Chinese Police to Bust $87M Worth Crypto Thieves

To date, this case has already become one of the largest in terms of the amount of stolen cryptocurrency
20 August 2018   538

Chinese police have arrested three suspects in theft of bitcoins and another cryptocurrency in the amount of $ 87 million, reports Xinhua.

The investigation lasted several months. Suspects were arrested in Beijing and the provinces of Hunan and Changchun. Representatives of law enforcement agencies noted that several unnamed Internet companies provided assistance to the authorities in the framework of investigative actions.

In March, victim named Jan reported on the theft from his computer cryptocurrency for $ 14.5 million. First, the police found out the data of one suspect named Zhou, and then it became known about his accomplices.

During the investigation, it was found that the suspects committed a series of cyber attacks on corporate and private networks and were able to steal $ 87 million in cryptocurrency.

The police added that the investigation is continuing. Nevertheless, this case has already become one of the largest in terms of the amount of stolen cryptocurrency assets.

OKEx Exchange to Launch GBP and THB OTC Markets

Thai and UK users should to pass the KYC procedure to start using Over-The-Counter platform
24 January 2019   28

OKEx announced support for the British pound and Thai baht on its over-the-counter platform.

The press release notes that users from Thailand and the UK can go through KYC verification procedures and start using the OTC platform.

Orders can be placed on the over-the-counter platform OKEx by independently choosing the exchange rate and payment options. Currently, this OTC-platform contains Bitcoin, Ether, Litecoin and Tether cryptocurrencies.

In addition to the pound and baht, the platform supports the Vietnamese dong and the Chinese yuan. This year, OKEx promises to expand the list of supported fiat currencies and serviced regions.

Earlier, OKEx launched termless Bitcoin swaps, and then similar tools for Ethereum, Bitcoin Cash, Ethereum Classic and Litecoin.