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ChainCatcher
25 minutes ago
News
#News#
Japan's Mitsubishi UFJ Trust Bank to collaborate with Binance Japan to launch new stablecoin
ChainCatcher news, according to Coinpost, Japan’s Mitsubishi UFJ Trust Bank announced that it will begin cooperation with Binance Japan and Progmat, planning to jointly launch a new stable currency denominated not only in Japanese yen, but also in foreign currencies such as the US dollar. It is reported that the new stablecoin will be created using Progmat Coin, a stablecoin platform owned by Mitsubishi UFJ Trust Bank, and will serve as the core of the cooperation between Binance Global Ecosystem and the Japanese market.
ChainCatcher
29 minutes ago
News
#News#
Bloomberg Analyst: Bitwise has submitted an amendment to its spot Bitcoin ETF application, rebutting the US SEC’s rejection point by point
ChainCatcher news, Bloomberg ETF analyst James Seyffart posted on social media that the cryptocurrency investment management company Bitwise has submitted an amendment to the spot Bitcoin ETF application. The main change is that it has added a section to refute the U.S. securities point by point. Exchange Commission (SEC) reasons for rejection of its previous applications and studies.
ChainCatcher
38 minutes ago
News
#News#
Binance will launch GLMR 1-10 times U-margined perpetual contract tomorrow
According to ChainCatcher news, according to the official announcement, Binance will launch the GLMR 1-10x U-based perpetual contract at 09:30 on September 26, 2023 (UTC+8).
ChainCatcher
43 minutes ago
News
#News#
Wemade launches NFT auction service Drops on its blockchain gaming platform WEMIX PLAY
ChainCatcher news, according to Globe Newswire, WEMIX, a chain gaming platform owned by Korean gaming company Wemade, announced the launch of NFT auction service Drops. It is reported that Drops will auction game NFTs as well as special NFTs minted by various games available on WEMIX PLAY, and players can use WEMIX to participate in the auction.
ChainCatcher
an hour ago
News
#News#
Jiang Zhuoer: The BTC in Mixin BOX should not have been stolen
According to ChainCatcher news, Jiang Zhuoer, founder of Lebit Mining Pool, said on Weibo that the $200 million stolen from Mixin is suspicious because the BTC in the BOX should not have been stolen in the first place. Jiang Zhuoer said that since the BTC in BOX is a long-term fixed investment and is not circulated, it should normally exist in a cold wallet. If the server is hacked, BOX and XIN need to be circulated, and the coins stored in the hot wallet may be stolen. It is impossible for the BTC in the cold wallet to be stolen. But now BTC is stolen, but BOX and XIN are not stolen? Moreover, the operator announced a 50% compensation without waiting for the results of the investigation. The source of the compensation amount is questionable.
ChainCatcher
an hour ago
News
#News#
MicroStrategy once again purchased 5,445 Bitcoins for approximately $147.3 million
According to ChainCatcher news, MicroStrategy founder Michael Saylor posted on social media that MicroStrategy once again purchased 5,445 Bitcoins for approximately US$147.3 million, with an average price of US$27,053 per coin. As of September 24, 2023, MicroStrategy purchased 158,245 Bitcoins for approximately $4.68 billion, with an average price of $29,582 per Bitcoin.
ChainCatcher
an hour ago
News
#News#
SBF documentary "The Fall of the Crypto King" will be launched on the BBC tomorrow
ChainCatcher news, the British Broadcasting Corporation (BBC) will launch FTX founder SBF’s documentary "Downfall of the Crypto King (Downfall of the Crypto King)" at 3:00 on September 26, Beijing time. The genre is documentary and news.
ChainCatcher
2 hours ago
News
#News#
Tether CTO: Singapore has long been included in prohibited jurisdictions and the terms of service have not been changed
ChainCatcher news, in response to Cointelegraph's report that "Tether prohibits some Singaporean customer groups from converting USDT into US dollars", Tether Chief Technology Officer Paolo Ardoino stated on the X platform that Tether stated in its terms of service updated as early as May 12, 2020, Singapore is one of the prohibited jurisdictions. Following ChainCatcher news earlier today, Cointelegraph said that Tether changed its terms of service (ToS) in Singapore to prohibit certain local customer groups from converting USDT into US dollars.
ChainCatcher
2 hours ago
News
#News#
Paidun: The Mixin incident is the largest hacker attack in the encryption field this year
ChainCatcher news, according to Pidun, as of September 25, the top ten hacker attacks in 2023 include Mixin (loss of US$200 million), Euler Labs (loss of US$197 million, hackers have refunded), Vyper/Curve (loss of US$73.6 million) , hackers returned US$52.3 million), CoinEx (loss of US$70 million), Atomic Wallet (loss of US$65 million), Stake (loss of US$41 million), CoinsPaid (loss of US$37.7 million), Poly Network (loss of US$26 million), low-carb-crusader ($25 million loss), whale phishing ($24 million loss). Mixin is the largest crypto hack so far this year.
ChainCatcher
3 hours ago
News
#News#
Analysis: SBF sentences expected to be around 10 to 20 years, not 115 years
ChainCatcher news, according to CoinDesk, in the trial of FTX founder Sam Bankman-Fried (SBF), only 2 of the 7 charges faced by SBF were "substantial" charges, namely "committing wire transfer fraud against FTX customers" and " Wire Fraud Against Alameda Research Lenders,” meaning the DOJ alleges that SBF himself actively committed these crimes. The remaining five charges are "conspiracy" charges, meaning the U.S. Department of Justice accuses him of planning to commit a crime with at least one other person. Unlike "substantial" charges, "conspiracy" charges do not require proof that "a crime actually occurred." For a "conspiracy" charge, the DOJ must prove beyond a reasonable doubt that at least two individuals "agreed to commit fraud" and acted publicly to do so. Kramer Levin partner Jordan Estes said the Justice Department will likely try to simplify the case as much as possible so that the jury focuses on the lies and fraud SBF engaged in, but if SBF's defense team is able to prove he had no intention of trying to commit fraud, he could be indicted. found not guilty. The eight charges initially faced by SBF, one of which was later dropped, carried a combined penalty of 115 years in prison. Some media have suggested that SBF could spend more than 100 or 150 years in prison, but in reality, if he is convicted, he likely won't need to spend that much time in prison. First, even if there are multiple convictions, the sentences are more likely to be served concurrently rather than consecutively. Given the seriousness of the crime and the expected damages, SBF could spend around 10 to 20 years in prison if convicted, several attorneys said.
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