Cryptocurrency

Matt Damon-backed crypto firm sent woman $10M -- who used it for mansion

Matt Damon-backed crypto firm sent woman $10M — who used it for mansion

The cryptocurrency firm that hired Matt Damon as a pitchman for its Super Bowl commercial last year mistakenly wired $10.4 million to an Australian woman who then used the money to buy a mansion for her sister in Melbourne, according to a report. The cryptocurrency exchange Crypto.com initially intended to send a $100 refund to …

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Coinbase, FTX, and Binance receive inquiries from Congress about cryptocurrency scams

Coinbase, FTX, and Binance receive inquiries from Congress about cryptocurrency scams

In its first foray into the crypto sector, the House Committee on Oversight and Reform is ratcheting up pressure on federal agencies and crypto exchanges to protect Americans from fraudsters. In a series of letters sent Tuesday morning, the commission asked four agencies, including the Treasury, the Federal Trade Commission, the Commodity Futures Trading Commission, …

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FBI Warns Your DeFi Investment Could Go Wrong

FBI Warns Your DeFi Investment Could Go Wrong

The FBI said vulnerabilities in DeFi projects allowed hackers to evade the vast majority of the total $1.3 billion stolen earlier this year.picture: Bourdon Elijah (stock struggle) Do you think your cryptocurrency is more secure on a decentralized platform compared to more centralized exchanges? Well, the FBI is here to tell you that, no, vulnerabilities …

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