A trending Zhihu post followed by 7.6 million people: How to cash out 2 billion USDT? Insiders reveal 3 plans
Behind immense wealth lies a withdrawal trap and regulatory maze that ordinary people can hardly imagine. "Earning 10 million, but withdrawing comes with a 'silver bracelet.'" A university student became wealthy through cryptocurrency trading but faced obstacles in cashing out, leading to police involvement—this news dropped a bombshell in the crypto community. If earning tens of millions is like passing the first checkpoint, then safely turning it into real cash in your pocket is an even more dangerous adventure. For super whales holding 2 billion USDT (approximately 1.4 billion RMB), this is the ultimate dilemma concerning freedom and safety.
Didi in Latin America is already a digital banking giant
On the other side of the Earth, Didi is no longer just a ride-hailing company that earns commissions, but has become a digital banking giant. The financial services that were once considered an accessory to ride-hailing now have over 25 million users in Latin America.
If we focus our gaze on China, Didi's face is clear and solidified. Although it boasts over 100 million monthly active users, it remains an awkward outsider in the more prosperous landscape of finance, facing the impregnable walls built by WeChat Pay and Alipay, only able to guard this small patch of land for transportation.
The Dilemma of USDC: The more compliant, the further from the real world.
USDC is often hailed as the 'safest stablecoin'—issued by Circle, with dollar reserves audited, supporting frozen addresses, and compliant with FATF standards.
However, on the global micro-payment battlefield, these 'advantages' have instead become shackles. The cost of compliance: losing the 'permissionless' spirit The core design principle of USDC is the enforceability of KYC/AML: Addresses can be frozen; Large transactions are automatically reported; The wallet needs identity verification for large withdrawals. This is an advantage for banks and institutions, but a deadly flaw for street vendors, freelancers, and cross-border laborers:
I don't know who keeps brainwashing to exchange U for U in Hong Kong every day. This has been going on for more than a day or two, it has to be a hassle~
I see many people discussing the issue of cold wallets and hardware wallets being stolen. I strongly recommend friends who use cold wallets and hardware wallets to enable the passphrase feature #钱包被盗
3 million gone! The 'safest vault' was actually stolen?
Can you believe it? Someone stored 1,200,000 XRP, a full 3 million dollars, in a so-called 'most secure' cold wallet—the kind that isn't connected to the internet, and hackers can't touch. Where's the result? Overnight, the money is gone. It's not that the exchange was hacked, nor is it a virus on the phone, it's that the cold wallet was emptied! It's like locking a bar of gold in a bank vault, and the next day the security guard says, 'Sorry, the item is missing.' The most ridiculous part is that this person is an old hand, confident that their operation is fine. But unexpectedly, the money just flowed away quietly along the blockchain.
bitcoin core, then export the private key, this is the official wallet of the bitcoin community😉
心想事橙y
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Bearish
The one where the U.S. law enforcement obtained the Bitcoin private key. Shen Yu stated that it was not through cracking or hacking into the system, but rather the absurd fact that this batch of Bitcoin address private keys was not generated randomly.
Currently, there are 220,000 addresses that can be cracked.
If you have previously generated new Bitcoin addresses and stored money using wallets like Trust Wallet, please urgently check this.
Your Bitcoin wallet could be stolen at any time. $BTC
In the morning, I wanted to recharge 90,000 RMB, but all my money is in Alipay buying Nasdaq, so I borrowed 87,700 from Jiebei. As a result, the Alipay cryptocurrency transaction was frozen by Alipay, and all my money is in Alipay. I can't repay Jiebei, and I'm being charged 25 yuan interest per day. I can only unlock it on the 25th. I want to unfreeze it and repay Jiebei. What should I do?
There are foreign exchange controls, so the Renminbi will never be possible, even if there are Chinese people, they cannot use it.
KZG Crypto 口罩哥
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China's first regulated RMB stablecoin has emerged, and the landscape of cross-border payments is about to change.
Big news has come from Kazakhstan: the world's first officially licensed offshore RMB stablecoin, AxCNH, has officially launched. This is no small matter; behind it stands AnchorX, which has obtained a license from the Kazakhstan Financial Supervisory Authority and uses Conflux's blockchain technology. In simple terms, this is China's first trump card played in the world of digital currency. Why launch in Kazakhstan? Just look at the map, and it becomes clear that this location is perfectly positioned along the key points of the Belt and Road. In the future, when China does business with these countries along the route, settlements can bypass the old US dollar system. Traditional cross-border remittances have to go through SWIFT, which is not only slow but also has exorbitant fees; now, with blockchain technology, it can be completed in minutes, cutting costs by more than half.