Gemini has notified users to watch for suspicious activity after discovering a breach linked to one of its banking partners.
The exchange revealed that about 15,000 customers might be affected by this incident.
The breach, which Gemini reported to the California Attorney General last Thursday, involved unauthorized access to an internal tool of its banking partner.
This incident, which occurred between June 3 and June 7, 2024, could have exposed customer names and bank details, including account and routing numbers.
Gemini assured that other sensitive information such as Social Security numbers, addresses, and passwords was not compromised. The exchange confirmed its own systems remain secure.
The bank is investigating, and although Gemini’s review found no direct evidence of customer harm, affected users are advised to monitor their bank accounts for unusual activity, consider changing their bank account numbers, and enable multi-factor authentication.
Stripe, the global payments leader, has taken a major step into the world of stablecoins with the introduction of its new feature, Stablecoin Financial Accounts.
Recent insights from Bank of America (BofA) suggest that rising market volatility, exacerbated by tariff issues, has prompted investors to retreat from US equities.
Excitement is building ahead of tomorrow’s DOOD token launch, the long-awaited airdrop tied to the popular Doodles NFT brand.
A major chapter in crypto’s legal reckoning closed this week as Alex Mashinsky, once a prominent name in digital lending, received a 12-year prison sentence.