The cryptocurrency sphere, celebrated for its revolutionary promise and decentralization, is now grappling with a critical cybersecurity crisis. The recent data breach at Coinbase, a premier cryptocurrency exchange, raises indispensable questions about the security of digital finance and the platforms that claim to protect our assets. When Qiao Wang, a contributor to Alliance DAO, exposed
Exchanges
In a bold move, Coinbase CEO Brian Armstrong has opened the floodgates for innovation by inviting employees from the US Department of Government Efficiency (DOGE) to join his crypto exchange. This isn’t just a chance for a career shift; it’s a clarion call for disruptive thinkers. In a landscape filled with bureaucratic entrenchment, Armstrong reframes
Despite the electric buzz surrounding cryptocurrencies, a compelling report from S&P Global exposes a glaring issue: liquidity is still notably weaker than in traditional finance. This problem stems largely from the fragmented structure of the crypto market, where countless exchanges exist in silos, each with its own unique liquidity metrics. Unlike the unified order books
After an agonizing wait, Backpack has finally opened the withdrawal portal for former FTX EU customers, allowing them to reclaim their lost funds. This monumental step was initiated on May 12, following Backpack’s acquisition of FTX’s European operations in January 2025. The implications of this process go beyond mere fund retrieval; they signal a move
Recently, Democratic senators have taken the bold step of urging an investigation into the potential connections between President Donald Trump and Binance, one of the world’s largest cryptocurrency exchanges. This call for scrutiny, a clear indicator of escalating tensions, underscores how intertwined politics and finance can become, especially when controversial firms like Binance are involved.
In an audacious maneuver, Coinbase has decided to acquire the leading crypto derivatives platform, Deribit, for a staggering $2.9 billion—a transaction poised to be history’s largest within the company’s portfolio. While at face value, this appears to be a remarkable achievement, it simultaneously beckons skepticism about the underlying motivations driving such a hefty investment. In
As the cryptocurrency landscape evolves, new vulnerabilities emerge, exposing unsuspecting users to a plethora of scams that can result in catastrophic financial losses. Recently, blockchain investigator ZachXBT revealed that Coinbase users lost an alarming $45 million in a single week to precisely coordinated social engineering schemes. This devastating figure is not just a statistic; it
When Coinbase introduced the x402 protocol on May 6, it did more than merely launch another feature—it ignited a significant shift in how we perceive and utilize digital payments online. By creatively repurposing the infamous HTTP 402 status code, which had largely remained dormant in the world of web protocols, Coinbase has set the stage
The introduction of the Markets in Crypto-Assets (MiCA) regulations marks a watershed moment in the European cryptocurrency ecosystem. Instead of merely navigating a chaotic terrain characterized by speculative volatility, exchanges are now galvanized into a space where adherence to regulatory compliance is not a choice but an imperative. This paradigm shift elevates user safety and
The recent plunge of MOVE, the native token of the Ethereum-based Movement Network, serves as a clarion call for the crypto industry. Following Coinbase’s explosive decision to delist MOVE amid serious allegations regarding its market-making integrity, the digital asset witnessed an astonishing 23% drop in value, settling at an all-time low of $0.18. This shocking
