$94.5M were withdrawn from BTC-e ETH wallet

485,705.4597502 ETH were withdrawn by one transaction 
30 July 2017   4672

Since the BTC-e gone offline earlier this week, funds on the exchange's Ethereum-wallet were not moving. However, on the evening of Saturday, July 29, all the coins that were there were withdrawn by one transaction.

Wallet report from EtherScan

The total withdrawn amount is 485,705.4597502 ETH, which at the current market rate is almost $ 95 million.

Also, before that, two more apparently control transactions (incoming and outgoing) for symbolic sums were implemented.

While it remains unclear who owns the wallet to which these funds were withdrawn. The previous transaction history is clear.

It worth reminding, that according to the experts, BTC-e was used to cash around 95% of ransomware payments. Also, BTC-e received a $110M penalty from US authorities. Alexander Vinnik, the operator of BTC-e was arrested few days ago in Greece. He is suspected for money laundering.

Coinbase to Expand Services for Asia

Among the services available now there are Coinbase Prime, Pro and Custody
22 January 2019   120

Coinbase, the leading US cryptocurrency company reported that from now on its professional trading and custodial platforms are available to institutional clients and investors with large volumes from the Asian region.

In particular, according to the Coinbase blog, users of Asia will have access to the option of depositing accounts and withdrawing funds using SWIFT transfers through non-US bank accounts.

In the past 12 months, hundreds of crypto-first hedge funds have launched around the world, and many hundreds more traditional institutions such as proprietary trading firms, family offices and endowments have begun actively trading digital assets. Coinbase’s suite of professional products — Coinbase Prime and Pro, Coinbase Custody — serves these customers, along with other participants in the market, like asset issuers, crypto exchanges, and miners.

Elliott Suthers


Among the services available there are Coinbase Prime, Coinbase Pro and Coinbase Custody, which also supports the steamer USDC.

In December 2018, Coinbase began to provide services to residents of the islands of Guernsey and Maine, as well as Lithuania, Iceland, Andorra and Gibraltar.