Category: Suffers

  • Crypto Industry Suffers $385 Million Loss To Hackers

    In May, the cryptocurrency community suffered massive losses to hackers, resulting in the highest loss toll recorded in 2024 so far.. according to a report From blockchain security firm Peckshield, hackers were able to steal $385 million in May, highlighting the sophistication of these bad actors and the ongoing need…

  • Coinbase Bears The Brunt Of Supreme Court’s Dogecoin Verdict, DOGE Suffers 4% Slump

    In a recent ruling that may have implications for the cryptocurrency industry, the US Supreme Court unanimously sided against US-based cryptocurrency exchange Coinbase, over the 2021 Dogecoin (DOGE) coin. the lottery He disputes. the Court decisionJudge Ketanji Brown-Jackson rejected Coinbase’s argument that a ruling against it would lead to legal…

  • Coinbase Bears The Brunt Of Supreme Court’s Dogecoin Verdict, DOGE Suffers 4% Slump

    In a recent ruling that may have implications for the cryptocurrency industry, the US Supreme Court unanimously sided against US-based cryptocurrency exchange Coinbase, over the 2021 Dogecoin (DOGE) coin. the lottery He disputes. the Court decisionJudge Ketanji Brown-Jackson rejected Coinbase’s argument that a ruling against it would lead to legal…

  • Crypto Exchange Rain Suffers Devastating $14.8M Exploit, Funds Swiftly Converted And Divided

    Bahrain-based cryptocurrency exchange Rain has fallen victim to a stunning $14.8 million exploit, as revealed by renowned blockchain investigator ZachXBT. This disturbing incident is a stark reminder of the ongoing security vulnerabilities that continue to plague the digital assets landscape. Anatomy of rain exchange exploitation Image courtesy: Rain exchange According…

  • SEC Suffers Embarrassing Blow To Anti-Crypto Bill, Ripple CLO Celebrates The Victory

    The US Securities and Exchange Commission (SEC) has faced another embarrassing setback, issuing an anti-cryptocurrency bill Proposal By the regulator it was completely closed before United States Senate. Stuart Alderotti, Ripple’s chief legal officer (CLO), publicly celebrated this result, marking a noteworthy victory for the cryptocurrency industry. The SEC’s anti-cryptocurrency…

  • SEC Suffers Embarrassing Blow To Anti-Crypto Bill, Ripple CLO Celebrates The Victory

    The US Securities and Exchange Commission (SEC) has faced another embarrassing setback, issuing an anti-cryptocurrency bill Proposal By the regulator it was completely closed before United States Senate. Stuart Alderotti, Ripple’s chief legal officer (CLO), publicly celebrated this result, marking a noteworthy victory for the cryptocurrency industry. The SEC’s anti-cryptocurrency…