Red Crypto Alert

Daily Crypto Alerts.

[TrustPin @Trustpin]

NOW: Portugal’s biggest banks are closing the accounts of digital-currency #exchanges, something that could deal a blow to one of Europe’s most #crypto-friendly destinations.

[Red Crypto Alert @RedCryptoAlert]

Last week, Banco Comercial Portugues and Banco Santander, shut down all the accounts of Lisbon-based Criptoloja, Bloomberg reported, quoting the exchange’s co-founder and CEO Pedro Borges. The development follows the decision of two smaller banks to close the platform’s accounts.

[Red Crypto Alert @RedCryptoAlert]

Portugal, a leading European crypto hub, is risking the loss of its attractiveness for crypto businesses and talent working in the industry as some of its largest banks are now closing accounts of companies operating with digital currencies.

[Red Crypto Alert @RedCryptoAlert]

Estimates of the damage vary. Just over $5.2M in cryptoassets have been stolen so far from more than 7,900 #Sol wallets, according to blockchain forensics firm Elliptic. Security company #PeckShield said four Solana wallet addresses drained approximately $8 million from victims

[Red Crypto Alert @RedCryptoAlert]

Hackers targeted the Solana ecosystem early Wednesday with thousands of wallets affected in the latest hit to the cryptocurrency market after bridge protocol Nomad was attacked at the start of the week.

[Red Crypto Alert @RedCryptoAlert]

Everything can be fake these days. Stay cautious crypto enthusiasts 😌

https://t.co/XPdxLNjj9b

[TrustPin @Trustpin]

Indian #crypto exchange WazirX is being investigated over claims that $350 million was laundered on the platform.

[Red Crypto Alert @RedCryptoAlert]

#Coinbase Global Inc. is facing a US probe into whether it improperly let Americans trade digital assets that should have been registered as securities, according to three people familiar with the matter. The company’s shares dropped as much as 9.2%.

[TrustPin @Trustpin]

BREAKING: South Korea launching Digital Assets Committee to regulate #Bitcoin and #Crypto.

[TrustPin @Trustpin]

BREAKING🚨: Coinbase's former employee arrested and charged with wire fraud on Thursday.
His brother and friend also face charges in connection to an inside #trading scheme, which profited them at least $1.5 million, according to law enforcement officials. #Cryptocurrency

[Red Crypto Alert @RedCryptoAlert]

The #FBI recently issued a warning to consumers about fraudulent #crypto applications that have scammed 244 victims out of about $42.7 million since October 2021.

[Red Crypto Alert @RedCryptoAlert]

#Putin today signed into law a national ban on using digital assets for payments. 

The action comes after the Russian government and central bank have long debated what to do about #cryptocurrency.

[TrustPin @Trustpin]

Earlier this year, Coinbase made a “strategic investment” into #crypto exchange Zipmex, who now suspends withdrawals because of alleged financial problems.
The amount of the #invesment has not been disclosed yet.

[TrustPin @Trustpin]

TODAY: Zipmex suspends withdrawals just moments after the #crypto exchange CEO denied rumors of #financial trouble.

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🚨BREAKING: Hacker steals $375,000 from users of Premint #NFT platform https://t.co/nkKKtQrVAL by injecting a malicious piece on the JavaScript code.

[TrustPin @Trustpin]

NOW: Indian Finance Minister calls for global #collaboration on #cryptocurrencies, assessing their 'pros and cons' to form a common standard and taxonomy.

[unusual_whales @unusual_whales]

The SEC has announced that it is giving the green light to funds that utilize derivatives to take a leveraged or inverse position on single securities.

[TrustPin @Trustpin]

BREAKING: Court Gives OK to Sue on Blockchain.

According to court documents made public this week, an UK judge gave the go-ahead to serve legal documents over the #blockchain ledger by a nonfungible token #NFT for the first time.

[Red Crypto Alert @RedCryptoAlert]

Lawyers representing #3AC's creditors say the physical whereabouts of #ZhuSu and Kyle Davies are "currently unknown."
The court filing from Friday also alleges that the founders have not yet begun to cooperate with the liquidation process "in any meaningful manner."

[TrustPin @Trustpin]

International Standard Setters Publish Guidance on #Stablecoin Regulations; Terra’s stablecoin $UST collapse in May stirred regulators across the world to call for further regulation #Crypto
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