Coinbase Data Breach Report: Sequoia Capital Executive Among Affected Victims

In a recent report, Sequoia Capital was identified as one of the victims of the Coinbase breach. This breach has raised concerns about the security of cryptocurrency exchanges and the safety of digital assets. Sequoia Capital, a prominent venture capital firm, is among the high-profile investors affected by the breach, highlighting the widespread impact of [...]

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KiloEx DeFi Platform to Provide Compensation for Users Affected by $7.5M Hack

Kiloex Compensation Plan after $7 Million Hack in April Kiloex, a leading cryptocurrency exchange, announced a comprehensive compensation plan following a major hack in April that resulted in a loss of $7 million worth of funds. The platform has taken swift action to address the issue and ensure that users are adequately compensated for their [...]

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SEC staff provides insights on how crypto could be affected by securities laws

The Securities and Exchange Commission (SEC) has released new guidance on how federal securities laws could potentially apply to cryptocurrencies. This development comes as the SEC continues to explore the regulation of digital assets within the existing legal framework. In their guidance, the SEC emphasizes that whether a particular cryptocurrency is considered a security under [...]

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Trumps Crypto Strategy Results in Dumping of ADA, XRP, and SOL Coins, with Bitcoin also Affected

In a surprising move, former President Donald Trump recently revealed his cryptocurrency strategic reserve, causing a widespread dump of altcoins like ADA, XRP, and SOL. This market upheaval subsequently led to a decline in Bitcoin’s value. The news of Trump’s crypto holdings sent shockwaves through the digital currency world. Many were caught off guard by [...]

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Singapore’s Crypto.com to Halt US Institutional Division Citing ‘Limited Demand’

Singapore-based cryptocurrency exchange Crypto.com announced that it intends to halt services for institutional traders in the United States on June 21, 2023. The exchange cited “limited demand” as the reason for suspending its institutional offering. Crypto.com to Cease U.S. Institutional Services on June 21 Crypto.com, the Singapore-based cryptocurrency exchange with 80 million customers worldwide, announced

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Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community

Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been impaired. The project’s native token, MULTI, has experienced a 1% decline in the last 24 hours and a decrease [...]

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