Crypto exchange Archives

Twitter account for Gate.io hacked to spread phishing scam

October 22, 2022 1 min read

Hackers hijacked the Gate.io Twitter account to spread phishing attacks. Gate.io is one of the biggest cryptocurrency exchanges in the industry. The exchange’s official URL was changed by the hackers from Gate.io to gate.com, according to information currently available. Users who typed in the gate.com URL were sent to a landing page advertising a giveaway of $500,000 USDT. Because it offers hackers access to the wallet, users who connect their

A Republican Senator is introducing a new bill that would protect crypto exchange platforms from certain enforcement actions by the U.S. Securities and Exchange Commission (SEC).

US Senator introduces bill to prevent SEC overreach on crypto exchanges

October 3, 2022 1 min read

A new bill that would shield cryptocurrency exchange platforms from some Securities and Exchange Commission (SEC) enforcement actions is being introduced by a Republican senator. Bill Hagerty of Tennessee is promoting the Digital Certainty Act of 2022 as a way to protect cryptocurrency exchanges from SEC overreach and provide legal clarity over how virtual assets are to be classified. According to Haggerty, regulatory ambiguity is hindering the growth of the