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news-imageFebruary 3, 2025

Coinbase not doing enough after users lose $65 million between Dec 2024 and Jan 2025 – ZachXBT

Coinbase has been under a lot of fire recently, and now, it has become a subject of interest from ZachXBT, a crypto sleuth famous for getting to the bottom of various scams.
Publisher: Cryptopolitan
Sentiment: Negative
General

More News Articles

Negative
cover-imageNewsBTC
February 4, 2025

Crypto Market Enters Step 2 Of Benjamin Cowen's Guide For 2025, What's Next On The List?

According to a recent analysis by Benjamin Cowen, CEO and Founder of ITC Crypto, the crypto market has entered “Step 2” of his guide for 2025. The analyst pinpointed Ethereum (ETH) in his price chart, emphasizing that the second-largest cryptocurrency is set to decline further, in line with his earlier predictions.

general-iconGeneral
Negative
cover-imageBeInCrypto
February 4, 2025

Top 3 Crypto Narratives to Watch For the First Week of February

Crypto narratives are undergoing major shifts this week, with AI tokens, Real-World Assets (RWA), and meme coins all seeing significant corrections. The AI sector, once a top-performing category, has seen its market cap drop 42% in the past month, with major tokens like FET and RENDER extending their losses.

general-iconGeneral
Negative
cover-imageCryptopolitan
February 3, 2025

RWA trend continues to surge while volatility rips crypto markets

The trend of tokenizing Real World Assets (RWA) has been steadily gaining momentum, while the crypto market, which laid the foundation for on-chain tokenization, goes through a record price volatility that wiped out more than $2 billion in leveraged positions.

general-iconGeneral
Positive
cover-imageBitcoin
February 3, 2025

Thailand SEC Embraces Blockchain: Plans to Launch DLT-Based Debt Instrument Trading System

Thailand's Securities and Exchange Commission is planning to launch a blockchain-based debt instrument trading system that encourages securities firms to trade digital asset tokens. SEC Considers Token Fundraising Thailand's securities regulator has said it plans to launch a blockchain- or distributed ledger technology (DLT)-based debt instrument trading system.

general-iconGeneral
Negative
cover-imageCryptonews
February 3, 2025

South Korean City Unveils Solution to Seize More Tax Dodgers' Crypto

The South Korean city of Gwacheon has announced it will use an IT solution to help it seize, freeze, and liquidate more crypto from tax-dodging residents. The post South Korean City Unveils Solution to Seize More Tax Dodgers' Crypto appeared first on Cryptonews.

general-iconGeneral
Negative
cover-imageCryptonews
February 3, 2025

Bybit CEO Estimates Crypto Liquidations Far Exceed Reported Figures

In the wake of a substantial market downturn, Bybit CEO Ben Zhou has disclosed that crypto liquidations could be as high as $8 to $10 billion, surpassing earlier estimates. This revelation underscores the challenges in accurately reporting liquidation figures across platforms. The post Bybit CEO Estimates Crypto Liquidations Far Exceed Reported Figures appeared first on Cryptonews.

general-iconGeneral
Negative
cover-imageCoingape
February 3, 2025

CryptoCom Under Probe By US CFTC Over Super Bowl Event Contracts

The US Commodity Futures Trading Commission (CFTC) is conducting a probe into digital assets trading platform CryptoCom and predictions marketplace Kalshi Inc over their launch of Super Bowl event contracts. As reported by Bloomberg, the probe seeks to clarify whether the offerings comply with existing derivatives regulations.

general-iconGeneral
Positive
cover-imageBitcoinist
February 3, 2025

Crypto Funds See $1 Billion Weekly Inflows Despite Early Outflows—What Happened?

In the latest Crypto Asset Fund Flows Weekly Report, CoinShares detailed how digital asset investment products experienced a turbulent week, with an initial $530 million outflow last Monday caused by concerns related to the DeepSeek news. This sell-off quickly reversed, with the market later recovering more than $1 billion in inflows by week's end.

general-iconGeneral
Negative
cover-imageCryptonews
February 3, 2025

Coinbase Users Lose $65M in Two-Month Scam Spree as Security Lapses – ZachXBT

ZachXBT reports that Coinbase users lost $65M in a two-month scam spree, with attackers using phishing emails, spoofed calls, and fraudulent websites to steal funds. The total estimated losses from similar scams exceed $150M, highlighting ongoing security risks in the crypto space. The post Coinbase Users Lose $65M in Two-Month Scam Spree as Security Lapses – ZachXBT appeared first on Cryptonews.

general-iconGeneral
Negative
cover-imageCryptoSlate
February 3, 2025

Congressional Subcommittee to investigate Operation Chokepoint 2.0's impact on crypto

The Subcommittee on Oversight and Investigations of the Committee on Financial Services will hold a hearing on Feb. 6 titled “Operation Choke Point 2.0: The Biden Administration's Efforts to Put Crypto in the Crosshairs.” According to a memorandum shared by the Subcommittee, the hearing will examine the impact of regulatory actions on the crypto industry.

general-iconGeneral
Neutral
cover-imageCoingape
February 3, 2025

Coinbase CLO To Testify In Operation Chokepoint 2.0 Hearing

Paul Grewal, Coinbase Chief Legal Officer (CLO) is one of the testifiers at the forthcoming Operation Chokepoint 2.0 hearing with the Senate Banking Committee. Billed to take place later this week, Grewal will join other experts includes MARA Holdings CEO Fred Thiel in testifying against the crackdown on the crypto industry.

general-iconGeneral
Positive
cover-imageBitcoin
February 3, 2025

Coinshares: Digital Asset Inflows Hit $527 Million Amid Market Volatility and Trade Tariff Concerns

Inflows into digital asset investment products crossed $500 million, despite the larger macroeconomic events that moved the market. Green Week for Digital Assets Despite Trade Tariffs and Deepseek Volatility Digital asset investment products recorded $527 million in inflows last week, despite investor uncertainty driven by macroeconomic factors such as U.S.

general-iconGeneral
Positive
cover-imageCryptoSlate
February 3, 2025

Kraken secures MiFID license to offer derivatives trading in EU

Kraken has secured a Markets in Financial Instruments Directive (MiFID) license in the EU, enabling the crypto exchange to expand its regulated derivatives offerings across key EU markets. According to the announcement on Feb.

general-iconGeneral
Neutral
cover-imageCrypto news
February 3, 2025

Trump orders a US sovereign wealth fund, was crypto mentioned?

President Donald Trump has signed an executive order directing the Treasury and Commerce Departments to establish the first U.S. sovereign wealth fund. Trump signed the order stating it would help “monetize the asset side of the U.S. balance sheet.

general-iconGeneral
Neutral
cover-imageThe Currency Analytics
February 3, 2025

Binance Enhances Legal Compliance Efforts Amid US Scrutiny

Binance is stepping up its efforts to ensure compliance with US laws and regulations. In a recent interview, Binance co-founder He Yi outlined the exchange's strategy to adhere to legal standards and its ongoing commitment to transparency and accountability.

general-iconGeneral
Neutral
cover-imageCrypto news
February 3, 2025

Crypto czar David Sacks to outline U.S. digital policy agenda

President Donald Trump's White House AI and Crypto Czar will hold a press conference with key Republican policymakers to share Washington's digital asset regulatory plans. Scheduled for Tuesday, Feb.

general-iconGeneral
Positive
cover-imageCrypto Daily
February 3, 2025

TAN's Inflation Protection Model Keeps Blockchain Economies Sustainable

In the rapidly evolving world of blockchain, maintaining economic stability while encouraging network growth is no easy task. Many projects struggle with balancing token supply and demand, leading to inflationary pressures that erode value over time.

general-iconGeneral
Negative
cover-imageCointribune
February 3, 2025

Crypto: Crucial Conference On February 4 – America Goes On The Offensive

As the crypto markets struggle under the shock of Trump's tariffs, a new player enters the scene: David Sacks, the man who whispers to AI and digital assets. On February 4th, this shadow strategist will unveil Washington's battle plan to regain control of a space in complete chaos.

general-iconGeneral
Negative
cover-imageCryptoSlate
February 3, 2025

Coinbase users reportedly lose over $300M yearly via social engineering scams

On-chain investigator ZachXBT recently shared data revealing that Coinbase users lose more than $300 million annually due to social engineering scams. Over the past few months, numerous users have taken to social media to report sudden account restrictions, which ZachXBT attributed to the exchange's aggressive risk models and a failure to mitigate ongoing scams.

general-iconGeneral
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