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The Chinese police stopped the work of an exchange script with a turnover of $25 billion ❌
In November 2022, the police of Qingdao city, Shandong Province, came to the attention of bank accounts of individuals with non-standard behavior and abnormally high turnover that did not correspond to the social status of account holders. There were frequent incoming and outgoing transactions with a daily turnover exceeding 30 million yuan (more than $4 million).
Employees of the Qingdao Public Security Bureau have identified the relationship between suspicious accounts and cryptocurrency transactions on a foreign virtual asset trading platform. In total, transactions worth 158 billion yuan (about $25 billion) passed through suspicious accounts.
After receiving hard evidence, the Qingdao police took measures to detain the account holders. Some of these people turned out to be droppers. The police confiscated cash and virtual assets. It is reported that the operational measures affected 17 provinces across the country.
In November 2022, the police of Qingdao city, Shandong Province, came to the attention of bank accounts of individuals with non-standard behavior and abnormally high turnover that did not correspond to the social status of account holders. There were frequent incoming and outgoing transactions with a daily turnover exceeding 30 million yuan (more than $4 million).
Employees of the Qingdao Public Security Bureau have identified the relationship between suspicious accounts and cryptocurrency transactions on a foreign virtual asset trading platform. In total, transactions worth 158 billion yuan (about $25 billion) passed through suspicious accounts.
After receiving hard evidence, the Qingdao police took measures to detain the account holders. Some of these people turned out to be droppers. The police confiscated cash and virtual assets. It is reported that the operational measures affected 17 provinces across the country.
The founder of Polygon has come to terms with the status of a loser 😫
Many founders and heads of projects like to praise their offspring, especially when summarizing the results of another year of work. However, Sandeep Nailwal is strongly out of this trend. He wrote on Twitter that this year has been very difficult for the Polygon blockchain.
"I won't lie, the whole year 2023 was painful. But now I can safely admit that I'm a loser, and it makes me even freer."
However, Twitter users immediately decided to argue with such pessimistic statements. So, a member of the crypto community under the nickname Phygital claims that the blockchain works well.
"In terms of working during the bear market, I would say that you have achieved more than any other ecosystem, and more than in any other crypto season that I have seen."
Many founders and heads of projects like to praise their offspring, especially when summarizing the results of another year of work. However, Sandeep Nailwal is strongly out of this trend. He wrote on Twitter that this year has been very difficult for the Polygon blockchain.
"I won't lie, the whole year 2023 was painful. But now I can safely admit that I'm a loser, and it makes me even freer."
However, Twitter users immediately decided to argue with such pessimistic statements. So, a member of the crypto community under the nickname Phygital claims that the blockchain works well.
"In terms of working during the bear market, I would say that you have achieved more than any other ecosystem, and more than in any other crypto season that I have seen."
Interpol has confiscated $300 million from cybercriminals and crypto scammers 🐾
Interpol seized $300 million and arrested 3.5 thousand people in 34 countries during an operation to combat cybercrimes and cryptomachines. In total, more than 82 thousand bank accounts were blocked and a total of $199 million in fiat currencies and $101 million in virtual assets were seized, according to an Interpol press release.
The transcontinental police operation HAECHI IV lasted from July to December of this year and was aimed at combating various types of cyber fraud, including phishing, investment and "romantic" scams, the report says.
Interpol seized $300 million and arrested 3.5 thousand people in 34 countries during an operation to combat cybercrimes and cryptomachines. In total, more than 82 thousand bank accounts were blocked and a total of $199 million in fiat currencies and $101 million in virtual assets were seized, according to an Interpol press release.
The transcontinental police operation HAECHI IV lasted from July to December of this year and was aimed at combating various types of cyber fraud, including phishing, investment and "romantic" scams, the report says.
Certik was advised to urgently update OKX Mobile on iOS
The press service of the blockchain security company CertiK has published a new post on the social network Twitter. The organization's specialists have issued a warning about the high security risk. They called on all users of the OKX Mobile app based on the iOS platform to immediately update the software to the latest version.
Experts said that they had fixed several vulnerabilities at once. They noted that the CertiK SkyFall team had discovered and informed OKX of the high risks of remote code execution in the OKX Mobile version. The developers of the trading platform have fixed the problem in the new version released today. However, users of the old one are still at risk, as their funds may be stolen.
Certik is a blockchain and smart contract security platform. It provides audit and verification services for projects based on this technology. This is necessary to ensure a high level of reliability of cryptocurrencies.
The press service of the blockchain security company CertiK has published a new post on the social network Twitter. The organization's specialists have issued a warning about the high security risk. They called on all users of the OKX Mobile app based on the iOS platform to immediately update the software to the latest version.
Experts said that they had fixed several vulnerabilities at once. They noted that the CertiK SkyFall team had discovered and informed OKX of the high risks of remote code execution in the OKX Mobile version. The developers of the trading platform have fixed the problem in the new version released today. However, users of the old one are still at risk, as their funds may be stolen.
Certik is a blockchain and smart contract security platform. It provides audit and verification services for projects based on this technology. This is necessary to ensure a high level of reliability of cryptocurrencies.
Pakistani scammers bred an American for $3 million in cryptocurrency 🤣
• A resident of the American city of Westport lost $3 million after scammers from Pakistan convinced him to invest in cryptocurrency.
The police say that the criminals contacted the victim back in January. They convinced the man to transfer money from a retirement account to a cryptocurrency account called Kraken. After that, the scammers withdrew $ 3 million from the victim's cryptocurrency account.
Westport Police worked with the State Police's Organized Crime Task Force and the Westport Police Detective Bureau to track transactions and freeze all accounts related to the fraudsters' operations. As a result of the investigation, detectives learned that the attackers lived in Pakistan.
According to the police, the arrest of criminals is unlikely, however, $ 3.2 million was collected from the arrested accounts and wallets and returned to the victim.
• A resident of the American city of Westport lost $3 million after scammers from Pakistan convinced him to invest in cryptocurrency.
The police say that the criminals contacted the victim back in January. They convinced the man to transfer money from a retirement account to a cryptocurrency account called Kraken. After that, the scammers withdrew $ 3 million from the victim's cryptocurrency account.
Westport Police worked with the State Police's Organized Crime Task Force and the Westport Police Detective Bureau to track transactions and freeze all accounts related to the fraudsters' operations. As a result of the investigation, detectives learned that the attackers lived in Pakistan.
According to the police, the arrest of criminals is unlikely, however, $ 3.2 million was collected from the arrested accounts and wallets and returned to the victim.
A Moscow investigator was arrested in absentia for taking a bribe in bitcoins worth 7.3 billion rubles
Another Moscow law enforcement officer was caught for taking a bribe in bitcoins ― Dmitry Gubin, deputy head of the investigative department of the TFR in the Tverskoy district of the capital, received 2,718 BTC.
According to the GSU TFR, we are talking about a criminal group, which, in addition to Gubin, included his boss Marat Tambiev and investigator Kristina Lyakhovenko. Tambiev was detained earlier on charges of accepting a bribe in the amount of 1,032 BTC (1.6 billion rubles). However, Dmitry Gubin is hiding abroad, so all investigative and judicial actions with him are carried out in absentia.
Another Moscow law enforcement officer was caught for taking a bribe in bitcoins ― Dmitry Gubin, deputy head of the investigative department of the TFR in the Tverskoy district of the capital, received 2,718 BTC.
According to the GSU TFR, we are talking about a criminal group, which, in addition to Gubin, included his boss Marat Tambiev and investigator Kristina Lyakhovenko. Tambiev was detained earlier on charges of accepting a bribe in the amount of 1,032 BTC (1.6 billion rubles). However, Dmitry Gubin is hiding abroad, so all investigative and judicial actions with him are carried out in absentia.
The programmer forgot the password to the Bitcoin wallet
10 years ago, a programmer from San Francisco, Stevar Thomas, bought 7002 Bitcoins. He transferred them to a hardware wallet. Subsequently, Thomas forgot the password combination that provides access to the cryptocurrency wallet.
Since the price of Bitcoin has risen, Stevar tried to remember the password to the wallet, where there was almost $ 200 million in Bitcoins. However, the programmer has not been able to remember it yet. Recall that now the Bitcoin exchange rate is a little more than $ 26,500.
Thomas entered the password 8 times and all attempts were unsuccessful. He has 2 more attempts left. If the password is entered incorrectly several more times, access to the wallet will be lost forever. The programmer does not yet know how to remember the password from the hardware wallet.
10 years ago, a programmer from San Francisco, Stevar Thomas, bought 7002 Bitcoins. He transferred them to a hardware wallet. Subsequently, Thomas forgot the password combination that provides access to the cryptocurrency wallet.
Since the price of Bitcoin has risen, Stevar tried to remember the password to the wallet, where there was almost $ 200 million in Bitcoins. However, the programmer has not been able to remember it yet. Recall that now the Bitcoin exchange rate is a little more than $ 26,500.
Thomas entered the password 8 times and all attempts were unsuccessful. He has 2 more attempts left. If the password is entered incorrectly several more times, access to the wallet will be lost forever. The programmer does not yet know how to remember the password from the hardware wallet.
Finbold: Ethereum is undervalued
Ether is undervalued, and the cryptocurrency exchange rate may recover next week due to strong fundamentals.
The ETH exchange rate is undervalued, and the value of the coin may recover next week after the fall. That's what the Finbold edition thinks.
The general crypto market has been under pressure this week. The broadcast was no exception. The ETH rate dropped by 5% to $1,557 over the week.
Over the past 2 weeks, the drop was 8%. Per month - 2%. At the same time, the year-on-year growth is 30%.
The foundations of the network remain strong and it can attract more investors. The coin is now oversold. The relative strength indicator - RSI - for Ethereum decreased from 70 to 35 points in October.
The situation is similar with the 30-day exponential moving average - EMA. It continues to decline in relation to the 200-day line. This indicates strong sales pressure.
Ether is undervalued, and the cryptocurrency exchange rate may recover next week due to strong fundamentals.
The ETH exchange rate is undervalued, and the value of the coin may recover next week after the fall. That's what the Finbold edition thinks.
The general crypto market has been under pressure this week. The broadcast was no exception. The ETH rate dropped by 5% to $1,557 over the week.
Over the past 2 weeks, the drop was 8%. Per month - 2%. At the same time, the year-on-year growth is 30%.
The foundations of the network remain strong and it can attract more investors. The coin is now oversold. The relative strength indicator - RSI - for Ethereum decreased from 70 to 35 points in October.
The situation is similar with the 30-day exponential moving average - EMA. It continues to decline in relation to the 200-day line. This indicates strong sales pressure.