1Confirmation
Two Charged With Running ‘Shadow Banking’ Service for Crypto Exchanges
The U.S. government has sued two individuals in connection with a scheme to provide “shadow banking” services to unregulated crypto exchanges.
1Confirmation
Tether Lawyer Confirms Stablecoin 74 Percent Backed by Cash and Equivalents
Tether’s general counsel acknowledges that USDT is only 74% backed by cash and equivalents in a new affidavit.
1Confirmation
Microsoft Outlook Hackers Stole Crypto Using Victims’ Emails: Report
Hackers who breached Microsoft Outlook have reportedly used the email service to steal cryptocurrency users’ funds.