Coingecko Data Breach: June 5 Incident Exposes User Information On June 5, 2024, Coingecko experienced a significant data breach that compromised the personal information of nearly 2 million users. The breach originated from its third-party email platform, Getresponse. Getresponse Email Platform Breach Impacts Coingecko Users Coingecko detected unusual activity on its third-party email marketing platform, …
Bybit, the third-largest offshore cryptocurrency exchange, has resumed user sign-ups and ID verification in Mainland China, despite previous bans and ongoing regulatory contradictions. This unexpected move signals potential shifts in China’s cryptocurrency policies. Bybit Reopens to Chinese Users Bybit’s decision to reintroduce registration features for Chinese residents comes as a surprise. Despite previously complying with …
Is China’s Crypto Ban Over as Bybit Resumes Registration? Read More »
Binance, the leading cryptocurrency exchange globally, has reinstated the option for users to purchase cryptocurrencies using Mastercard. According to a June 6 post on X, Binance has resumed enabling cryptocurrency transactions via bank transfers with Mastercard debit and credit cards to ensure “smooth transactions.” On Binance’s platform, users can now utilize Mastercard for crypto purchases, …
Uzbekistan’s highest Islamic authority has retracted a fatwa against cryptocurrency, blaming “carelessness” for its appearance online and saying it is still studying the issue. On the evening of June 3, the Fatwa Center issued an apology on Telegram for the anticipated ruling, citing “carelessness” and “technical reasons” as the cause. As of the beginning of 2023, residents …
Uzbekistan’s Islamic Authority retracts Crypto fatwa Read More »
Turkey will not tax crypto profits but is considering a limited transaction tax on these assets. Details are still being discussed, according to Finance Minister Mehmet Simsek. Turkish Treasury and Finance Minister Mehmet Simsek announced that there are no current plans to tax profits from cryptocurrencies. However, the government is contemplating a “very limited” transaction …
Turkey Rules Out Crypto Profit Tax, Considers Transaction Tax Read More »
On June 5, U.S. chipmaker Nvidia briefly surpassed Apple to become the world’s second most valuable company by market capitalization, before slipping back to third place. Nvidia’s market cap soared to over $3.01 trillion, just shy of Microsoft’s leading $3.1 trillion valuation. Apple reclaimed its position as the U.S. markets opened on June 6, reaching …
3 Horse Race Between NVIDIA, Microsoft and Apple Read More »
Robinhood plans to acquire Bitstamp for $200 million, expanding its global crypto presence and enhancing services with Bitstamp’s extensive customer base and advanced crypto offerings.
The Ethereum ecosystem has been growing rapidly in the past four years, with the number of daily users having 9x’d in that period. Put on top of that the latest clearance for $ETH ETFs in the US and there are large firms taking notice. Src: Bitwise In a tweet on 6th June 2024, VanEck’s official …
In a move geared towards simplifying DeFi access, leading U.S. crypto exchange Coinbase has launched its highly anticipated Smart Wallet. Promising easy setup and gasless transactions, the wallet targets newcomers to the decentralized finance space. Siddharth Coelho-Prabhu, Coinbase’s senior director of product management, introduced the Smart Wallet in a recent blog post. He highlighted its …
Coinbase Unveils Smart Wallet, Aiming to Bring 1 Billion Users to Crypto Read More »
In a recent statement, Ethereum co-founder Vitalik Buterin voiced strong criticism against the surge of celebrity tokens in the cryptocurrency space, labeling them as superficial and lacking meaningful impact. Buterin’s comments highlight a growing concern about the value and purpose of these celebrity-endorsed digital assets. • Lack of Substance: Buterin argues that celebrity tokens are …
