FinTwit

2021-08-29 12:59:27 BILAXY HOT WALLETS HACKED

Cryptocurrency exchange Bilaxy tweeted its hot wallets were hacked. Users were advised to refrain from making deposits. The company does not disclose the amount of damage.

According to MyCrypto security analyst Harry Denley, the hackers also disabled the exchange's support team and blocked its email domains. According to him, the daily trading volume of the platform exceeds $338 million.

Bilaxy will release the details of the attack after maintenance.

Follow us:
fintwit.news
t.me/fintwitter
instagram.com/fintwitstream
vm.tiktok.com/ZSJGTrGrp Open / Comment

2021-08-29 12:08:59 SEC INTENDS TO COLLECT $200,000 FROM STEVEN SEAGAL

A district court in New York allowed the SEC to recover $200,000 from Stephen Seagal for advertising an ICO for cryptocurrency startup Bitcoiin2Gen.

In February 2018, Segal became the brand ambassador for Bitcoiin2Gen and actively promoted the ICO campaign on social media. The startup raised $75 million. However, in early March 2018, the New Jersey Securities Bureau stopped the ICO to protect investors from possible fraud.

In February 2020, the SEC fined Segal $314,000 for hiding a startup fee and banned the actor from participating in a stock promotion for three years.

According to Bloomberg, he agreed to pay $330,000, but made only one payment for $75,000, delaying the rest of the payments and ceasing to contact.

Follow us:
fintwit.news
t.me/fintwitter
instagram.com/fintwitstream
vm.tiktok.com/ZSJGTrGrp Open / Comment

2021-08-28 21:16:19 OPENSEA WEEKLY NFT SALES TOPPED $1 BILLION FOR THE FIRST TIME

The Ethereum-based OpenSea marketplace hit a record $1.14 billion weekly trading volume. This figure is 170% more than in the previous week. OpenSea also handled 250% more trading volume this week than it did in all of last July.

A record $2.49 billion in deals were also made on the marketplace in August. This amount is 666% higher than the previous record of $326 million, set last month.

Follow us:
fintwit.news
t.me/fintwitter
instagram.com/fintwitstream
vm.tiktok.com/ZSJGTrGrp Open / Comment

2021-08-28 05:22:22 Tim Cook sells Apple shares worth $750 Million

https://www.fintwit.news/companies/167-tim-cook-sells-apple-shares-worth-dollar750-million Open / Comment

2021-08-27 22:30:16 ONTARIO BANS REGULATED CRYPTO EXCHANGES FROM WORKING WITH TETHER

The Ontario Securities Commission (OSC) has banned two regulated cryptocurrency exchanges - Wealthsimple and Coinberry - from working with the stablecoin Tether (USDT).

According to The Block, USDT ended up in the "Prohibited Crypto Assets" category. The reasons for this decision were not disclosed in the documents received by the companies.

Follow us:
fintwit.news
t.me/fintwitter
instagram.com/fintwitstream
vm.tiktok.com/ZSJGTrGrp Open / Comment

2021-08-27 18:23:30 BINANCE INCREASES THE LIST OF PROHIBITED CURRENCIES

Following the ban on the use of the South Korean won and the Malaysian ringgit in transactions, crypto exchange Binance has also taken restrictive measures against the Norwegian krone.

Restrictions apply to trade and deposit payments. The platform has also dropped support for the Norwegian language.

Earlier, Binance closed access to crypto derivatives trading to users in Hong Kong, Germany, Italy and the Netherlands.

Follow us:
fintwit.news
t.me/fintwitter
instagram.com/fintwitstream
vm.tiktok.com/ZSJGTrGrp Open / Comment

2021-08-27 18:01:04 SEC TO START TRACKING DEFI TRANSACTIONS

The US Securities and Exchange Commission has entered into an agreement with analytical company AnChain.AI to monitor and regulate the decentralized finance (DeFi) sector.

AnChain.AI specializes in tracking illegal transactions on crypto exchanges, DeFi protocols and traditional financial institutions.

The initial contract amount is $125,000. There are also five separate annual options of $125,000 each, for a total of $625,000.

Follow us:
fintwit.news
t.me/fintwitter
instagram.com/fintwitstream
vm.tiktok.com/ZSJGTrGrp Open / Comment

2021-08-27 14:41:17 CENTRAL BANK OF CHINA WARNED ABOUT THE LACK OF REAL VALUE IN CRYPTO

The People's Bank of China (PBOC) noted that Bitcoin and other cryptocurrencies are not legal means of payment in the PRC and have no real value.

According to the country's Central Bank, such transactions with digital assets represent "pure investment speculation."

The PBOC also announced its intention to continue to suppress operations with cryptocurrencies and to maintain pressure on the industry.

Follow us:
fintwit.news
t.me/fintwitter
instagram.com/fintwitstream
vm.tiktok.com/ZSJGTrGrp Open / Comment

2021-08-27 08:54:48 THE CENTRAL BANK OF CUBA TO START REGULATING CRYPTO

According to a recent resolution, the Central Bank of Cuba will regulate the rules for the use of digital assets, as well as license crypto service providers in Cuba.

Thus, Cuba is set to become the first country in North America to officially recognize and regulate cryptocurrencies.

This initiative is largely related to the US embargo, which made it difficult for many Cubans to use US dollars.

Follow us:
fintwit.news
t.me/fintwitter
instagram.com/fintwitstream
vm.tiktok.com/ZSJGTrGrp Open / Comment

2021-08-26 22:51:00 ETHEREUM HASH RATE UPDATED ALL-TIME HIGH

According to Etherscan, the hashrate of the Ethereum network has reached 646.7 GH/s, updating its all-time high.

This figure exceeded the previous record of 643.8 GH/s, which was on May 20.

Ethereum's hash rate hit a record high due to continued growth in the DeFi sector and the NFT boom.

Follow us:
fintwit.news
t.me/fintwitter
instagram.com/fintwitstream
vm.tiktok.com/ZSJGTrGrp Open / Comment