Remitano Exchange Suffers $2.7M Hack, $1.4M of Tether Freeze
The Remitano cryptocurrency exchange encountered a security risk on Thursday. Suspicious withdrawals totalling over $2.7 million in various digital currencies took place.
Keep up with what's happening in the crypto world in real-time.
The Remitano cryptocurrency exchange encountered a security risk on Thursday. Suspicious withdrawals totalling over $2.7 million in various digital currencies took place.
Crypto hacks on the rise! Cyber Alerts reveals a major security breach at Remitano Exchange, resulting in a staggering loss of $2.7 million
The second edition of the Plan ₿ Forum in Lugano, in collaboration with Tether (USDT), will host a curious initiative this year, namely the Bitcoin Film Festival.
On Thursday, the Remitano cryptocurrency exchange found itself amidst a security crisis. Over $2.7 million in various digital currencies were suspiciously withdrawn.
The Remitano exchange experienced suspicious transactions as over $2.7 million was drained from its wallet by a single account.
JPEX made an announcement regarding the adjustment of USDT withdrawal fees.
Tether faces allegations of ties to questionable activities, including unfulfilled audit promises and transfers of USDT tokens. No U.S. law enforcement charges have been filed, with Tether maintaining these connections don't implicate the company or USDT.
Bitstamp, one of the leading cryptocurrency exchanges, announced today that it will offer boosted annual percentage yields (APY) of up to 6% on a range of cryptocurrencies including Ethereum (ETH), XRP, Tether (USDT), Bitcoin Cash (BCH), and Litecoin (LTC).
This was a transaction on the Tron network, which occurred between one of the public addresses belonging to Tether and one of those belonging to the crypto exchange Bitfinex.
With traders across the blockchain ecosystem taking precautions, investors need to be prudent about their exposure to cryptos.
Crypto lending firm Ledn announced on Sept. 12 that its interest-bearing Growth Accounts now support both of the crypto market's leading stablecoins.
Crypto lender Ledn has unveiled a new 8.5% APY offering for USDT savings deposits, set to go live in early October.
Bitfinex and Tether Chief Technical Officer Paolo Ardoino will be deposed as part of a class-action lawsuit against both firms and their related executives.
Chief Judge Laura Taylor Swain of the US District Court for the Southern District of New York has unequivocally denied Shawn Dolifka's motion to amend his class action lawsuit against crypto giants, Tether and Bitfinex.
Prosecutors in the 2019 LeboBTC lawsuit have demanded Tether's CTO Paolo Ardoino be deposed on Wednesday instead of early October. They claim the court should enforce the deposition because Ardoino is “indisputably available” and only needs to testify from his personal knowledge.
The cryptocurrency world is no stranger to controversy, and the latest legal battle involving Tether and Bitfinex is a testament to that. Paolo Ardoino, the Chief Technology Officer (CTO) of both Tether and Bitfinex, is slated to testify in a class-action lawsuit looming over the two firms since 2019.
Bitfinex and Tether CTO Paolo Ardoino will be deposed this week as part of an ongoing class-action lawsuit against both businesses and their related executives.
Paolo Ardoino, the CTO of Tether and Bitfinex, is about to give a crucial testimony in a big lawsuit. This lawsuit, which started in 2019, accuses both companies of financial misconduct and is seeking over $1.4 trillion in damages.
Bitfinex and Tether's CTO, Paolo Ardoino, are set to play a crucial role in an ongoing class-action lawsuit against the two companies, according to a recent order by a New York judge.
Paolo Ardoino, the Chief Technology Officer of Tether and Bitfinex, is set to testify this week in a class-action lawsuit. The lawsuit has embroiled both firms since 2019.
Ardoino will be deposed this week after the court denied his counsel's request for more time to prepare.
However, starting as early as the end of the first week of the month, it had begun to fall a bit, probably due to the sluggish phase that crypto markets were going through.
In a recent revelation, Michael Barr, a vice chair for supervision at the US Federal Reserve, has voiced apprehensions over the growing influence of unregulated stablecoins pegged to the US
Tether, the largest stablecoin in the cryptocurrency market, discussed how its leverage of U.S. treasury bills creates a steady demand for U.S. national debt as a backup of the USDT issuance. The company has exposure to almost $73 billion in U.S. debt, held directly, indirectly, or as collateral for reverse repo operations. Tether U.S.
