Coinbase Knew Customer Data Was at Risk in Vendor Hack Months Before Disclosure: Report
Coinbase knew about a customer data leak at vendor TaskUs months before disclosure. The breach involved 70,000 users’ personal and financial data, leading to over 200 employee terminations.
Texas Lawmaker Misses Disclosure Deadline on Bitcoin Buys – Decrypt
Texas lawmaker Brandon Gill missed the deadline to disclose Bitcoin purchases worth up to $500,000, violating the STOCK Act. The incident raises transparency concerns among crypto-investing politicians.
Kurdistan Orders Crypto Crackdown After $15M Fraud Case – News Bytes Bitcoin News
Kurdistan’s government forms a committee to crack down on crypto firms following a $15M fraud case, aiming to regulate electronic trading and digital currencies.
1st Institutional Crypto Sale In South Korea After Ban Lift
South Korea’s first institutional crypto sale occurred after the ban lift, with World Vision selling 0.55 ETH via Upbit. The FSC’s roadmap allows gradual institutional participation, starting with non-profits.
Singapore Enforces Strict Crypto Licensing Deadline for Overseas Operators News ETHNews
Singapore’s MAS enforces strict crypto licensing for overseas operators by June 30, requiring DTSP licenses, $185,000 capital, FATF compliance, and customer checks under FSM Act penalties.
Coinbase Knew of Its Data Breach Months Before Disclosing: Reuters – Decrypt
Coinbase knew of a data breach involving third-party contractor TaskUs in January but disclosed it months later. Rogue employees leaked customer info for bribes, prompting a $20M Bitcoin ransom demand.
Coinbase CEO Slams States for Denying Investors Staking Rewards Despite SEC Green Light – Brave New Coin
Coinbase CEO criticizes US states for restricting crypto staking despite SEC approval, creating regulatory confusion and limiting investor access to staking rewards.
Australia rolls out new crypto ATM rules as feds flag rising scams
Australia introduces new regulations for crypto ATMs, including a $3,250 transaction limit and scam warnings, to combat rising fraud, particularly targeting older users.
Meta Joins Microsoft, Amazon in Dismissing Bitcoin Treasury Despite Investor Push – Finance Bitcoin News
Meta rejected a shareholder proposal to add bitcoin to its treasury, joining Microsoft and Amazon in resisting crypto despite growing institutional interest in Bitcoin.
Robinhood Secures First Crypto License From Bank of Lithuania and Acquires Bitstamp for $200 Million – “The Defiant”
Robinhood secures first crypto license from Lithuania’s central bank and acquires Bitstamp for $200M, expanding its crypto services and global reach.
