Withdrawal of $169M from the exchange, Russian detained

Are these situations connected? Let's figure it out
26 July 2017   3709

Distributed database that is used to maintain a continuously growing list of records, called blocks.

Law enforcement agencies of Greece detained a Russian, wanted by the US authorities on suspicion of laundering $ 4 billion through transactions with bitcoins. This is reported by The Associated Press referring to the statement of the Greek police.

The suspect was detained in the morning of July 25 in one of the hotels. His name is not called, it is known only that he is 38 years old. During the detention from the hotel room in which he lived, electronic equipment was seized.

What was the scheme of money laundering is not specified.

The charge for money laundering to a man was filed in 2011. According to the Greek authorities, the detainee is headed by a criminal group that owns one of the world's largest cybercrime sites. The name of the site is not specified.

Also, an interesting coincidence arise. Popular cryptocurrency exchange is anavailable for more than 24 hours now.

At the moment, btc-e.nz is available, but there is only a stab with Twitter.

btc-e.nz stab
btc-e.nz stab


Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Reddit users, that are writting under #btce, suggest that the exchange could be closed or be hacked. It is also possible that fraudsters have access to funds in bitcoin-purses.

Indirectly, this version is confirmed by Twitter users who reported that unknown hackers withdrew  $ 169M from the exchange.

One Twitter user even created a "timeline".

Does these two situations connected? Well, time will show. 

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   332

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.