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800-290-4726 more ways to reach us. Mail. ... figured it was a good time to shift some of the positions he held in his Coinbase account. After encountering some difficulties with the website, Fred ...
Cryptocurrency exchange Coinbase Global Inc. said it resolved technical issues on Sunday night that had prevented U.S. bank account users from making payments or withdrawals for most of the day.
The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent to cryptocurrency wallets controlled by scammers who had ...
This would ultimately be surpassed by the Wall Street Market exit scam of 2019, which had $14.2 million worth of cryptocurrencies stolen just before the site was seized by the authorities. [9] Prosecution is difficult due to the anonymity offered by the darknet. The damage caused by exit scams is estimated to exceed $4.3 billion in 2019. [10] [11]
On January 27, 2022, Qubit Finance (DeFi) lost around $80M worth of Binance Coin due to a flaw in the smart contract that enabled the withdrawal of the said amount in exchange for a deposit of 0 ETH. [33] In March 2022, [34] the largest cryptocurrency theft of the year, US$625 million in ether and USD coin was stolen from the Ronin Network ...
Binance; Coinbase; Kraken; Other data points in the survey included the problems that cryptocurrency traders experience with cryptocurrency exchanges and the expectation of traders. Security and high trading fees are the top concerns. [32] [33] The exchanges are all fairly new and privately held. Several do not report basic information such as ...
Earlier in the day, Coinbase assured customers that it was seeing an improvement in trading and their funds were safe. The outage comes after bitcoin hit $60,000 on Wednesday for the first time in ...
Binance and Coinbase have faced criticism for using arbitration clauses to block class-action lawsuits from users affected by the TerraUSD (UST) collapse. In June 2022, a class-action lawsuit was filed against Binance.US, alleging that the exchange misled investors by promoting UST as a "safe" and "fiat-backed" stablecoin, despite its eventual ...