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Coinbase Bets On 'Enterprise-Grade' Liquid Staking Business


  Major US-based crypto exchange Coinbase is backing the development of the "first-ever" enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi). According to an announcement from Coinbase on Tuesday, the new liquid staking...

Axie Infinity, NFT and Other Projects Fall Victims of a Phishing Attack


  Messaging platform Discord servers of multiple large NFT collections and crypto projects, including play-to-earn game Axie Infinity, have been compromised, with attackers publishing phishing links that appear to be NFT mints.  Some other affected projects include popular NFT collections...

Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme


Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a total value of over $147 million. Virtual Currency Pyramid Scheme...

New Coinbase Disclosure Reminds Users: 'Not your Keys, Not your Coins'


  Major crypto exchange Coinbase has issued a new disclosure regarding the legal claims of retail users in the event of a bankruptcy event. In simple words, the disclosure to the US Securities and Exchange Commission (SEC) declared that Coinbase would have the right to hold crypto assets of...

‘Wave of Crypto Muggings’ Hits London’s Financial District


  In the UK, thieves are targeting crypto traders in “a wave of crypto muggings,” with police warning that “thousands of pounds have been stolen” by criminals looking out for opportunities to access other people’s wallets and transfer funds into their own accounts, per a new report. The report...

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