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1
Crypto News Channel / Safepal Data Breach: Personal Data Of 39,798 Users At Risk
« Last post by Administrator on Today at 04:39:32 AM »
Safepal Data Breach: Personal Data Of 39,798 Users At Risk

Safepal Data Breach Personal Data Of 39 798 Users At Risk

SafePal, a Binance-backed non-custodial wallet provider, has disclosed a data breach exposing the personal details of 39,798 users, including names, shipping addresses, phone numbers, and purchase data.


According to the company’s announcement, the breach impacted customers who placed orders with SafePal between March 2, 2025, and April 11, 2026. However, SafePal has assured users that private keys, seed phrases, and crypto assets are not compromised.


Crypto Hit By Safepal Breach


SafePal disclosed the flaw on X, attributing it to a flaw in the order-tracking plug-in that exposed the personal details of a small subset of customers. According to the post, the order information of customers who placed orders between March 2, 2025, and April 11, 2026, including names, shipping addresses, email addresses, phone numbers, and purchase details, was compromised.


“Dear community, while your SafePal wallet, seed phrase, and private keys are secure, we identified a flaw in the order-tracking plug-in that led to unauthorized access to information of a subset of customers.”


The company notified the affected users via email and stated that it had identified and fixed a verification defect in the plug-in that allows customers to track their orders. SafePal has also introduced additional security measures and removed over 30 fake websites and phishing links associated with the breach. However, a report by BleepingComputer states that at least one threat actor is selling stolen data from the breach on a cybercrime forum. Additionally, some users have reported phishing attempts as early as May.


Seed Phrases, Private Keys Secure


SafePal confirmed that seed phrases, private keys, wallet passwords, hardware wallets, and crypto assets were not compromised during the breach thanks to its cold storage architecture. Furthermore, the breach did not involve bank details, payment card numbers, or any government-issued identification number. SafePal has set up a dedicated tool for users to check if their details were compromised during the breach.


Implication For Safepal Users


While the breach did not compromise users’ funds or private keys, it exposed crucial personal details tied to users. This puts users at risk of phishing attacks or elaborate social engineering scams. SafePal has warned users to be wary of attempts to access wallet credentials, crypto assets, and other personal information through fraudulent emails, text messages, phone calls, letters, offers, phishing websites, fake firmware update requests, and customer support communication.


SafePal has also issued an advisory stating it would never ask for their recovery phrase, PIN, or private keys. The advisory added that users must move their funds to a new wallet if they had entered a seed phrase or private key on a suspicious website or in response to a suspicious message following the breach.


Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.


This article was originally published as Safepal Data Breach: Personal Data Of 39,798 Users At Risk on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.


Source: Safepal Data Breach: Personal Data Of 39,798 Users At Risk
2
Crypto News Channel / This TradFi Signal Preceded Explosive Ethereum Rallies: Is ETH Next?
« Last post by Administrator on Today at 04:39:32 AM »
This TradFi Signal Preceded Explosive Ethereum Rallies: Is ETH Next?

The Russell 2000, an index tracking roughly 2,000 smaller publicly traded US companies that is generally viewed as one of Wall Street’s more risk-sensitive equity benchmarks, has returned to record territory at over 3,050 over the past few weeks.


According to popular analyst Crypto Rover, there’s a hidden connection between the index and the largest altcoin, which could lead to a major ETH rally.


ETH Rally Ahead?


As the market observer highlighted, the Russell 2000’s surge to a new all-time high follows previous similar gains charted in 2016 and 2020. After both instances, ETH went on a massive rally within 6-12 months.


Given the index’s risk-on significance, when it surges, it means that investors have become more comfortable moving away from mega-cap stocks and into smaller companies. This is often interpreted as evidence that risk appetite and liquidity conditions are improving.


Here’s where Crypto Rover outlined the connection with Ethereum as the Russell broke out during previous cycles before ETH eventually followed with significantly larger percentage gains. Analysts at Milk Road previously described the correlation between the two as almost “spooky,” suggesting that both tend to benefit when monetary policy turns easier, which hasn’t exactly been the case lately.




Ethereum also offers staking yield, while its broader ecosystem is heavily exposed to speculative activity, DeFi, tokenization, and other areas that expand during risk-on periods.


Although the relationship between the two appears superficial at first glance, Ash Crypto also recently spoke about it and predicted a similar surge as Crypto Rover.


Time to Buy ETH?


The altcoin jumped toward $2,000 in July, but it was halted on both attempts. It has since lost about $100, currently struggling below $1,900. Nevertheless, it is still up by over 20% since its local low at $1,520.


Other analysts are also optimistic about its future price movements, including Michaël van de Poppe, who commented recently that the perfect moment to buy an asset like ETH never comes, but the ideal time to accumulate it is right now:


“It’s always awkward to be positioning yourself into a position, as that’s the purpose of the markets. Previous breakouts of the market have resulted in generally big returns, as ETH is known for volatile movements. In that sense, last time a 60% breakout in less than a week took place. In 2023, the same happened,” he explained.


The post This TradFi Signal Preceded Explosive Ethereum Rallies: Is ETH Next? appeared first on CryptoPotato.


Source: This TradFi Signal Preceded Explosive Ethereum Rallies: Is ETH Next?
3
Crypto News Channel / Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation
« Last post by Administrator on Today at 04:21:28 AM »
Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation

Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation

Prosecutors allege Edward Zimbardi collected crypto from thousands of investors, lost over $34 million on currency trades and spent at least $10 million personally.


Source: Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation
4
Crypto News Channel / U.S. Treasury Department proposes GENIUS Act stablecoin rule
« Last post by Administrator on Today at 04:21:28 AM »
U.S. Treasury Department proposes GENIUS Act stablecoin rule


Source: U.S. Treasury Department proposes GENIUS Act stablecoin rule
5
Crypto News Channel / The Coldcard hack proves reputation is not a security model
« Last post by Administrator on Today at 02:51:11 AM »
The Coldcard hack proves reputation is not a security model


Source: The Coldcard hack proves reputation is not a security model
6
Crypto News Channel / ‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express
« Last post by Administrator on Today at 01:37:15 AM »
‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express

‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express

Binance’s bStocks are the second largest tokenized stock issuer just two months after launch, and BitMart’s internal feud erupts into the spotlight ahead of its closure


Source: ‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express
7
Crypto News Channel / Tom Lee's Bitmine now owns 4.8% of Ethereum supply after latest ETH purchase
« Last post by Administrator on Today at 01:37:14 AM »
Tom Lee's Bitmine now owns 4.8% of Ethereum supply after latest ETH purchase


Source: Tom Lee's Bitmine now owns 4.8% of Ethereum supply after latest ETH purchase
8
Crypto News Channel / How a bug in Coldcard’s code went unnoticed for years, leading to $100 million in hacked funds
« Last post by Administrator on Today at 12:05:10 AM »
How a bug in Coldcard’s code went unnoticed for years, leading to $100 million in hacked funds


Source: How a bug in Coldcard’s code went unnoticed for years, leading to $100 million in hacked funds
9
Crypto News Channel / No change in bitcoin holdings as Strategy boosted dollar reserve, bought back more STRC last week
« Last post by Administrator on August 17, 2026, 11:01:37 PM »
No change in bitcoin holdings as Strategy boosted dollar reserve, bought back more STRC last week


Source: No change in bitcoin holdings as Strategy boosted dollar reserve, bought back more STRC last week
10
Crypto News Channel / Trump to Host Coinbase, Ripple Chiefs Amid Crypto Rule Push
« Last post by Administrator on August 17, 2026, 10:37:07 PM »
Trump to Host Coinbase, Ripple Chiefs Amid Crypto Rule Push

Trump To Host Coinbase Ripple Chiefs Amid Crypto Rule Push

Coinbase and Ripple executives will join President Donald Trump at the White House next week. The meeting brings together major crypto companies and top financial regulators. It sets the stage for a broader push on digital asset policy.


Brian Armstrong and Brad Garlinghouse Lead the List


Brian Armstrong of Coinbase and Brad Garlinghouse of Ripple top the expected attendee list. Both executives have spent months pushing lawmakers toward clearer crypto rules. Their companies rank among the most vocal supporters of pending legislation.


Semafor first reported the details of the upcoming gathering. The outlet named several firms beyond Coinbase and Ripple as likely participants. Executives from a16z, Chainlink, Paradigm, and Kalshi are expected to attend as well.


The meeting arrives just one day before a separate but related event. Officials will use the gathering as a lead-in to a bigger regulatory session. That timing suggests the administration wants continuity between private talks and public policy work.


Regulators and Prediction Markets Join the Conversation


President Trump plans to attend the meeting alongside two key regulators. CFTC Chair Mike Selig and SEC Chair Paul Atkins are both expected to appear. Their presence signals that regulatory coordination sits high on the agenda.


The gathering also doubles as a kickoff for the CFTC’s Innovation Advisory Committee. That committee holds its first official meeting on August 20. Participants there will cover crypto regulation, artificial intelligence, and prediction markets in one session.


Prediction market platforms have grown increasingly relevant to federal regulators this year. Kalshi’s inclusion in the meeting reflects that shift in focus. Crypto and prediction markets now sit closer together in policy discussions than before.


The full agenda for the White House meeting remains undisclosed. Still, industry context points toward legislative priorities shaping the conversation. Coinbase and Ripple have both pressed the Senate to act quickly.


Clarity Act Odds Continue to Slide


Momentum behind the CLARITY Act has weakened in recent weeks. Polymarket data shows just a 19% chance the bill becomes law this year. That figure marks a renewed drop after previous signs of progress.


Galaxy Research cut its own projection even further, down to 10%. The firm pointed to unresolved legislative issues as a central concern. It also noted the Senate has limited working days before the midterm recess begins.


Armstrong has pushed back against pessimism surrounding the bill’s prospects. He remains confident that lawmakers can still pass the legislation this year. His comments came despite the bill stalling during the Senate’s August break.


Regulatory agencies appear ready to act independently if Congress does not. The SEC and CFTC could offer clarity without new legislation. Both agencies have signalled openness to guidance-based approaches this year.


The SEC recently cancelled a scheduled crypto meeting of its own. It also paused its proposed Innovation Exemption guidance for now. Officials likely want to avoid overlapping with ongoing legislative efforts.


These moves suggest agencies are timing their actions around Congress. Regulators seem to be waiting for legislative clarity before advancing new rules. The coming weeks will show whether that patience produces results.


The White House meeting therefore carries weight beyond a single afternoon. It links private industry input with public regulatory planning. Outcomes from the session could shape crypto policy for months ahead.


This article was originally published as Trump to Host Coinbase, Ripple Chiefs Amid Crypto Rule Push on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.


Source: Trump to Host Coinbase, Ripple Chiefs Amid Crypto Rule Push
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