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A Brooklyn man has been arrested for an alleged $15 million cryptocurrency phishing scam targeting approximately 100 Coinbase users. The event highlights significant security vulnerabilities and adds to investor concerns, occurring as Coinbase's stock faces pressure and the company pursues strategic institutional and retail expansion.
Litecoin (LTC) experienced a severe 34% price correction, falling to $75 after a recent peak of $113. The decline reflects broader bearish sentiment across the cryptocurrency market amid macroeconomic uncertainty and technical weakness, signaling a potential risk-off period for digital assets.
Coinbase has exclusively selected Chainlink's Cross-Chain Interoperability Protocol (CCIP) to act as the single bridge infrastructure for its portfolio of wrapped assets, valued at approximately $7 billion. This move aims to standardize and secure cross-chain transactions.
Vanguard, managing $11 trillion in assets, has reversed its long-standing policy to allow its 50 million brokerage clients to trade regulated crypto ETFs. The firm will permit access to third-party products tracking assets like Bitcoin, Ethereum, XRP, and Solana, but will not launch its own funds.
