Guo Congyuan case ransom tracking new breakthrough: $1.36 million suspected to be cashed out through Cambodia's Hui Wang, the platform was previously investigated by the U.S. for money laundering.

In the latest investigation of the kidnapping and ransom case involving Chinese businessman Guo, the Philippine National Police (PNP) reported that the approximately $1.36 million ransom paid was suspected to have been laundered through a Cambodian payment platform "Huione Pay" using cryptocurrency,

Unveiling "Hao Wang Guarantee": The Grey Financial Operations Underneath the Packaging

In recent years, with the increasing frequency of online gambling, underground trading, and scam crimes, some seemingly "legitimate" intermediary platforms have quietly become part of the capital transfer and credit endorsement process. "Haowang Guarantee" is a typical example. This institution, pac

From eSports to Crypto Casinos: How Rivalry Appeals to Generation Z Gamblers?

Rivalry is an international online betting operator headquartered in Canada, focused on providing innovative betting experiences for digital natives and the younger generation of players.Since its establishment in 2018, Rivalry has quickly grown into a leading brand in the esports and sports betting

USDT Payment Interface Can Be Faked? Latest USDT Theft Case Exposed!

In recent years, incidents of USDT theft have been rampant, with hackers exploiting users' trust in wallet interfaces by creating fake payment interfaces and stealing assets without any authorization prompts.Recently, a user contacted us after their wallet was emptied through a simulated USDT paymen

Chinese female fraudster arrested in Thailand, with a cash flow of 600 million in 2 months!

Several officials from the Cyber Police Bureau's Information Technology Crime Investigation Division in Thailand held a press conference to announce the details of a major online investment fraud case that was recently cracked.This case originated on April 2, 2024, when a Thai female teacher was app

Cryptocurrency and Sports Betting: How Digital Currency is Changing the Game Rules

The rise of digital currencies has had a significant impact on various industries, and sports betting is no exception. With cryptocurrencies like Bitcoin, Ethereum, and USDT being widely accepted, they are changing the way players interact with online sports betting companies and casinos.Why are cr

Discussing the Virtual Currency Fourth-Party Payments on Online Gambling Sites

I. IntroductionOn online gambling sites and some other websites' recharge pages, one often sees the recharge method of virtual currency wallets, named something like "somepay" or "somewallet," which redirects to a corresponding page for recharge. These wallets are favored by various black and gray

Deepseek tells you the difference between USDT and USDC.

USDT (Tether) and USDC (USD Coin) are two major stablecoins designed to be pegged 1:1 with the US dollar to reduce volatility in the cryptocurrency market. Although their goals are similar, there are significant differences in issuance mechanisms, transparency, and regulatory compliance. Here is a d

USDT and USDC are both stablecoins, so why is there still a price difference?

Hello friends, today PASA is here to talk about USDT and USDC.These two names look very similar, and both are stablecoins pegged to the US dollar. Why is there still a price difference between them? What are the differences and characteristics of each?Stablecoins Pegged to the US DollarUSDT and USDC

Two Chinese traders were denied bail in Thailand! $2.5 million in USDT was confiscated!

"Comprehensively Understanding Tether (USDT), the Largest Stablecoin in the Crypto World"

Tether (USDT) is one of the most popular stablecoins in existence. It is designed to maintain a one-to-one value with the US dollar. The currency exists on many different blockchains, and its trading volume has been increasing in recent years, enhancing its liquidity.Like other stablecoins, USDT is

Trump administration's key statement! The U.S. plans to introduce USDT domestically, Tether: Willing to help decentralize U.S. debt.

David Sacks, appointed by President Trump as the czar for Artificial Intelligence (AI) and Cryptocurrency, stated that the U.S. government has confirmed plans to regulate innovations in stablecoins, and to introduce markets such as USDT domestically. Tether, the issuer of USDT stablecoins, expressed

USDT Faces Delisting Crisis in Europe, Can Stablecoin King Tether Maintain Its Payment Position?

Recently, the news storm around USDT (Tether) has intensified, resembling a "hurricane" sweeping across the crypto world.Driven by strong new regulations in Europe, several platforms have adjusted their product lines, while Tether is responding to these challenges through integration with the Bitco

Revealing the Cryptocurrency Theft Industry Chain, Protect Your Wallet, Don't Randomly Scan QR Codes or Click on Links!

Many practitioners like to put money into their wallets. They may also unintentionally click on some links, only to find that the assets in their wallets have disappeared. They don't know how or when the money was lost.Today, I will reveal an industry chain of theft in the digital currency worldLet'

How profitable can issuing stablecoins be? Look at the 2024 revenue data of USDT issuer Tether.

Tether, the parent company of USDT, has released its audited revenue report for the fourth quarter and the entire year of 2024, showcasing impressive data.The report reveals that Tether achieved a net profit of 13.7 billion USD in 2024, with the group's net assets soaring to 20 billion USD. Additio

2 Chinese crypto bosses in Thailand denied bail! 2.5 million USDT confiscated

Thai police in the Chatuchak district of Bangkok successfully arrested two Chinese suspects involved in telecommunications fraud, aged 29 and 30, named Yi and Li respectively (transliterated). The police also seized assets worth nearly 19 million Thai Baht. Despite their claims of innocence, investi