In Ukraine on Monday, police arrested a criminal group that allegedly extorted $250,000 in stablecoin Tether (USDT) from a young entrepreneur by posing as law enforcement officials and threatening him with criminal charges for a fabricated crime. The four suspects, who were detained by cyber police and the Department of Internal Security of the National Police, face up to 12…
Month: September 2024
WazirX hacker moves $6M in crypto to Tornado Cash
A wallet address associated with the WazirX hacker has transferred $6.5 million worth of stolen ETH to Tornado Cash as the exchange opens up withdrawals to users ahead of time. Source: https://cointelegraph.com/news/wazirx-hacker-moves-6m-crypto-tornado-cash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arthur Hayes explains why Fed rate cuts aren't helping Bitcoin
The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss. Source: https://cointelegraph.com/news/arthur-hayes-explains-why-fed-rate-cuts-wont-help-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Okx Approved to Provide Cross-Border Payment Services in Singapore
Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it to offer digital payment token services. Gracie Lin, the newly appointed CEO of Okx’s Singapore entity (Okx SG), highlighted the significance of this license and Singapore’s role in the company’s growth strategy. Okx SG aims […] Source: https://news.bitcoin.com/okx-approved-to-provide-cross-border-payment-services-in-singapore/
Vega Protocol proposes shutting down chain and launching new token
The decentralized trading blockchain Vega Protocol says it expects its alpha mainnet chain to stop within the next three months. Source: https://cointelegraph.com/news/vega-protocol-proposes-shutting-down-its-network-launching-new-token?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bluesky adds 1 million new users in 3 days amid X ban in Brazil
The decentralized microblogging platform has seen traffic and user numbers surge following the X expulsion from Brazil. Source: https://cointelegraph.com/news/bluesky-add-1-million-new-users-in-3-days-after-x-ban-in-brazil?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Venezuelan President Nicolas Maduro Proposes Retaking the ‘Crypto Path’
Venezuelan President Nicolas Maduro discussed the possible future of the national cryptocurrency system following the so-called PDVSA-Crypto scheme, which resulted in the loss of $20 billion in unaccounted oil sales paid in crypto. Maduro stated that the country needed to retake the crypto path but gave no indications regarding the revival of the national cryptocurrency […] Source: https://news.bitcoin.com/venezuelan-president-nicolas-maduro-proposes-retaking-the-crypto-path/
Home invaders used machete, Toblerone to rob man of Bitcoin
For the first time ever, a Scottish court seized Bitcoin from the “technical brains” behind a robbery where a woman was beaten with a Toblerone. Source: https://cointelegraph.com/news/scotland-first-ever-bitcoin-seized-toberlone-robbery-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple lawyer slams SEC use of 'crypto asset security'
Ripple’s chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis. Source: https://cointelegraph.com/news/ripple-top-lawyer-claims-crypto-asset-security-fabricated-term?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SuiPlay0x1 Crypto Gaming Handheld Price, Specs Revealed for 2025 Release
More details about the upcoming crypto gaming handheld console SuiPlay0x1 have been revealed by Playtron and Mysten Labs, the creators of the Sui blockchain. With this, pre-orders for the device have opened with the first to pay receiving an NFT reward. The SuiPlay0x1 aims to rival Valve’s Steam Deck as a powerful handheld gaming device that can run PC games…