Ilya Lichtenstein, the convicted hacker behind the $4.5 billion Bitfinex money-laundering case, explains why stealing cryptocurrency may be easier than laundering it — and warns that artificial intelligence could soon put sophisticated hacking capabilities into the hands of ordinary criminals. The cryptocurrency industry is facing another major security crisis following a reported $6 billion hack targeting Binance, the world's largest cryptocurrency exchange.

The routine internal transfers between Bitfinex and Tether reinforce USDT's stability, enhancing market confidence despite large movements. The post Tether receives $223M USDT transfer from Bitfinex appeared first on Crypto Briefing.