CZ appoints Binance security team to track Huobi HTX stolen funds
To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000.
To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000.
MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association.
The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors.
According to Cointelegraph: In a major development, Tether, a prominent stablecoin issuer, has updated its terms of service (ToS) for customers in Singapore, effectively barring particular customer groups from redeeming Tether (USDT) tokens. The information first came to light via Julian Hosp, co-founder and CEO of Decentralized Finance (DeFi) protocol Cake DeFi, through an email exchange received from Tether. Tether's email elucidated that Cake DeFi is controlled by another corporation based in Singapore, and in accordance with the modified ToS, these customer categories will not be allowed to redeem USDT. However, there still seems to be doubts about whether Cake DeFi can exchange USDT into U.S. dollars owing to its Singaporean base. Notably, the phrase "controlled by another entity" has sparked confusion among many crypto-enthusiasts. The new ToS effectively bans corporates, directors, and shareholders in Singapore, who are influenced by outside entities, from being Tether customers. The changes in Tether's ToS arrive amidst an immense cryptocurrency money-laundering scandal in Singapore where confiscated assets have escalated to over $2 billion. There is speculation that these changes might be specific to Cake DeFi, indicating a possibly heightened due diligence or partnership issues between the two companies.
Bills focused on crypto regulation, market structure and stablecoins could all be put on hold if U.S. lawmakers don’t reach a decision on government spending by Sept. 30.
While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure.
Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC’s reasoning in its Sept. 22 objection.
Chinese scientists are reportedly considering constructing massive facilities to manufacture the technology necessary to create AI semiconductor chips locally.
In an email, Tether said Cake DeFi is controlled by “another corporation that resides in Singapore,” precluding it from redeeming USDT. Tether CTO Paolo Ardoino says this has been in place since 2020.
In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms.