Blockchain DXB: 🔴 31st Dec 🔴 👿U.S. Treasury Department hacked ⚡Tether adds BTC to its reserves 🚨Russia - #BTC for International Trade 🟢Argentine authorities freeze $3.5 million in USDT
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31st Dec: Blockchain DXB) Podcast👿U.S. Treasury Department hacked ⚡Tether adds BTC to its reserves 🚨Russia - #BTC) for International Trade 🟢Argentine authorities freeze $3.5 million in USDT👿 Chinese state-sponsored hackers breached the U.S. Department of the Treasury) on December 8, 2024, accessing employee workstations and unclassified documents. The attack involved exploiting security keys from BeyondTrust, a third-party cybersecurity provider. Check out today's Blockchain DXB) episode we share our commentary on the following:- U.S. Response- Chinese Denial- Broader Implication- Impact on Bitcoin Price- Direct Correlation & Crypto Market Sentiment- Bitcoin's Nature🟢 Tether, the issuer of the USDT stablecoin, has added $700 million worth of Bitcoin to its corporate crypto reserve address. According to on-chain data from Arkham, the transaction occurred on December 30, reflecting a significant increase in Tether's Bitcoin holdings.❗ Tether.io) is on track to close the year with more than $10 billion in net profits, according to CEO Paolo A.) via Fortune https://shorturl.at/WcNeM)🚨Russia is using domestically mined Bitcoin for international trade payments to circumvent Western sanctions, confirmed Finance Minister Anton Siluanov. These transactions are part of an experimental regime expected to expand in 2025. Following sanctions, including removal from SWIFT, Russia has explored alternative payment methods with trading partners like China and India. President Vladimir Putin recently praised Bitcoin's resilience, while lawmakers proposed adding it to Russia's reserves. Additionally, new regulations will ban crypto mining in certain regions starting January 2025 to manage energy usage via Finance Magnates) https://shorturl.at/mdQ6O)🟢 Argentine authorities ordered Tether to freeze $3.5 million in USDT tied to Rainbowex, an alleged pyramid scheme affecting thousands. A raid involving 22 warrants led to 10 arrests and revealed Rainbowex’s fake cryptosystem, which blocked investor withdrawals. Two international warrants were issued for Malaysian nationals, and firms like Lemon and Chainalysis supported the investigation. Authorities also uncovered hired actors posing as company directors, highlighting the scheme's fraudulent nature. Efforts to combat such scams are increasing. New via Bitcoin.com) https://shorturl.at/HgQQl)🟠 Two UAE news⚡ Crypto Jobs List) inks Partnership with Dubai Islamic Bank)⚡ Messier Tech LTD.) is now Registered in UAE, Opening New Possibilities in the Field of Crypto and Blockchain

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