Coinbase’s Brian Armstrong Calls for Boycott of Legal Firms Employing Ex-SEC Officials

Coinbase ended ties with Milbank over ex-SEC director's hiring, urging ethical hiring practices across the crypto industry. Coinbase CEO Brian Armstrong announced a bold stance against law firms hiring individuals associated with what he views as ethically questionable actions during the SEC’s “soon-to-be prior administration.” Armstrong revealed that the crypto...

Hackers Have Stolen $1.49B YTD, DeFi Suffers 200 Attacks But CeFi Isn’t Safe Either

Cybercriminals target CeFi by posing as recruiters or planting fake employees to exploit infrastructure vulnerabilities and steal funds. In November 2024, hacks accounted for an overwhelming 99.96% of total losses. During the same period, fraud and rug pulls fell significantly, contributing to just $25,300 in total losses across two incidents....

Bitmain’s Antminer Imports in Limbo: Speculations Swirl Around Sophgo’s Huawei Ties

After facing months-long delays at US ports, certain miners suspect scrutiny over Sophgo chips tied to Huawei sanctions breaches. The US Customs and Border Protection (CBP) is holding specific imports of Antminer ASIC miners at various ports across the country. Seven US-based bitcoin mining companies, who spoke anonymously, claimed that...

Vancouver Mayor Proposes a Motion to Make City ‘Bitcoin-Friendly’

Vancouver Mayor Ken Sim's plan to embrace Bitcoin reflects growing interest in crypto's potential, with BTC recently hitting over $98,000 Vancouver Mayor Ken Sim has revealed plans to incorporate Bitcoin (BTC) into the city’s investment portfolio, aiming to position the town as a crypto-friendly hub. This initiative seeks to diversify...

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