20 Apr, 2024

OKCoin Reassures Customers: Funds Safe Amid Temporary Pause in Deposits

• OKCoin exchange has temporarily suspended USD deposits on their platform in response to Signature Bank’s failure. • CEO Hong Fang has reassured customers that their corporate and customer funds have remained safe, with critical functions like crypto withdrawals and deposits unaffected. • OKCoin is actively exploring alternative channels and solutions to ensure the safety […]

1 min read

Coinbase Refuses to Refund $96K in Lost Funds: Blames User

• Coinbase user lost $96,000 due to an SMS prompt message • Coinbase denies responsibility for failing to flag unauthorized transactions • Brian Armstrong intends to apply transaction monitoring in compliance with the regulators. Coinbase User Loses $96,000 A Coinbase user lost $96,000 due to account draining after an SMS prompt message. Jared Ferguson from […]

2 mins read