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cryptocurrency sector
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- 1Coinbase to reject associate membership of UK Finance▼Coinbase set to reject associate membership of UK Finance
Coinbase is reportedly set to turn down an offer of associate membership of UK Finance, the UK banking industry's main trade body. The move would signal the crypto exchange's unwillingness to align itself with the traditional banking lobby, and is being read as a sign of continued distance between the cryptocurrency sector and established UK financial institutions.
- 2North Korean hackers suspected in $351 million Bitget theft●North Korean hackers suspected in $351M crypto theft, the largest so far this year The $351 million theft from crypto ex
Crypto exchange Bitget has suffered a $351 million theft, believed to be the largest crypto hack of the year so far. Investigators suspect North Korean hackers are behind the attack, which adds to a string of high-profile breaches targeting the cryptocurrency sector. The incident is renewing concerns about state-linked cybercrime funding North Korea and about security standards across crypto exchanges.