Coinbase-posing scammers steal $1.7M from a user amid a string of attacks
A victim who claims to have lost $1.7 million said a scammer called them claiming to be from Coinbase and sent emails that looked like they came from the crypto exchange.
Related Posts


Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
Sentiment in China has slumped as WeChat searches for Bitcoin dropped 7% this week, while searches for “bear market” spiked 102%. One trend that remained strong was NFT-related, with NFTs receiving an 86% increase in WeChat searches over the seven-day period. Token sales were another hot item with interest in Casper Labs surging after signups…

CME Bitcoin Futures Hit $10K as BTC Price Finally Nears Five Figures
Bitcoin (BTC) crossed the $10,000 mark for swathes of institutional investors this week as markets looked increasingly likely to surge higher still.Bitcoin 7-day price chart. Source: Coin360CME reaches $10K per BitcoinData from CME Group’s Bitcoin futures shows the implied price of Bitcoin reaching the symbolic five figures on Feb. 6. Since then, a slight correction has…

Aussie Exchanges Partner With Crypto Tax Firm as ATO Eyes Traders
Popular Australian crypto exchanges Coinjar, Cointree and Swyftx have partnered with Koinly to track their clients’ tax obligations. 1912 Total views 11 Total shares Crypto taxation software provider Koinly has announced a partnership with three Australian digital asset exchanges to simplify their clients’ tax reporting.Coinjar, Cointree and Swyftx announced support for Koinly on July 29,…

Bancor DAO hit with class-action suit over impermanent loss protection promises
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. 122 Total views 1 Total shares A group of investors has filed a class-action suit against the Bancor decentralized autonomous organization (DAO); its operator, BProtocol Foundation; and its founders in the United States District Court for…

Exchanges gear up crypto advocacy in Canada as elections loom
Cointelegraph’s Sam Bourgi discussed Canada’s evolving regulatory landscape with Kraken and Coinbase at the Blockchain Futurist Conference, highlighting areas where the country still lags.

HKEX-listed tech firm launches $15M Bitcoin fund
"The next step for the crypto market depends on a refresh of the Bitcoin network," wrote founder Wang Feng. 314 Total views 2 Total shares Linekong Interactive, a gaming and film production company headquartered in Beijing and listed on The Stock Exchange of Hong Kong (HKEX), is allocating $15 million to invest in projects building

Polygon (MATIC) jumps ahead as the race for Layer-2 adoption picks up
Recently layer 1 solutions like the Solana (SOL) and Cosmos (ATOM) have grown in prominence thanks to each network's faster transaction times and lower fees when compared to the Ethereum network. An even greater focus has fallen on layer 2 solutions that can help Ethereum keep up with the competition as it continues its process of…

Brazilian Non-profit Tags Clothes for Workplace Abuse Using Blockchain
The Brazilian non-profit Alinha Institute has launched their Alinha Tag, aiming to inform customers of the labor conditions of the workshops that produced their clothes.As per a Cointelegraph Brasil report from July 3, the new Alinha Tag is especially concerned with forced labor in Brazil’s fashion industry. According to Brazilian business newspaper Valor Económico, over…