Tag: sponsored
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Grinex Crypto Exchange Halts Operations Citing 13.7 Million Dollar Cyberattack and Alleging State-Sponsored Sabotage by Western Intelligence Services
Grinex, a prominent cryptocurrency exchange with deep ties to the Russian financial ecosystem, officially suspended its operations on Thursday, April 16, 2026, following what it describes as a massive security breach resulting in the theft of 1 billion rubles, equivalent to approximately $13.7 million. In a series of urgent communications disseminated via its official website…
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Victims of Iranian-Sponsored Terrorism Seek Court Order to Compel Tether to Release $344 Million in Immobilized USDT.
A significant legal development unfolded in the Southern District of New York last Thursday when individuals holding substantial U.S. judicial awards linked to Iranian-sponsored terrorism filed a petition requesting a Manhattan federal judge to mandate Tether, the issuer of the world’s largest stablecoin, USDT, to release over $344 million in immobilized digital assets. This unprecedented…
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Sanctioned Russian Crypto Exchange Grinex Halts Operations Following 13 Million Dollar Cyberattack and Allegations of State Sponsored Economic Warfare
The digital asset landscape in Eastern Europe faced a significant disruption this week as Grinex, a prominent cryptocurrency exchange with deep ties to the Russian financial sector, announced an indefinite suspension of all operations. The platform, which has become a cornerstone for ruble-to-crypto transactions following international sanctions against other Russian entities, reported a catastrophic security…
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Sei Network Goes Live with Gas-Sponsored Transactions, Delivering Web2-Like Experience for MetaMask Users and Accelerating Ecosystem Growth
Sei Network, the high-performance Layer 1 blockchain optimized for trading, announced on April 9, 2026, the immediate activation of gas-sponsored transactions, a groundbreaking feature designed to eliminate transaction fees for users, particularly those interacting via MetaMask. This strategic initiative aims to dismantle one of the most persistent barriers to widespread blockchain adoption by providing a…
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