Tech

Crypto platforms need regulation to survive, says SEC boss

Enlarge (credit: Chip Somodevilla/Getty Images) The chair of the US Securities and Exchange Commission is warning that cryptocurrency trading platforms are putting their own survival at risk unless they heed his call to work within the nation’s regulatory framework. Gary Gensler told the Financial Times that while he remained “technology neutral,” crypto assets were no […]

Tech

Coinbase erroneously reported 2FA changes to 125,000 customers

Enlarge / On Friday afternoon, Coinbase sent email and SMS text messages to 125,000 customers, erroneously telling them that their 2FA settings had been changed. (credit: SOPA Images) Cryptocurrency exchange Coinbase sent an automated message to a large number of its customers on Friday, saying “your 2-step verification settings have been changed.” Unfortunately, the message […]