts to UK Regulations and Shows Immense XRP Holdings
October 8, 2023
Leading crypto exchange Binance has revealed its plan for operation under the new UK rules in spite of its earlier withdrawal. The exchange company states that it has launched a …
Read moreLearn Concept: Secure Your Cryptocurrency Against Security Breaches
October 8, 2023
Security has always been a significant concern in the world of digital currencies. Recent incidents such as the compromise of the decentralized social media platform, Stars Arena, resulted in the …
Read moreStars Arena on Avalanche Network Loses $3M in Exploit
October 7, 2023
The Avalanche-based decentralized social media platform Stars Arena has been compromised, resulting in the loss of approximately $3M in cryptocurrency. The recent security exploit on the platform, which launched late …
Read moreFall of a Crypto Titan: First Week of Trial Reveals Deep Cracks in Sam Bankman-Fried's Defense
October 7, 2023
The opening week of the former FTX CEO Sam Bankman-Fried's trial has revealed damaging claims about the billionaire's crypto empire. Prosecution led by the U.S. Department of Justice (DOJ) painted …
Read moreLearn Concept: Understanding SIM Swap Attacks and their Impact on Cryptocurrency Users
October 7, 2023
The wave of SIM swap attacks have recently become a major concern for the digital world, including the cryptocurrency ecosystem. Fundamentally, SIM swapping is a type of identity theft where …
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