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#SecurityAlert Massive Data Breach Hits Coinbase: 70,000 Users Affected Breach Overview Coinbase has disclosed a significant security breach that compromised the personal data of 69,461 customers. The attack, traced back to December 26, 2024, remained undetected until May 2025. Cybercriminals recruited customer service agents to access sensitive data, including names, addresses, phone numbers, ID documents, transaction histories, and partially masked bank information. Ransom Refused The attackers demanded a $20 million ransom, which Coinbase refused. Documents filed with the Maine Attorney General describe the breach as an “internal wrongful act.” Coinbase now anticipates up to $400 million in reimbursement and repair costs, pledging to cover losses from social engineering attacks related to the breach. Investor Reaction Following the announcement, Coinbase's stock dropped by 7%, reflecting shaken investor confidence in crypto exchange security. Broader Implications The breach has reignited concerns over Know Your Customer (KYC) data management and protection of sensitive user information. Experts warn that data leaks increase risks of extortion and theft. Security Recommendations Users are strongly advised to enable two-factor authentication and withdrawal whitelists to safeguard their assets. This incident underscores the urgent need for stronger cybersecurity measures as the crypto sector gains wider institutional and mainstream adoption. #Write2Earn #BinanceAlphaAlert #SecureYourTokens
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#SuiEcosystemHacked SUI Price Rejected at Key Resistance The price of Sui (SUI) faced rejection at the $4.18 resistance level, despite a broadly bullish crypto market. The large-cap altcoin, with a fully diluted valuation of approximately $39 billion and a 24-hour trading volume near $3.6 billion, fell nearly 10% on Thursday to around $3.90 in late North American trading. Cetus Protocol Hack Hits Sui Ecosystem On May 22, the Sui network suffered a significant security breach. Cetus Protocol, a major DEX and liquidity aggregator on Sui, reported a $223 million exploit involving manipulated liquidity contracts. Validators swiftly intervened, freezing $162 million to reimburse users. However, the attacker bridged over $60 million to the Ethereum network. Short-Term Outlook and Price Targets SUI maintains a macro bullish structure supported by the wider market rally since April. The recent rejection at $4.18 suggests a possible short-term pullback to $3.60. However, a successful breakout above $4.18 could set the stage for a rally toward $5.03. Technical indicators, including the rising daily MACD above the zero line, favor continued bullish momentum. #Write2Earn #BinanceSquareTalks #Lrarn2Earm
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#BinanceRewardHub How can I use this voucher ?? Please guide me in details . #Write2Earn! #EarnWithLearn
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#SymboleOfLove The rose🌹 is a beautiful and fragrant flower known for its vibrant petals and symbolic meanings. Often associated with love and romance, roses come in various colors, each representing different emotions—red for love, white for purity, yellow for friendship, and pink for admiration. With its delicate petals and thorny stems, the rose is both a symbol of beauty and resilience. #Write2Earn #TheRose
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#CryptoRegulation Crypto Taxation in 2025: Key Developments Ahead Crypto taxation is evolving rapidly, with 2025 marking a turning point. Here’s what to watch: Global Reporting Standards Regulators are increasing oversight. The U.S. now requires Form 1099-DA, while the EU’s DAC8 will mandate cross-border data sharing by 2026. Global frameworks like the OECD’s CARF are also progressing. DeFi and NFTs in Focus Jurisdictions are drafting clearer tax rules for decentralized finance and NFTs, covering activities like staking, lending, liquidity provision, and digital collectibles. Advanced Tracking Technologies Blockchain analytics and AI tools are enabling tax authorities to trace crypto activity more effectively, even across decentralized platforms. Rise of Crypto-Friendly Jurisdictions Some countries are attracting crypto talent with tax incentives and digital nomad visas. Others may introduce stricter exit or wealth taxes in response. Shift Toward Tax Optimization With greater clarity, the emphasis is moving from avoidance to compliant strategies such as long-term holding, loss harvesting, and residency planning. #CryptoTaxiation2025 #BinanceAlphaPoints #Write2Earrn
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