Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian ReportsJatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.🤯
🧐 Study: 75 Percent of Binance’s Fiat Currency Transactions are in Turkish Lira Pairs
According to research by cryptocurrency analysis company Kaiko, an overwhelming majority of 75% of the fiat currency pair trading volume on Binance, the world's largest cryptocurrency exchange, since the beginning of September has been in Turkish Lira pairs.
According to the data, there was a sudden increase in the usage rate of Turkish Lira pairs, especially in September compared to other months.
After the Turkish Lira, the most used fiat currency on Binance was the Euro, with approximately 20%. After the Euro, Brazilian Real and other fiat currencies were listed.
North Korean hackers at the infamous Lazarus Group have by the FBI been identified as responsible for stealing $41 million worth of crypto from the online crypto casino Stake.
The attack, which took place around September 4, drained funds over the blockchain networks Ethereum, BNB Chain (formerly Binance Smart Chain/BSC), Polygon and Bitcoin, the FBI said in a statement published on Wednesday this week.
The statement listed 33 wallet addresses believed to be involved in the attack, and officially attributed it to North Korea’s Lazarus Group (also known as APT38).
Blanket Crypto Bans Won’t Work, Joint IMF, FSB Paper WarnsThe global standard-setters also warned stablecoins adopted by multiple jurisdictions "may transmit volatility more abruptly" than other crypto.
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