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US DoJ Said to Open Probe Into Coinbase Data Breach, Firm Claims Involvement of Indian Employees
Coinbase has reportedly claimed that the contractors and employees who were bribed to leak its user data to the cyberattackers were from India. The US Department of Justice (DoJ) has now joined the US Securities and Exchange Commission (SEC) in the ongoing investigation.
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Supreme Court Questions Lack of Crypto Regulatory Measures, Oversight: Report
A Supreme Court bench of Justice Surya Kant and Justice NK Singh reportedly urged Additional Solicitor General (ASG) Aishwarya Bhati to seek clarification on crypto rules from the central government.
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Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
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Coinbase Faces Multiple Lawsuits After User Data Breach: ReportÂ
At least six lawsuits have been filed against Coinbase following a cybersecurity incident that led to a breach of user account data, a report by CoinTelegraph claimed on Monday. The plaintiffs have said that Coinbase failed to train its employees adequately that led to the incident.
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Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
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Bitcoin Price Drops Below $103,000 Amid Ongoing Market Uncertainty
The overall crypto market cap slipped by 0.50 percent in the last 24 hours. Bitcoin and Ether, both registered notable losses on Monday. Tether, Ripple, and Solana followed BTC and ETH into losses. Meanwhile, Monero and Leo managed to log minor gains.
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220 Biggest Buyers Of $TRUMP, Crypto Memecoin Invited For Exclusive Dinner
More than two hundred guests, biggest buyers of $TRUMP, on Thursday will make their way to a ritzy country club just up the Potomac River from Washington, ready for a sumptuous dinner hosted by the president of the United States.
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Elon Musk Changes Name And Display Pic On X Again. Here's What 'Kekius Maximus' Means
Days after changing his display name to "Gorklon Rust" on his social media platform X, Elon Musk has updated his name yet again, this time to "Kekius Maximus".
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WazirX Reimbursement Plan Faces Delay as Singapore Court Extends Existing Moratorium to June 6
WazirX has been directed by the Singapore High Court to complete some more documentation work before giving it the go-ahead to implement its restructuring scheme. For now, the Singapore court has extended its moratorium cover to WazirX and Zettai to 6 June.
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Coinbase Faces Up to $400 Million Reimbursement Cost After Recent Cyberattack
Coinbase has estimated that it could see expenses between $180 million (roughly Rs. 1,541 crore) - $400 million (roughly Rs. 3,426 crore) as it sets to manage the situation after a recent data breach incident. As part of the attack, cybercriminals managed to lure in funds from the exposed users under false claims and Coinbase plans to voluntarily r...
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Bitcoin Price Rises Above $104,000 Mark; JPMorgan Says Bitcoin Could Outperform Gold in H2 2025
The overall crypto market cap rose by under one percent in the last 24 hours. While Bitcoin registered small gains, Ether logged minor losses on Friday, May 16. While Solana, Dogecoin, and Cardano clocked minor losses, Litecoin and Iota managed to see profits.
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Deal In Pakistan With Links To Donald Trump, Asim Munir Under Scrutiny: Report
A deal signed in Pakistan days before the terror attack in Jammu and Kashmir's Pahalgam and India's military response to it, Operation Sindoor, has reportedly come under scrutiny both in New Delhi and Washington over links to Donald Trump's family.
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Coinbase Says Cybercriminals Breached User Data, Demanded $20 Million Ransom
In a video message posted on X, Coinbase CEO Brian Armstrong said that cyber attackers had written to the exchange, claiming to have obtained personal data of a portion of Coinbase users. In exchange for not leaking the data, the attackers demanded a ransom of $20 million (roughly Rs. 171 crore).Â
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Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO
Summer Mersinger, a commissioner of the US Commodity Futures Trading Commission (CFTC), has been appointed as the CEO of the Washington DC-based Blockchain Association. Â May 30 will mark Mersinger's last day of working at the CFTC.Â
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Ethereum Unveils 'Trillion Dollar Security' Initiative: Here's What It IsÂ
The Ethereum Foundation unveiled a security-focussed initiative called "Trillion Dollar Security" on Wednesday. Fredrik Svantes, the protocol security lead of Ethereum, and Josh Stark from the Ethereum Foundation management team have been appointed as the initial co-chairs to oversee the project.
![Gadgets 360 With Technical Guruji: News of the Week [January 11, 2025]](https://c.ndtvimg.com/2025-01/gf6c7oc8_news_640x480_12_January_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [January 11, 2025]")
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US DoJ Said to Open Probe Into Coinbase Data Breach, Firm Claims Involvement of Indian Employees
Coinbase has reportedly claimed that the contractors and employees who were bribed to leak its user data to the cyberattackers were from India. The US Department of Justice (DoJ) has now joined the US Securities and Exchange Commission (SEC) in the ongoing investigation.
-
Supreme Court Questions Lack of Crypto Regulatory Measures, Oversight: Report
A Supreme Court bench of Justice Surya Kant and Justice NK Singh reportedly urged Additional Solicitor General (ASG) Aishwarya Bhati to seek clarification on crypto rules from the central government.
-
Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
-
Coinbase Faces Multiple Lawsuits After User Data Breach: ReportÂ
At least six lawsuits have been filed against Coinbase following a cybersecurity incident that led to a breach of user account data, a report by CoinTelegraph claimed on Monday. The plaintiffs have said that Coinbase failed to train its employees adequately that led to the incident.
-
Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
-
Bitcoin Price Drops Below $103,000 Amid Ongoing Market Uncertainty
The overall crypto market cap slipped by 0.50 percent in the last 24 hours. Bitcoin and Ether, both registered notable losses on Monday. Tether, Ripple, and Solana followed BTC and ETH into losses. Meanwhile, Monero and Leo managed to log minor gains.
-
220 Biggest Buyers Of $TRUMP, Crypto Memecoin Invited For Exclusive Dinner
More than two hundred guests, biggest buyers of $TRUMP, on Thursday will make their way to a ritzy country club just up the Potomac River from Washington, ready for a sumptuous dinner hosted by the president of the United States.
-
Elon Musk Changes Name And Display Pic On X Again. Here's What 'Kekius Maximus' Means
Days after changing his display name to "Gorklon Rust" on his social media platform X, Elon Musk has updated his name yet again, this time to "Kekius Maximus".
-
WazirX Reimbursement Plan Faces Delay as Singapore Court Extends Existing Moratorium to June 6
WazirX has been directed by the Singapore High Court to complete some more documentation work before giving it the go-ahead to implement its restructuring scheme. For now, the Singapore court has extended its moratorium cover to WazirX and Zettai to 6 June.
-
Coinbase Faces Up to $400 Million Reimbursement Cost After Recent Cyberattack
Coinbase has estimated that it could see expenses between $180 million (roughly Rs. 1,541 crore) - $400 million (roughly Rs. 3,426 crore) as it sets to manage the situation after a recent data breach incident. As part of the attack, cybercriminals managed to lure in funds from the exposed users under false claims and Coinbase plans to voluntarily r...
-
Bitcoin Price Rises Above $104,000 Mark; JPMorgan Says Bitcoin Could Outperform Gold in H2 2025
The overall crypto market cap rose by under one percent in the last 24 hours. While Bitcoin registered small gains, Ether logged minor losses on Friday, May 16. While Solana, Dogecoin, and Cardano clocked minor losses, Litecoin and Iota managed to see profits.
-
Deal In Pakistan With Links To Donald Trump, Asim Munir Under Scrutiny: Report
A deal signed in Pakistan days before the terror attack in Jammu and Kashmir's Pahalgam and India's military response to it, Operation Sindoor, has reportedly come under scrutiny both in New Delhi and Washington over links to Donald Trump's family.
-
Coinbase Says Cybercriminals Breached User Data, Demanded $20 Million Ransom
In a video message posted on X, Coinbase CEO Brian Armstrong said that cyber attackers had written to the exchange, claiming to have obtained personal data of a portion of Coinbase users. In exchange for not leaking the data, the attackers demanded a ransom of $20 million (roughly Rs. 171 crore).Â
-
Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO
Summer Mersinger, a commissioner of the US Commodity Futures Trading Commission (CFTC), has been appointed as the CEO of the Washington DC-based Blockchain Association. Â May 30 will mark Mersinger's last day of working at the CFTC.Â
-
Ethereum Unveils 'Trillion Dollar Security' Initiative: Here's What It IsÂ
The Ethereum Foundation unveiled a security-focussed initiative called "Trillion Dollar Security" on Wednesday. Fredrik Svantes, the protocol security lead of Ethereum, and Josh Stark from the Ethereum Foundation management team have been appointed as the initial co-chairs to oversee the project.
