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Crypto exchange Coinbase has announced plans to reduce its global workforce by around 14%, affecting nearly 700 employees, reported Reuters. The company says the move is part of a wider restructuring effort to cut costs and prepare for the growing use of artificial intelligence in its operations. JOB CUTS AMID MARKET PRESSURE Coinbase said the…
New Delhi: South Korea’s financial watchdog on Thursday slapped a fine of 35.2 billion won ($24.3 million) on Dunamu, the operator of the country’s top cryptocurrency exchange, Upbit, for violating customer identification obligations. The Financial Intelligence Unit (FIU) under the Financial Services Commission said Dunamu did not comply with its obligations to verify the identities…
Mumbai3 minutes ago Copy link Hackers blew $ 44 million (about Rs 380 crore) from a large Crypto Exchange Coin DCX in India. The incident took place on Saturday (July 19), when hackers targeted an internal operational account of the company. However, Coin DCX has said that customers’ funds are completely safe, and the company…
Crypto Currency Scam: A new revelation has been made in the country’s biggest crypto theft case. Cyber thieves had parked the stolen crypto in three private wallets. On September 3, 2600 cryptos were transferred from one of these wallets to the Tornado Cash wallet in 26 transactions. This means that the thieves have now started…