Coinbase anticipates a massive $400 million loss due to a cyber-attack. The regulatory authorities have fined the exchange majorly, settling a $50 million fine with New York state. Additionally, they've estimated a $46 million loss from user-targeted phishing scams.
A rise in the crypto market is indicated by a significant move of $148 million in meme coins dinner organized by former US President Trump involving global crypto investors. Simultaneously,
GameStop has purchased $513 million worth of Bitcoin, pushing the adoption further.
The
ARK investment group, led by Cathie Wood, adds $26.6 million and $110 million more to their Coinbase stocks holdings, indicating confidence in the exchange platform.
MLN Coin, also known as Enzyme Crypto, featured prominently with its price surging by 52%, and its addition on Binance Futures and Coinbase Pro.
Japanese firm
DMM Bitcoin disclosed a $300 million loss due to cryptocurrency theft. Wealthier, foreign crypto investors have shown further interest in the market during a meme coin dinner at Trump's golf course worth $148 million. After importing a 1.3 million euro investment test into Bitcoin, Intesa from Italy consolidates the Italian presence in the crypto world.
In response to a phishing scam,
Coinbase is expected to shell out up to $400 million. Meanwhile, 'pump and dump' schemes continue to hold strong within the crypto community. Pocketcoin (PKOIN) - a social coin with 1.6 million visitors - offers 30% APY staking, gaining traction in the dipping market.
MLN Coin News Analytics from Tue, 02 Jul 2013 07:00:00 GMT to Fri, 30 May 2025 20:03:45 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -2
