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Conduit said that Degen Chain is back online, users can submit transactions using public RPC, and the block explorer is still indexing. Degen Chain was down for more than two days this time. Conduit said it will release a full analysis of the incident in the coming days.
The police in Sichuan, China, which was once the center of Bitcoin mining, uncovered an underground bank case involving more than 1.9 billion US dollars, using USDT to smuggle medicines and cosmetics and help customers purchase assets overseas. 193 suspects were arrested.
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