Chinese banks freeze accounts over crypto memos
Chinese nationals are reporting that putting “Bitcoin,” “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen.
Bitcoin24h
$65,569.76-1.19%
Ethereum24h
$1,930.18-2.44%
BNB24h
$621.16+0.00%
XRP24h
$1.34-1.78%
Solana24h
$83.26-1.96%
TRON24h
$0.2815-0.02%
Dogecoin24h
$0.0912-1.69%
Cardano24h
$0.2708-1.84%
Bitcoin Cash24h
$441.68-1.08%
UNUS SED LEO24h
$9.02+0.08%
China’s Regulation 42 forces Tether to kill its CNHT stablecoin
Tether has never been in a better place than it is right now, at least in the US. But in China, it’s a very different story.
—by
Bennett Tomlin
Newsletter
The Context 162: 🛎️ Binance is not committed to compliance or users
Despite Binance’s claims about the importance of compliance, it is willing to list TrueUSD, a stablecoin where the reserves is a loan.
NFT investor Adam Weitsman’s X account hacked to shill ‘Clawed Ape Yacht Club’
Hackers took control of scrap-metal billionaire Adam Weitsman’s X account to post a forex trading scam and a fake NFT crypto project.
Crypto Capital Corp’s $850M collapse linked to Israeli mafia cocaine ring
Crypto Capital Corp wound down after $850M was seized sometime between late 2018 and early 2019, but the ramifications continue to be felt.
-
Largest BNB treasury crashes 95%, blames CZ investment vehicle—by Protos Staff
-
Tom Lee’s ETH losses at Bitmine exceed FTX customer losses—by Protos Staff
-
‘Bryce’s Secret’: Terraform claims Jane Street behind $40B meltdown—by Protos Staff
-
The legal battles of Justin Sun—by Protos Staff
-
CHART: Bitcoin returns in short bursts—by Protos Staff
-
Aave developer BDG Labs to ‘cease contribution’ after DAO drama—by Protos Staff
-
Michael Saylor’s Spinal Tap ad says STRC is like a bank account — it isn’t—by Protos Staff
-
FTX-linked Effective Ventures sells UK manor at $14.5M loss—by Protos Staff
-
Dutch nominee to oversee crypto tax quits over CV scandal—by Protos Staff
