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Showing posts with the label crypto exchanges

Major crypto exchanges suffer complications after AWS outage

An outage affecting Amazon’s cloud computing service caused the world’s largest crypto exchange, Binance, to briefly suspend withdrawals. It also created issues for KuCoin, MEXC, and Rabby wallet. Amazon Web Services (AWS) reported the outage at 08:15 am after experiencing power issues in the Singapore region. This impacted Binance, which announced at 09:07 am that it had suspended withdrawals “to keep safe” after experiencing issues “due to a temporary network interruption in the AWS data center.” Binance withdrawals were restored at just past 09:15 am . Crypto exchange KuCoin and MEXC also reported disruptions at just past 09:00 am and haven’t provided an update on the matter since. Crypto wallet firm Rabby Wallet also suffered an outage but is mostly functioning again, while crypto firm DeBank also became unavailable.   Binance memecoin platform Four Meme exploited again — this time for $130K Read more: Elon Musk blames X outage on ‘massive cyberattack’ as...

Hayden Davis still making millions from LIBRA, MELANIA memecoins

Hayden Davis, one of the creators of the LIBRA token that caused a political scandal in Argentina, is still cashing out millions from his high-profile memecoin launches, according to a prominent crypto analyst.  On April 4, crypto scam investigator Dethective caught Davis cashing out $1 million in profits from the launch of Melania Trump’s MELANIA memecoin. According to Dethective, the funds, made up of USDT and USDC, were sent to the MEXC, Bitfinex, and Kraken crypto exchanges.  A day later, Dethective noticed Davis cashing out another $500,000 in Melania token profits. Melania wallets once controlled billions. Now they hold just ~$150M Want to know what happened? This thread breaks it all down: • How Hayden Davis is slowly cashing out profits • The DeFi strategy he’s using to do it • The 50+ new Kelsier addresses I found Let’s dive in.… pic.twitter.com/hBGQZm7lhj — dethective (@dethective) April 4, 2025 Read more: Javier Milei disapproval rate hits 60% i...

Russia sentences Hydra marketplace founder to life in prison

Russian authorities have sentenced Stanislav Moiseyev, the founder of criminal drugs platform Hydra, to life in prison after charging him with organizing a criminal drugs enterprise. Russia’s state-run news agency reported that Moiseyev was fined 4 million rubles (~$37,000) and sentenced alongside 15 other accomplices by a Moscow court. These accomplices were fined a total of 16 million rubles (~$150,000) and received prison sentences ranging from eight to 23 years.   Hydra operated out of Russia and Belarus between 2015 and 2018. In 2021, Chainalysis reported that the group processed almost $3.2 billion worth of crypto through various “high-risk” crypto exchanges. Crystal Blockchain also found that $780 million was transacted between Binance and Hydra . Footage of the sentencing shared by the Moscow Region Prosecutor’s Office. Law enforcement reportedly seized a ton of drugs from the Hydra organization. Moiseyev and his accomplices will reportedly be imprisoned i...