Wallets & Exchanges

Crypto scammers stole over $6 million from a meme coin investor using a fake Zoom meeting link that was part of a phishing attack. On Nov. 11, scammers drained approximately $6.09 million worth of the meme coin Gigachad (GIGA) from a whale investor after tricking them into clicking a malicious link that impersonated a Zoom meeting invitation. The victim, who …

PayProtocol AG, the issuer of Paycoin, announced plans to terminate its virtual asset custody service for the Paycoin app in South Korea.  This decision stems from challenges in the domestic regulatory environment, which have prevented PCI’s payment services from resuming since February 2023. The company has decided not to renew its Virtual Asset Service Provider registration when it expires in …

Revolut X, a stand-alone crypto exchange launched by neobank Revolut, is now available for customers across 30 new European countries. London-based fintech giant Revolut is expanding its standalone crypto exchange Revolut X across dozens of new countries in the European Economic Area in a bid to broaden its reach in the crypto space. In a Nov. 13 press release shared …

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As the digital economy grows, so does the risk of asset theft, fraud, and cyberattacks. High-profile breaches—like the WazirX hack in which millions of dollars were stolen—have exposed the vulnerabilities in existing security frameworks. To protect their …

The fall of the Dogecoin price below $0.40 triggered a surge in its trading volume and leading South Korean exchanges are profiting from it. Dogecoin (DOGE) declined by 5% in the past 24 hours and is trading at $0.385 on major exchanges — Binance, Bybit, Coinbase and OKX — at the time of writing.  DOGE price | Source: crypto.news Despite …

Creator of layer 2 blockchain Base, Jesse Pollak has joined the executive team at Coinbase as engineering vice president while also leading Coinbase Wallet. Jesse Pollak announced on his X account on Oct. 1, that he will be leading Coinbase Wallet and joining its eight-member executive team in addition to leading Base (BASE). He stated that Base and Coinbase share …

Cryptocurrencies are now a big thing in today’s financial scene. As digital assets gain more traction, we’ve seen a ton of cryptocurrency exchanges pop up where you can buy, sell, and trade different cryptocurrencies. But with so many choices out there, it’s crucial to know the types of exchanges and how to pick the one that fits your needs best. …

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The swift integration of digital payments has positioned web3 wallets as a central component of today’s financial ecosystem. In light of Thailand’s $13 billion digital wallet initiative, the question of how to build secure and scalable web3 …

Ethereum is still struggling to reach its March high of $4,000, let alone the all-time high of $4,891 in November 2021. Ethereum’s (ETH) on-chain movements along with its decentralized finance sector have remained strong while the leading altcoin is seeing high price volatility amid market turbulence.  ETH briefly touched a four-month high of $3,444 on Tuesday, Nov. 12. Following the …

MrBeast and members of his YouTube influencer circle allegedly profited millions of dollars from questionable crypto deals, according to a group of on-chain investigators. With 320 million YouTube subscribers, James Stephen “Jimmy” Donaldson, also known as MrBeast, is one of the world’s most prominent social media figures. His massive platform has served as a marketing channel for aspiring and sometimes …