The crypto exchange's announcement comes as the European Union moves to introduce tighter controls on crypto assets.
EEA customers will be offered to switch to compliant stablecoins like USDC and EURC. Stablecoins tied to fiat currencies face stricter rules under EU regulatory changes.
Tether, which is the largest issuer of stablecoins, has not managed to snag the necessary e-money license in the European Union.
The crypto market is showing increased stability after a week of heightened volatility, according to Coinbase analysts.
Brazil is advancing its Central Bank Digital Currency (CBDC) initiative, Drex, by integrating decentralized finance (DeFi) elements into the project.
Vietnamese police have dismantled an international crypto fraud network, arresting multiple suspects for swindling billions of VND from Vietnamese citizens.
The Ethereum network was the most affected with ERC20 phishing attacks amounting to over $43.3 million stolen from different users in September.
In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that's been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin's dominance (BTC.D) continues to surge and altcoins struggle to keep pace, Astronomer provides a data-driven perspective challenging the prevailing narratives that suggest the era of altcoin seasons may be over.
The number of cryptocurrency hacks and the recovery rate for funds set three-year lows in Q3 2024.
Coinbase will delist certain stablecoins in the European Economic Area by year's end, the cryptocurrency exchange said on Friday, as the industry braces for tougher regulation in the region.
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million.
Coinbase Global Inc. has announced its plan to delist all non-compliant stablecoins from its European platforms by the end of December 2024. This decision comes in response to the European Union's upcoming implementation of the Markets in Crypto-Assets (MiCA) regulations.
There's no point in owning game assets if you can't use them on other platforms.
HSBC, one of the biggest bank in the world, says they have upgraded their private blockchain to be quantum safe for the tokenization of gold.
Brazil is looking for ways to ensure that its central bank-issued digital currency Drex is unique.
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Lejilex, a Texas-based crypto startup, has initiated a legal battle against the U.S. Securities and Exchange Commission (SEC).
Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU's MiCA regulations.
FTX sent out the expected payment schedule, based on prices from the end of 2022. Most token holders will be compensated at a loss, with the exception of a few smaller tokens.
Throughout September 2024, nearly 10,000 crypto phishing victims reportedly lost $46 million to such scams according to a phishing monthly report by ScamSniffer. Out of these lost crypto, one victim lost $32 million following the execution of a forged permit signature, and another victim lost $1 million by merely copying a contaminated transfer address.
Alexander Grieve, Paradigm's VP of Government Affairs, detailed what is wrong with the US Securities and Exchange Commission's (SEC) policies.
With its latest initiative, the Visa Tokenized Asset Platform (VTAP), Visa aims to democratize the use of Ethereum and blockchain for banks, facilitating the issuance of tokens backed by fiat currencies.
Crypto exchange Coinbase is set to delist unauthorized stablecoins from its European branch by year-end, in response to incoming MiCA regulations. U.S.
TL;DR Strategic Move: BBVA will launch a stablecoin in 2025, leveraging Visa's Tokenized Asset Platform (VTAP) to enhance its digital asset services. Visa Partnership: The stablecoin will be developed with Visa, ensuring strong regulatory compliance and leveraging Visa's infrastructure for secure minting, transfer, and settlement of digital assets.
Web3 anti-scam platform Scam Sniffer reported that approximately 10,000 victims lost $46 million to crypto phishing scams in September alone. Scam Sniffer reported that in the third quarter of 2024 alone, crypto phishing losses totaled $127 million.
A recent survey conducted by blockchain software technology company ConsenSys, reveals the importance of pro-crypto voters in shaping the regulatory landscape as the 2024 US presidential election approaches.
Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims.
Phishing attacks continue to cause significant losses for crypto users, with over 10,000 victims losing over $46 million to these scams in September, according to Scam Sniffer, a Web3 anti-scam platform. According to the firm, 10,805 victims lost $46.7 million in various crypto phishing scams last month.
The theft occurred in 2018 when a teenager, Ellis Pinsky, and his 21-year-old accomplice, Nicholas Truglia, bribed an AT&T employee to perform a SIM swap. By transferring the information from Terpin's SIM card to another device, the hackers bypassed the two-factor authentication that protected Terpin's crypto wallets.
More than $46 million was lost to crypto phishing scams in September, with over 10,000 victims affected.
In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism's DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline.
In September, venture capital firms invested a total of $659 million in crypto startups, representing a 3% increase from August.
Japan's new Digital Transformation Minister signals potential crypto tax reform, highlighting the nation's evolving approach to blockchain and driving crypto growth in Asia.
The new anonymous messaging platform from DarkFi bills itself as a highly secure channel for private communication.
Cuban's recent criticism of Gensler's ways is a direct reflection of what the majority of the crypto industry thinks of the SEC Chair.
Lejilex states it will facilitate crypto transactions, not sell securities, and accuses the SEC of overreach.
The world's leading crypto exchange, Binance, has seen its market share dwindle over the past few years according to recent research.
Lejilex has filed for court protection against SEC enforcement, arguing it facilitates crypto transactions, not securities sales, amid regulatory disputes.
Web3 wallets might bring DeFi to the masses, onboarding the next billion users and democratizing access to financial services.
Mark Cuban criticized memecoins as risky and unsustainable, likening them to "rug pulls" that rely on speculation and lack real-world utility.
Bitfinex unveils Version 7.2.0 of its mobile app, featuring a new Fast Pay widget, multiple improvements, and bug fixes to enhance user experience.
U.S. Congresswoman Maxine Waters (D-Calif.), Chairwoman of the House Financial Services Committee, has been one of the most vocal critics of the crypto industry over the past few years.
Funds lost to cryptocurrency phishing scams dropped in September, with roughly $46 million lost by 10,805 victims.
Binance Futures announces updates to its Futures NEXT program, introducing changes to rewards and Picks allocation, effective October 2024.
Japan's new laws could set a precedent for balancing innovation with consumer protection.
In an unexpected turn of events, the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) have taken strong measures to support the recently revived class action lawsuit against Nvidia (NASDAQ: NVDA).
The crypto market has remained calm, with the fourth quarter expected to yield bullish sentiments that will extend into 2025.