Samourai Wallet co-founder faces new transfer after 30-day ordeal
Related
The Bank of Korea has released a regulatory proposal suggesting that personal stablecoin transactions exceeding $10,000 should be limited to transfers from verified wallets.
According to Mars Finance, the legal team of the Bank of Korea has published a research paper titled "Regulatory Scheme for Foreign Remittance Transactions Targeting Stablecoins," proposing regulatory recommendations for large-scale stablecoin transactions. The paper, referencing current South Korean foreign exchange control regulations, proposes constraints on stablecoin transfers exceeding $10,000 between individuals, requiring such transactions to be conducted only between officially certified wallets, along with a pre-reporting mechanism. The institution acknowledges that there are technical obstacles to fully controlling unregistered wallets, but due to anti-money laundering compliance requirements, it is necessary to strengthen restrictions on large-scale cross-border stablecoin fund flows. South Korean regulators have previously repeatedly stated the need to improve the monitoring system for cross-border crypto asset transactions using non-custodial wallets; this paper further refines and implements the regulatory approach.
Nearly 4 billion DOGE coins, worth approximately $299 million, were transferred from Binance to an unknown wallet.
PANews reported on July 7 that, according to Whale Alert, 3,999,999,999 DOGE (worth approximately $299,505,966 USD) were transferred from Binance to an unknown wallet.
BlackRock has transferred over 22,600 BTC to Coinbase in the past six days.
PANews reported on July 6th that, according to Onchain Lens, BlackRock transferred 2,265.685 BTC to Coinbase today, equivalent to approximately $142 million at current prices. Over the past six days, BlackRock has deposited a total of 22,624.685 BTC into Coinbase through multiple transactions, with a total value of approximately $1.42 billion.
Data: OKX BTC wallet balance increased by 2.35% in the past 7 days, while Binance reserve assets saw a net outflow of over $971 million.
According to ChainCatcher's official website data panel, in terms of BTC wallet balances, among the top 10 exchanges by balance over the past 7 days, OKX saw the largest increase at 2.35%, while Gemini experienced the largest decrease at 0.65%. Regarding exchange asset transparency verification, over the past 7 days, the top three exchanges with the largest net outflows of reserve assets were Binance ($971 million), Bitfinex ($420 million), and Gate ($295 million); the top three exchanges with the largest net inflows of reserve assets were OKX ($231 million), KuCoin ($25.2012 million), and Deribit ($10.1641 million).
DefiLlama delayed mobile launch over phishing apps on Apple Store, founder says
DefiLlama’s founder said Apple removed one fake app within days after the company documented it draining funds from a small crypto wallet.
Eighteen wallets dumped 372 million TAC tokens on-chain in the early hours of the morning, causing TAC to plummet by 91%.
PANews reported on July 8th that, according to on-chain analyst Yu Jin, since early this morning, 18 wallets have been dumping TAC on-chain, causing TAC to plummet by 91% ($0.05 to $0.0045). These wallets sold a total of 372 million TAC in exchange for 1.78 million USD1, selling the tokens after they were transferred from the TAC chain to the BSC chain. This dumping tactic is similar to SIREN a month ago and AKE yesterday, and may be manipulated by the same "cause group".