Security News

Lawyers for US-based cryptocurrency exchange Coinbase have requested a federal judge dismiss a lawsuit filed by BiT Global over the firm’s decision to delist wrapped BTC. In a Jan. 21 filing in the US District Court for the Northern District of California, Coinbase asked the court to dismiss the BiT Global complaint, citing the firm’s […]

Crypto.com has announced the launch of an institutional trading platform that will supplement its crypto retail trading mobile application. According to a Jan. 21 announcement, the new platform will feature over 300 trading pairs and enable advanced trading strategies for institutional firms, marking the company’s further expansion into Wall Street. The crypto exchange entered the […]

Coinbase users complained of hours-long delays on Solana transactions as network congestion tied to US President Donald Trump’s Jan. 18 memecoin launch impacted the cryptocurrency exchange. The crypto exchange’s “team is working hard on scaling our Solana infra now,” Coinbase CEO Brian Armstrong said in a Jan. 19 post on the X platform. “Lots of Solana activity […]

US President-elect Donald Trump’s controversial memecoin fell 38% as his wife, incoming First Lady Melania Trump, launched a memecoin of her own, which has hit a value of $6 billion within under two hours. Mrs Trump promoted her self-titled memecoin MELANIA in a Jan. 19 X post that was also shared by her husband. DEXScreener […]

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Nova Labs, the firm behind the open-source Helium Network, just days before SEC chair and known crypto critic Gary Gensler steps down as chair on Jan. 20. The SEC alleges that the company sold unregistered investment products, including those that mine cryptocurrency […]

The United States Securities and Exchange Commission has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro with misleading investors about the financial health of Genesis in the aftermath of the Three Arrows Capital (3AC) collapse. According to the Jan. 17 filing, DCG and Moro have agreed to pay a combined $38.5 […]

MakersPlace, a digital art platform specializing in non-fungible tokens, is shutting down amid a sharp drop in the NFT market. The company, launched in 2018, announced its closure on Jan. 15 after six years of operations. “Ongoing market challenges and funding difficulties have made it impossible to sustain operations while fulfilling our mission,” MakersPlace’s content […]

Arkansas lawmakers have introduced a new bill that would ban crypto mining operations within 30 miles of any US military facility in the state. Senate Bill (SB 60) was introduced by Senator Ricky Hill and House Speaker Brian Evans on Jan. 15, aiming to amend the Arkansas Data Centers Act of 2023 to keep crypto […]

An unexpected bug in an audited smart contract led Virtuals Protocol, a blockchain firm focused on artificial intelligence agents, to issue a timely fix and relaunch its bug bounty program. On Dec. 3, pseudonymous security researcher Jinu contacted Virtuals Protocol after discovering a bug in one of its audited contracts. However, upon reporting the issue, […]

Two US Republican Party lawmakers are calling on the Treasury Department to provide answers to how a Chinese state-sponsored entity hacked and accessed employee workstations. In the Dec. 31 letter to Treasury Secretary Janet Yellen obtained by Law360, Senator Tim Scott, a member of the Senate Banking Committee, and Representative French Hill, the House Financial […]