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Crypto exchange Gemini has warned users to monitor their accounts for unusual activity after it confirmed that around 15,000 of its customers might be affected by a breach of its banking partner.  As reported by Bleeping Computer, Gemini began contacting affected customers last month to tell them that its unnamed automated clearing house provider had been breached. It informed the California Office of Attorney General last Thursday.  According to Gemini, “an unauthorized actor gained access to an internal collaboration tool on the bank partner’s system, which may have resulted in the potential disclosure of certain transactional data between June 3 and June 7, 2024.” As a result, “a subset of some Gemini customers’ banking information was potentially impacted as part of the incident.,” the exchange added. UK hacker jailed over $900K Coinbase login scam Read more: Crypto-skeptic Andrew Left of Citron Research charged with fraud This impacted information seemingly includes cust...

Scammers have started targeting Nansen’s customers via email by offering fake airdrops after the firm’s third-party vendor suffered data leak. Cybercriminals are sending out phishing emails to Nansen customers exposed in a recent data breach related to one of the firm’s third-party vendors. According to web3 threat researcher Officer’s Notes, the customer s who were exposed in the data breach have started receiving phishing emails , claiming they are “eligible” to participate in an airdrop from Nansen. Users have reported receiving phishing emails from fake @nansen_ai today… stay safe! FYI @ASvanevik pic.twitter.com/jqVRVE9by9 — Officer's Notes (@officer_cia) November 24, 2023 The fake letter from Nansen says customer s can now claim their $NANSEN token as part of an “exclusive opportunity,” attaching a malicious link. According to reports on X, the scammers are distributing the phishing letters via an email apparently ...

FTX is accused of using customer deposits to repurchase Binance stake. An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds for the share buyback. FTX’s proposed recovery plan offers hope, aiming for a 90% asset return to customers affected by the exchange’s bankruptcy. In a shocking revelation, the ongoing legal proceedings surrounding the defunct cryptocurrency exchange FTX have unveiled that the exchange allegedly used customer funds to buy back its stake held by Binance. This development has raised serious concerns about the handling of customer deposits within the crypto industry. Customer funds diverted for Binance share repurchase During a court hearing, it was disclosed that FTX, a crypto exchange that filed for bankruptcy in November 2022, employed customer deposits to repurchase its shares from competitor Binance. Binance CEO Changpeng Zhao in November 2022 acknowledged t...