Coinbase has announced a scheduled maintenance window on August 16, expected to last around 4 hours.
During the maintenance, deposits and withdrawals will be temporarily unavailable across the platform.
Users planning to move funds around that time should keep the maintenance window in mind.
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The following gifts were lost:
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The cause has not been officially confirmed, while services appear to be gradually recovering in some regions. Claims of a DDoS attack remain unverified.
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AlgorithmCup #9 — fake Binance market
AlgorithmCup #52 — fake marketplace support
AlgorithmCup #61 — fake USDT transfer
AlgorithmCup #80 — fake MRKT support link
IntelligenceCup #201 — screen sharing scam during a video call, no 2FA active. Sent to MRKT and sold for 1.67 GRAM.
The prizes were reportedly rare Telegram gifts, making the incidents especially costly for the winners.
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The attacker reportedly used an $18M Morpho flash loan to manipulate the NAV/share price of the VaultYUSDT strategy, allowing them to redeem inflated shares for real assets. The $18M was flash-loan liquidity used during the attack, not the amount lost; the reported protocol loss is approximately $346K.
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William Creighton was kidnapped in Costa Rica, and his family reportedly paid around 148 BTC, worth roughly $1 million at the time, for his release. Creighton was later killed despite the ransom payment. Eight years later, blockchain tracing linked wallets that received part of the ransom to the two men, who were convicted of money laundering.
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A growing number of crypto cards now advertise spending without ID checks, but the setup behind them can be far less private than the marketing suggests.
Users may still be linked to card issuers, payment processors or corporate programs, while some providers charge hefty top-up and maintenance fees.
No ID check doesn’t automatically mean anonymous.
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