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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.
OpenSea Email Breach: A 2022 OpenSea email leak has now exposed over seven million user emails publicly, raising phishing risks.
Mudrex Freezes Withdrawals: Indian crypto exchange Mudrex paused withdrawals until Jan. 28 for compliance upgrades, causing user frustration.
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💡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!
📰 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.
💥记得 2024 年 OpenSea 邮件服务商遭攻击导致邮件泄露的事件吗?经过多次传播,目前泄露的邮件地址已被完全公开。请务必注意相关风险,警惕钓鱼邮件和其他潜在的网络攻击! @cz_binance 邮件地址也在其中:-) Remember the attack on the OpenSea mail service provider in 2024 that led to the… x.com/i/web/status/1…
— 23pds (山哥) (@im23pds)
1:02 AM • Jan 13, 2025
Initially leaked by an OpenSea email vendor employee, the data has now been widely disseminated, increasing the risk of phishing scams.
此次泄漏的数据量达 700 w条,包含大量海外加密货币从业者的邮件信息,其中涉及众多知名人士、公司以及行业内的关键意见领袖(KOL),未来可能对加密货币行业的隐私与资产安全构成进一步威胁。
— 23pds (山哥) (@im23pds)
1:25 AM • Jan 13, 2025
The leaked list reportedly includes prominent figures and companies within the cryptocurrency industry.
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Indian crypto exchange Mudrex paused withdrawals until Jan. 28 for compliance upgrades, sparking user frustration.
We have temporarily paused crypto withdrawals on @officialmudrex, not permanently. This step is part of our effort to upgrade the compliance suite to avoid bad actors. Our priority is to serve our investors in the best and most compliant way possible. We will be able to complete… x.com/i/web/status/1…
— Alankar Saxena (@alankar_saxena)
7:30 AM • Jan 12, 2025
CEO Edul Patel stated that the move ensures the platform remains secure against misuse.
Congratulations!
Mudrex disables Crypto Withdrawals!
Don’t tell me I didn’t tell you!
If you haven’t taken your money out yet, convert it into INR - withdraw into your bank and RUN!
— VivanLive (@VivanLive)
5:18 PM • Jan 10, 2025
Despite the backlash, Patel emphasized that Mudrex has been one of the few Indian exchanges consistently offering crypto withdrawals.
I am not touching Mudrex with a ten-foot pole. And neither should you.
If an exchange says they’re stopping crypto withdrawals that means (IMO) they never had it in the first place. All they’re giving you is “price exposure” not ownership.
Right now, they’re marketing to… x.com/i/web/status/1…
— Aakash Athawasya (@AakashAtha)
8:27 AM • Jan 11, 2025
CoinDCX, another Indian exchange, announced partial crypto withdrawal functionality, though users opting in will lose access to Indian rupee deposits while retaining withdrawal capabilities.
🚨Crypto withdrawals are now live on @CoinDCX!🤩 (Phase 1, ~15 Lakh users), will be rolled out to more; upgrades planned in phases.
In case some of you are wondering how INR deposits are related to crypto withdrawals (and why few other crypto players also following similar… x.com/i/web/status/1…
— Sumit Gupta (CoinDCX) (@smtgpt)
1:17 PM • Jan 6, 2024
💡 Feature of the Day:
Singapore has blocked Polymarket, a cryptocurrency-based prediction market, citing the Gambling Control Act 2022.
polymarket在坡正式定义为博彩网站,想下注只能去国营博彩公司哦,否则面临罚款和坐牢哦
— alexzuo🫡 (@alexzuo4)
2:25 AM • Jan 12, 2025
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