Today's Top Crypto Headlines:

OpenSea Email Breach | Mudrex Freezes Withdrawals | Singapore Blocks Polymarket and more...

Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

  1. OpenSea Email Breach: A 2022 OpenSea email leak has now exposed over seven million user emails publicly, raising phishing risks.

  2. Mudrex Freezes Withdrawals: Indian crypto exchange Mudrex paused withdrawals until Jan. 28 for compliance upgrades, causing user frustration.

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  4. 💡Feature of the Day - Singapore Blocks Polymarket: Singapore banned Polymarket under its Gambling Control Act. Users face penalties for accessing the unlicensed prediction platform.


    All this and more in today’s headlines!

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📰 News Highlights:

OpenSea Users Email Leak [Source]

A 2022 OpenSea email breach has resulted in the full public release of over seven million user emails, SlowMist’s chief information security officer revealed.

Initially leaked by an OpenSea email vendor employee, the data has now been widely disseminated, increasing the risk of phishing scams.

The leaked list reportedly includes prominent figures and companies within the cryptocurrency industry.

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Mudrex Halts Withdrawals [Source][Source][Source][Source]

Indian crypto exchange Mudrex paused withdrawals until Jan. 28 for compliance upgrades, sparking user frustration.

CEO Edul Patel stated that the move ensures the platform remains secure against misuse.

Despite the backlash, Patel emphasized that Mudrex has been one of the few Indian exchanges consistently offering crypto withdrawals.

CoinDCX, another Indian exchange, announced partial crypto withdrawal functionality, though users opting in will lose access to Indian rupee deposits while retaining withdrawal capabilities.

💡 Feature of the Day: 

Singapore Blocks Polymarket [Source][Source]

Singapore has blocked Polymarket, a cryptocurrency-based prediction market, citing the Gambling Control Act 2022.

Users attempting to access the platform receive warnings about fines and imprisonment for engaging with unlicensed operators.

The Gambling Regulatory Authority (GRA), established in 2022, oversees such regulations and mandates that Singapore Pools is the only licensed online gambling operator.

Despite its regulatory challenges, Polymarket remains active globally.

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See you all tomorrow’s edition!


Jonathan Gibson
UseTheBitcoin.com