Coinbase users are frustrated over customer support after hackers drain crypto wallets

    A growing number of users of the popular crypto exchange Coinbase have found their accounts on the platform empty after hackers managed to gain access to them and drain their cryptocurrency wallets. According to a Tuesday CNBC investigation, thousands of customers across the country have lodged complaints against the company. One couple, for example, logged…

    Poly Network hacker returns $342M after the biggest heist in DeFi history

    On Tuesday, the Poly Network suffered a $612-million hack that did the hacker steal assets from Ethereum, Binance Chain, and the Polygon Network. It’s the biggest heist in DeFi history. However, the suspected hacker already returned over half of the stolen funds, saying he did it “for fun.” On Aug. 10, a hacker exploited a…

    The U.K. Police confiscate record $250 million worth of crypto in London

    The British police confiscated £180 million or about $250 million worth of digital assets as part of a thorough investigation for money laundering. The operation was marked as the largest seizure ever executed in the United Kingdom. That’s a record for the Metropolitan Police service, which oversees law enforcement for the Greater London area, breaking…

    Dubai residents have lost Dh80 million to crypto scams in 2021: How to secure yourself?

    Residents of Dubai lost above AED80 million in crypto scams since the beginning of 2021, the Dubai Police official said. There have been over 200 cases of crypto scams in the UAE this year, revealed Tarek Mohammed, Head of the Digital Assets Crime Section at the Dubai Police GHQ. He has provided online a virtual…

    Bitcoin drops steeply following FBI seizure of Colonial ransom

    Bitcoin falls again on Tuesday. The largest cryptocurrency continued to slip down all day among a massive selling out of digital currencies as investors were concerned about shifting U.S. monetary policy, continued tightening of crypto regulation in China, and doubts of the security of the cryptocurrency after the FBI had recovered most of the ransom…

    Hackers Accuse Elon Musk of Destroying Crypto Holders’ Lives and Attempting to Control Bitcoin

    Anonymous, a decentralized international ‘hacktivism’ movement known for cyber attacks against several governments since 2003, posted a video on Friday addressed to Tesla CEO Elon Musk. In the video, they called Musk “nothing more than another narcissistic rich dude who is desperate for attention” and accused him of “destroying crypto holders’ lives” and attempting to…