News with the tag "account"

The FBI is issuing an alert over an ongoing ransomware campaign known as “Medusa” that’s hit hundreds of victims. Medusa is a type of malicious software first discovered in 2021 that encrypts its victims’ files before demanding a ransom in exchange for a decryption key. Medusa actors typically gain ...

In an urgent development for the Solana meme coin community, Pump.fun, a popular platform for launching these digital assets, has reported a security breach. According to reports circulating on X (formerly Twitter), the official Pump.fun X account compromised and is currently being exploited to prom...

The Federal Deposit Insurance Corporation (FDIC) is accusing a bank employee of making unauthorized transfers from customers’ accounts to pay for her husband’s expenses. The FDIC says Truist Bank employee Danielle Solomon unilaterally made two Automated Clearing House (ACH) transfers totaling $21,61...

A billion-dollar fintech firm is preparing to send a total of $735,000 to tens of thousands of customers in a major settlement with regulators. New York Attorney General Letitia James says she’s secured more than $1 million from Netspend. The AG’s office says the firm, which provides reloadable debi...

Crypto accounting platform Cryptio has raised $15 million in an extension to its Series A funding round from June 2022 . Existing investor Alven led the round and featured participation from new backers 1kx and Ledger Cathay Capital, Cryptio told CoinDesk via email on Wednesday. The $15 million rais...

Dean Norris, widely recognized for his role as Hank Schrader in Breaking Bad, became the latest victim of a cryptocurrency scam after his X account was hacked to promote a fraudulent memecoin named DEAN. In a video shared on January 26, Norris confirmed that his account had been compromised, calling...

South Korea’s Financial Services Commission (FSC) is prioritizing the resolution of corporate access to bank accounts for cryptocurrency trading, Chairman Kim Byoung-hwan announced during a press briefing on January 22, 2025. This move addresses growing concerns about regulatory clarity and operatio...

South Korea to Finalize Policy on Corporate Bank Accounts for Crypto Trading At the Virtual Assets Conference 2025 , Kim So-young , Vice Chairman of South Korea’s Financial Services Commission (FSC) , announced plans to finalize a policy review allowing corporations to secure real-name bank accounts...

South Korea’s regulatory industry for cryptocurrency continues to evolve, with authorities adopting a cautious approach to corporate investments in digital assets. On Wednesday January 15, the Financial Services Commission (FSC) hosted its second Virtual Asset Committee meeting, where it discussed t...

When inauguration day rolls around in the U.S., the first policy domino to topple could be the industry's banking roadblocks, though the White House may be the wrong place to watch for the most consequential action. The crypto industry will surely cheer loudly over some of the executive-order firewo...