Blockchain News

SEC Charges Crypto Project Unicoin Over 0M Token Sale Fraud

SEC Charges Crypto Project Unicoin Over $100M Token Sale Fraud

Leave a Comment / Blockchain News, Crypto Fraud, SEC /

The SEC on Tuesday charged crypto project Unicoin and three of its senior executives with running a fraudulent offering that raised more than $100m from thousands of investors. The complaint names CEO and board chairman Alex Konanykhin, former president and board chairwoman Silvina Moschini and former chief investment officer Alex Dominguez. It accuses them of […]

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AML Agency Tells Russians: Crypto Exchanges Send Us Your Transaction Data

AML Agency Tells Russians: Crypto Exchanges Send Us Your Transaction Data

Leave a Comment / Blockchain News, crypto exchange, Russia /

Moscow’s AML agency has warned Russians that crypto exchanges and brokers operating in the country are providing police with transaction data. Per the Russian media outlet RBC, the claim came from Olga Tisen, head of the legal department of the Federal Service for Financial Monitoring (Rosfinmonitoring). Warning for Russians: Crypto Exchanges Are Working With Police

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Ripple CEO Slams Sen. Lummis After Canceled Talks – B Circle Bid Looms

Ripple CEO Slams Sen. Lummis After Canceled Talks – $5B Circle Bid Looms

Leave a Comment / Blockchain News, News, Regulation, ripple, Stablecoin /

Key Takeaways: Garlinghouse’s criticism of Lummis comes as Ripple attempts to expand its influence in Washington while pursuing a $4–5 billion bid to acquire USDC issuer Circle. Circle rejected Ripple’s offer and is still in talks with both Ripple and Coinbase while targeting a $5 billion IPO valuation. Coinbase is viewed as a stronger suitor

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Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s .8B Crypto Outflow?

Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s $40.8B Crypto Outflow?

Leave a Comment / Blockchain News, News, Presidential Elections, South Korea, Stablecoin /

South Korea’s opposition leader, Lee Jae-myung, proposed launching a won-backed stablecoin on May 20 to stem the 56.8 trillion won ($40.8 billion) crypto outflow and reduce dependence on foreign stablecoins like USDT and USDC. The Democratic Party presidential candidate’s broader digital asset strategy also includes legalizing spot crypto ETFs and allowing institutional crypto investments under

Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s $40.8B Crypto Outflow? Read More »

TechCrunch Founder Warns Coinbase Data Breach “Will Lead to People Dying”

TechCrunch Founder Warns Coinbase Data Breach “Will Lead to People Dying”

Leave a Comment / Blockchain News, Coinbase, Data Breach, Michael Arrington, News /

In a strongly worded post on social media platform X, TechCrunch founder and prominent investor Michael Arrington sounded the alarm over the human cost of the recent Coinbase data breach. According to Arrington, the hack, which reportedly exposed customer home addresses and account balances, poses more than just a financial threat. I am a long

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TechCrunch Founder Warns Coinbase Data Breach “Will Lead to People Dying”

US Justice Department Launches Probe Into Coinbase Breach

Leave a Comment / Blockchain News, Coinbase, DOJ /

The US Justice Department has opened an investigation into a recent security breach at Coinbase Global. Bloomberg reported Monday that the probe focuses on how cybercriminals bribed employees and contractors in India to steal sensitive customer data, which was then used in an extortion attempt. The investigation is being led by the department’s criminal division

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Procolored Printer Drivers Slip Bitcoin-Stealing Trojan, Draining 0K from Users

Procolored Printer Drivers Slip Bitcoin-Stealing Trojan, Draining $950K from Users

Leave a Comment / Bitcoin, Bitcoin News, Blockchain News, Malware, News /

Key Takeaways: Procolored’s official driver downloads contained XRedRAT (a remote access trojan) and SnipVex (a Bitcoin clipboard hijacker). The malware, linked from Procolored’s own support site, swapped copied Bitcoin addresses to redirect funds to attackers, netting around 9.3 BTC. After public exposure, Procolored’s parent company, Tiansheng, removed the infected files, blaming the breach on USB

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CryptoQuant Finds TRON Moving B USDT Daily in 2025, Surpasses Ethereum

CryptoQuant Finds TRON Moving $23B USDT Daily in 2025, Surpasses Ethereum

Leave a Comment / Altcoin News, Blockchain News, cryptoquant, News, Payments, TRON /

TRON has firmly established itself as one of the most actively used blockchain networks in the world for payments, according to recent research from CryptoQuant. TRON > Ethereum for USDT TRON now leads stablecoin activity: – $75.8B USDT supply– $23.4B daily volume– 2.4M daily txs vs ETH’s 284k Stablecoin crown secured. pic.twitter.com/kEnMzGN8a1 — CryptoQuant.com (@cryptoquant_com)

CryptoQuant Finds TRON Moving $23B USDT Daily in 2025, Surpasses Ethereum Read More »

Tinian Defies Veto, Unveils First U.S. Public USD Stablecoin on eCash Network

Tinian Defies Veto, Unveils First U.S. Public USD Stablecoin on eCash Network

Leave a Comment / Adoption, Blockchain News, News, Stablecoin /

Key Takeaways: Tinian has become the first public entity in the United States to approve and prepare the issuance of a USD-backed stablecoin (Marianas US Dollar, or MUSD). The MUSD stablecoin, backed by cash and U.S. Treasuries, and running on the eCash blockchain, is designed to help Tinian diversify its economy. The stablecoin legislation also

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SEC Probes Coinbase Over Misrepresentation of User Data: Report

SEC Probes Coinbase Over Misrepresentation of User Data: Report

Leave a Comment / Blockchain News, Coinbase /

Coinbase is reportedly facing an investigation by the SEC over the accuracy of its reported user numbers. The SEC has focused on a figure Coinbase included in its public filings and marketing materials, claiming it had over 100m “verified users,” the New York Times reported Thursday. This data point was initially presented in the company’s

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