Cryptocurrency Latest News & Updates
Revolut faces UK probe after 680 customers exposed
Revolut has notified 680 customers after cybercriminals used a legitimate government email account to obtain sensitive identity, banking and Bitcoin-related records. Summary Financial Times reports Revolut notified 680 customers after fraudulent requests exposed identity and financial records. Attackers used a legitimate government agency email domain, while Revolut says its systems remained uncompromised. Exposed records included passports, addr...
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Hong Kong man loses HK$13 million in fake crypto investment app scam
A Hong Kong man in his 70s has lost more than HK$13 million ($1.67 million) after a self-described cryptocurrency investment expert contacted him through WhatsApp and directed him to a fake trading app. Summary A Hong Kong man in his 70s lost more than HK$13 million after a supposed crypto investment expert from Singapore contacted him through WhatsApp. The victim bought USDT and ETH before transferring the assets to wallets specified by the scam...
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Thailand SEC proposes $151K stablecoin transfer cap
Thailand’s Securities and Exchange Commission has proposed limiting inbound and outbound stablecoin transfers involving external wallets to five million baht, or roughly $151,000, per customer, operator and day. Summary Thailand’s SEC proposes daily stablecoin transfer caps of five million baht per customer and operator. Deposits and withdrawals would be restricted to accounts or wallets verified as belonging to customers. Transfers between c...
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