Coinbase Reports Significant Drop in Global Law Enforcement Data Requests
Cryptocurrency exchange Coinbase reveals an 18% year-over-year decrease in law enforcement information requests, with notable declines across major European markets. The US remains the top requester while Singapore emerges as a rising jurisdiction, highlighting shifting regulatory dynamics in the crypto space.
Revolut Launches Advanced Crypto Security System to Combat Digital Asset Fraud
Digital banking leader Revolut unveils comprehensive security upgrades featuring real-time risk scoring and machine learning to protect users from cryptocurrency scams. The new framework analyzes transaction patterns and wallet addresses, setting new standards for safe crypto trading across European markets.
Crypto Scammer Impersonates Uber Drivers to Steal $300K in Digital Assets
A sophisticated cryptocurrency theft scheme in Scottsdale led to the arrest of a man who stole $300,000 by posing as an Uber driver and accessing victims' phones. The case highlights an emerging trend of in-person crypto robberies, with 19 documented cases worldwide in the past year.
Major Bitcoin ATM Data Breach Exposes 58,000 Users' Personal Information
A significant security breach at Byte Federal, a leading US Bitcoin ATM operator, has compromised sensitive data of 58,000 customers through a GitLab vulnerability. The incident exposed extensive personal information including government IDs and transaction records, prompting emergency security measures and raising concerns about cryptocurrency infrastructure security.
Critical 'DogeReaper' Exploit Crashes 69% of Dogecoin Network Nodes
A major security breach dubbed 'DogeReaper' struck the Dogecoin network, causing nearly 70% of active nodes to crash after an exploit by Andreas Kohl. Despite early warnings about the vulnerability, the flaw remained unpatched, though the network is now recovering with minimal price impact.
Critical Bitcoin Lightning Network Flaw Exposes High-Value Nodes to Theft Risk
A newly discovered security vulnerability in Bitcoin's Lightning Network could enable attackers to steal funds from wealthy node operators through transaction relay attacks. The bug primarily threatens nodes holding over $130,000 in BTC, with major implementation providers racing to develop protective patches.
Russia Pioneers AI System to Combat Illicit Crypto Mining Operations
Russian researchers have developed a groundbreaking AI-powered system that detects unauthorized cryptocurrency mining through smart electricity meters. The innovative technology analyzes power consumption patterns in real-time, helping authorities address energy theft while protecting critical infrastructure.
Crypto Investor Falls Victim to $300K Phishing Scam Through Fake Meeting Link
A cryptocurrency investor lost $300,000 after clicking a malicious work meeting link that compromised their digital wallets through sophisticated malware. The incident adds to growing concerns about crypto phishing scams, with nearly $9.4 million lost in November alone.
Australia Launches Crypto ATM Taskforce to Combat Money Laundering
Australia's financial watchdog AUSTRAC is establishing a specialized taskforce to regulate cryptocurrency ATMs amid rising concerns over financial crimes. The initiative targets the country's 1,200+ crypto ATMs, requiring operators to comply with strict anti-money laundering protocols or face penalties.
Crypto.com Launches Record-Breaking $2M Bug Bounty Program
Crypto.com partners with HackerOne to offer ethical hackers up to $2 million for discovering critical system vulnerabilities. The unprecedented program demonstrates the platform's commitment to security, serving over 100 million users across 90 countries with a comprehensive tiered reward structure.