Binance Advises Euro-to-USDT Conversion For Paysafe Users
Binance’s European debanking problems persist as it continues to encourage Paysafe users to convert their euros to digital dollars. After losing the support of its banking partner, Binance has exhorted users to convert their euros into Tether USDT before the end of October. On September 28, Binance urged European Paysafe users to convert their EUR […]
Tether Halts USDT Redemption For Select Singapore Customers
Tether states that ‘Cake DeFi’ was founded to be controlled by another corporation in Singapore, not to redeem USDT. Reportedly, Tether’s service (ToS) conditions in Singapore have been modified. A 25 September email from the CEO of the decentralized finance protocol Cake DeFi reveals modifications to the company’s terms of service prohibiting certain customer bases […]
Mixin Network Hack: $200M Drained From Mainnet Assets
Mixin Network has suspended all deposits and withdrawals and will restart services “once the vulnerabilities are confirmed and fixed.” Mixin Network, a decentralized peer-to-peer network, has lost approximately $200 million in a breach involving compromising a third-party cloud service provider’s database. Mixin Network confirmed on September 25 that a breach on September 23 removed approximately […]
Vitalik Buterin’s Wallet Tranfers 400 ETH to Coinbase
A wallet associated with Ethereum co-founder Vitalik Buterin was detected transmitting 400 ETH to Coinbase, worth approximately $600,000. Blockchain sleuths have identified several Ether transactions. In September 2023, transactions from a wallet associated with Ethereum co-founder Vitalik Buterin totaled over $3.9 million. Separate blockchain monitoring profiles disclosed on September 25 the details of a 400 ETH […]
Hong Kong’s SFC to Publish ‘Suspicious’ Crypto Platforms
Hong Kong’s Securities and Futures Commission has announced that it will publish a list of crypto trading platforms that pose a security risk. The Securities and Futures Commission (SFC), one of Hong Kong’s primary financial regulators, has pledged to intensify efforts to combat unregulated cryptocurrency trading platforms within its jurisdiction. The SFC announced on September […]