UK Post will start selling cryptocurrency next week
Buying digital assets will only be available to users of the EasyID app, which was launched by the British postal service in August
Post offices in the U.K. will begin selling cryptocurrency next week using vouchers from decentralized cryptocurrency exchange Swarm Markets, CoinDesk reports. UK residents will be able to buy vouchers and then activate them on the trading platform, exchanging them for bitcoin and Ethereum.
Only users of the EasyID identity verification app, which was launched by the British postal service in August of this year, will be able to purchase digital assets.
In 2019, the Liechtenstein Postal Service began trading bitcoin. When digital coins are purchased, residents of the European republic receive a physical wallet with encryption keys. In 2020, sales of the first cryptocurrency started in more than 3,500 post offices in Australia.
The hacker who hacked Cream Finance returned more than $17 million to the project
On September 8, the attacker transferred 5.15 thousand Ethereum to the developers of DeFi-protocol, which is 97% of the stolen amount
The hacker who cracked Cream Finance’s DeFi-protocol transferred 5.15 thousand Ethereum ($17.5 million at the exchange rate as of 18:25 MSK on September 8) to the creators of the project. This was reported by the analytical company PeckShield. Cream Finance was hacked on August 30. The attacker managed to withdraw about $18 million from the protocol addresses.
On September 1, the developers of the protocol said they would compensate users for the damage. The founders of Cream Finance claimed that they would allocate 20% of the collected transaction fees to reimburse the damage. The developers also said they were willing to pay 10% of the stolen amount to the hacker if he returned the stolen funds.
This is the second hacker attack on Cream Finance in the last year, which resulted in multimillion losses. In February, criminals exploited a vulnerability in Alpha Finance’s smart contract and stole $37.5 million worth of cryptocurrency
U.S. authorities threatened cryptocurrency exchange Coinbase with a lawsuit
U.S. regulator SEC opposed the launch of the Lend lending service, which was due to take place on the trading platform in the coming weeks
The U.S. Securities and Exchange Commission (SEC) has threatened the largest U.S. cryptocurrency exchange Coinbase with legal action over the launch of the trading platform’s lending service Lend. This was announced by Coinbase CEO Brian Armstrong on Twitter.
According to Armstrong, representatives of the exchange contacted the SEC to notify them about the launch of the new product. The regulator classified loans under the Lend lending service as unregistered securities. The SEC requested additional documentation and testimony from employees of the crypto exchange, Armstrong said.