In Brief Coinbase faces backlash after an insider leaked user records, exposing sensitive data like IDs and addresses to phishing scams. Allegations claim Coinbase knew of the breach since January but delayed disclosure, leaving users vulnerable to impersonation and fraud. The leak raises severe risks, highlighting failures in internal controls and fueling fears of centralized…
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In Brief Speculation is growing that SEC Chair Gary Gensler may announce his resignation after Thanksgiving. Chair Gensler has faced criticism from the crypto community for his enforcement-heavy approach. Potential successors would be tasked with mending relationship with the emerging cryptocurrency industry. Reports suggest that Gary Gensler, Chair of the US Securities and Exchange Commission…
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Respecting Nakamoto’s wish: The crypto world calls for an end to speculative hunts. As new information emerges that could potentially identify the creator of Bitcoin, speculation on the matter is being met with backlash on social media. Jack Mallers, founder and CEO of Bitcoin payment app Strike, said: “You guys gotta stop speculating on who Satoshi [Nakamoto]…
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