FixedFloat Exchange Targeted by Hackers, $3M Drained in Ethereum, Tron
Despite implementing security upgrades following a previous breach, FixedFloat emphasises that user funds remain secure and unaffected.
![image Catherine](https://image.coinlive.com/24x24/cryptotwits-static/720b34616afaeb69a141652ee25bef54.jpeg)
Despite implementing security upgrades following a previous breach, FixedFloat emphasises that user funds remain secure and unaffected.
Authorities in Gangnam nabbed 10 individuals suspected of orchestrating a fraudulent USDT OTC transaction to pilfer money.
Exploitation of cryptocurrency by Russian intermediaries to bypass sanctions poses regulatory challenges, highlighting ongoing struggles against illicit financial activities.
Tron blockchain is implicated in a significant portion of illegal cryptocurrency transactions, with Tron-based USDT emerging as a key tool for nefarious activities like terrorism financing. Despite denials from Tron DAO and Tether, concerns persist regarding the platform's susceptibility to criminal misuse. Additionally, legal challenges, such as the lawsuit against Tron's founder by the U.S. Securities and Exchange Commission, further highlight the regulatory scrutiny surrounding Tron.
Bitcoin surged to a record high but quickly tumbled, reflecting volatile market dynamics. Institutional investment grows amidst regulatory uncertainties, while concerns about Bitcoin's utility persist, leaving investors questioning its long-term prospects.
Tether has reached the milestone of $100 billion and introduced a blockchain recovery tool to ensure user security. Despite its success, it faces regulatory scrutiny and public controversy, particularly regarding transparency and criminal use.
Singaporean woman Ho Kai Xin accused of embezzling $4.2 million from a crypto firm, facing charges including cheating and money laundering. High Court ruling recognising crypto assets as property sets legal precedent amid allegations and counterclaims.
Tether vehemently denies UN accusations of money laundering, scams, emphasizing blockchain's role in crime prevention. Highlights collaborations with law enforcement, transparency, and invites UN collaboration for a better understanding of blockchain's capabilities.
Tether mints one billion USDT tokens on Ethereum, boosting its market cap to $93 billion, raising questions about market dominance, transparency, and future regulations in the crypto ecosystem.
Explore the UN's latest report in this comprehensive article, revealing how USDT is central to a clandestine banking system across Southeast Asia, raising significant concerns about digital currency misuse in money laundering and organized crime.
A new survey revealed that the majority of users believe the metaverse will reshape their social life.
A New Ecology of the Industry Under Financial Crisis (Abridged Version)
The U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.
Blockchain games and NFT-related Metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count increases of 9.5% and 27% respectively in Q2.
Merchants that accept crypto rather than credit cards for payments can expect to save as much as 3.5% — or more.
Robinhood, a discount brokerage that popularized crypto trading among mainstream users, has fallen on hard times.
Reportedly, ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday.
A spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint.”