X Users Report Unsolicited Password Reset Emails, No Breach Confirmed

·1 views

Several cryptocurrency industry professionals and CoinDesk staff members received unexpected password reset emails from X on Tuesday. The emails were unsolicited, meaning users had not requested any password changes. There is currently no evidence suggesting that X's systems have been compromised or breached. The cause of the unusual email activity remains unclear at this time.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Citi, Goldman and Global Banks Join Forces to Launch Stablecoin Venture

Major financial institutions including Citigroup and Goldman Sachs have partnered to develop a joint stablecoin initiative. The venture brings together global banks and asset managers in a collaborative effort targeting digital finance. The group's initial focus will be on creating a U.S. dollar-backed stablecoin designed for payments and digital asset settlement. Expansion plans include the development of a euro-denominated token as a subsequent priority.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Robinhood Chain hits $1.9M daily revenue record, boosting ARB token by 30%

Robinhood Chain has set a new 24-hour revenue record of $1.9 million, marking a significant milestone for the recently launched crypto network. The strong performance triggered a sharp 30% rally in ARB, the native token of Arbitrum, the blockchain infrastructure underlying Robinhood Chain. Traders moved quickly to capitalize on the network's growing activity, driving speculative demand for the associated token. The surge highlights growing user engagement on Robinhood's crypto platform and investor interest in its underlying technology stack.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Firelight Raises $8M to Bring DeFi Hack Protection to Fintechs

Firelight, a decentralized finance protocol, has raised $8 million as it expands its services beyond the XRP ecosystem. The platform is designed to help fintechs and investors recover losses more quickly in the event of DeFi hacks or exploits. To fund this protection layer, holders of XRP, Bitcoin, and Stellar (XLM) can earn yield by backing the coverage. The move reflects growing demand for risk-mitigation tools as institutional interest in DeFi continues to rise.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin Faces Historically Weak September Amid Renewed Rate-Hike Concerns

Bitcoin is entering September, a month that has historically delivered poor returns for the cryptocurrency. The combination of seasonal weakness and renewed fears of interest rate hikes is putting pressure on the asset. Risk assets broadly tend to underperform during this period, and bitcoin is no exception to that trend. Traders and analysts are cautioning that the ongoing rally could face significant headwinds in the weeks ahead.

0 comments Read more at CoinDesk