Category: Cryptocurrencies
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The FaZe Banks MLG coin controversy is shaking up the gaming and crypto worlds. FaZe Banks, co-founder of FaZe Clan, announced his resignation as CEO following the crash of meme cryptocurrency MLG coin—an event that has now spiraled into a messy influencer feud. MLG coin launched in late 2024 as a gaming-themed meme crypto project.…
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Coinbase is teaming up with banking giant JP Morgan Chase in a major move that brings crypto closer to the mainstream. The Coinbase Chase partnership will allow users to make instant crypto purchases using Chase credit cards, with more integration features rolling out in 2025 and beyond. Starting this fall, Coinbase users can buy cryptocurrency…
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The A7A5 stablecoin surge is accelerating rapidly, with the ruble-backed crypto asset growing by over 240% in just two weeks. Russian users are increasingly turning to the stablecoin as a workaround to international sanctions and frozen crypto accounts. Blockchain analytics firm Elliptic reports that A7A5’s supply now exceeds 41 billion tokens—worth over $501 million. Daily…
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Russian airline Aeroflot was hit by a massive cyberattack this week, grounding dozens of flights and exposing sensitive data in what security experts are calling a “psychological operation” and kinetic sabotage. The breach, claimed by pro-Ukraine hacktivist groups Cyber-Partisans and Silent Crow, allegedly destroyed over 7,000 servers and gave attackers access to the entire Aeroflot…
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Meta is stepping up efforts to protect children on Instagram with a new round of child safety features. The update specifically targets adult-managed accounts that post content featuring kids, aiming to stop exploitation and improve platform security. Adult-Managed Accounts Under Scrutiny While Instagram bans children under 13 from creating accounts, the platform allows adults—such as…
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Just days after the UK’s strict new online safety laws took effect, VPN downloads are spiking—and Wikipedia is headed to court. The crackdown, meant to shield minors from harmful content, is now driving adults toward digital workarounds and triggering major privacy debates. VPN Downloads Skyrocket in the UK Since the Online Safety Act came into…
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In just eight months, crypto hack losses in 2025 have already surpassed last year’s total. A new study reveals a disturbing trend: crypto hackers hide funds faster than ever before, sometimes within seconds of an attack. Criminals Outpace AML Defenses The report, published by anti-money laundering (AML) firm Global Ledger (GL), shows that attackers have…
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Cloud-Based CRM Compromise Hits Allianz Life Customers Allianz Life has reported a significant data breach that affected most of its 1.4 million U.S. customers. The attack occurred on July 16, 2025, when cybercriminals infiltrated a third-party cloud CRM system linked to the company. The threat actor used social engineering techniques to bypass security barriers and…
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The Kyrgyzstan crypto sanctions loophole may be helping Russia bypass international restrictions. Analysts at TRM Labs report that Kyrgyzstan-based exchanges have ties to sanctioned Russian entities, raising concerns over crypto-fueled sanction evasion. Russian Links to Kyrgyz Exchanges TRM Labs found that Envoys Vision Digital Exchange (EVDE) registered a wallet linked to the Rusich Group. The…
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$7.1M in crypto may be returned to dozens of victims who lost money in a complex oil and gas investment scam powered by cryptocurrency. The U.S. Attorney’s Office for the Western District of Washington announced efforts to forfeit crypto assets seized in the case. These funds were recovered during an ongoing investigation led by Homeland…