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CryptoCurrency
Orbit Chain Confirms Hack: Loss Is Estimated at $82 Million
2024-01-01T07:19:12.126+02:00
Hackers exploited Orbit Bridge, a bridging service of the cross-chain protocol Orbit Chain.
The developers did not officially reveal details of the loss.
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CryptoCurrency
South Korean Lawmakers Conducted $97M in Crypto Transactions in 3 Years
2023-12-29T11:02:56.237+02:00
One lawmaker accounted for 90 percent of all transactions.
The investigation found discrepancies with lawmakers' holdings and reported crypto assets.
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CryptoCurrency
“We Are So Close, Yet So Far”: Industry Leaders Unveil Insights on Crypto Regulation
2023-12-28T10:57:05.848+02:00
The FMLS panelists of “Crypto Regulation after FTX” agreed that success relies on collaboration.
The talk stressed faster rule updates through industry-regulator dialogue.
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Japan’s Monex Acquires Majority Stake in Crypto Asset Manager 3iQ
2023-12-28T10:00:00.000+02:00
The details of the deal remain undisclosed.
3iQ manages crypto ETFs on the Canadian exchange, among other products.
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CryptoCurrency
Crypto Exchange Bitzlato “Temporarily” Halts Withdrawals
2023-12-28T08:30:00.000+02:00
The exchange’s co-founder pled guilty and agreed to dissolve the exchange.
The French authorities seized the exchange’s assets earlier.
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CryptoCurrency
Crypto Hygiene: An Unseen Practice of P2P and OTC Trading Platforms
2023-12-27T12:29:07.965+02:00
AMLBot recently unfroze $200K, previously suspected for links to sanctions.
Such practices are common on crypto platforms, but rarely reported.
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CryptoCurrency
Paxos Diversifies Stablecoin Issuance with Solana Blockchain Integration
2023-12-22T17:40:35.090+02:00
The firm is set to launch USDP on the Solana blockchain on January 17, 2024.
Solana's speed and low fees make it an appealing platform for US dollar stablecoins and payments.
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CryptoCurrency
Bitget Announces Support and Development Plan for Bitcoin Ecosystem
2023-12-22T12:01:00.000+02:00
The platform provides insights into macro and micro market trends through Bitget Swap.
The DApp browser boosts user access, enhancing engagement and project accessibility.
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CryptoCurrency
Crypto Founders’ Assets Frozen amid Hedge Fund Collapse
2023-12-21T18:52:06.317+02:00
Court freezes $1.14B of 3AC founders' assets amid liquidation.
In total, the collapsed crypto hedge fund may owe creditors over $3 billion.
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Damian Chmiel
CryptoCurrency
Revolut Folds in UK, Robinhood Bets on EU: What’s Shaping Crypto in Europe?
2023-12-19T13:17:38.935+02:00
Both the UK and EU are bridging crypto-specific rules and regulations.
The UK’s rules are mainly around the limitations of crypto promotions.
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CryptoCurrency
HTX's Troubles Continue: $258 Million Flows Out as Investors React to Cyberattack
2023-12-11T11:59:13.135+02:00
After the exploit on November 22, HTX halted services, suffering a loss of $30 million.
Earlier, a hack resulted in the transfer of 4,999 Ether from a suspected Huobi hot wallet.
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CryptoCurrency
Cypriot Agency Sees Rise in Suspicious Crypto Transactions
2023-12-11T10:13:00.471+02:00
The agency received 27 incidents of suspicious transaction reports last year.
It expects a rise in other fraudulent financial activities.
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CryptoCurrency
Crypto Trading Skyrockets on Robinhood: November Volume Jumps 75%
2023-12-05T10:09:05.888+02:00
Crypto trading volume on the brokerage dropped 55 percent in Q3.
Demand for equities and options remained flat last month.
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CryptoCurrency
South Africa's Crypto Revolution: VALR and Luno Lead the Way
2023-11-27T16:43:26.198+02:00
VALR and Luno are two prominent South African crypto exchanges.
The two companies are spearheading digital currency adoption.
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CryptoCurrency
The Global Crypto Landscape: Japan's Ascent and Argentina's Unconventional Path
2023-11-27T14:07:41.161+02:00
Understanding the global crypto chessboard.
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News
Montenegro Court Nods to Extradition: Do Kwon's Future Hangs in the Balance
2023-11-24T14:40:54.165+02:00
The High Court disclosed that he has opted for an expedited extradition to South Korea.
A minister will decide whether to hand him over to South Korea or the United States.
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CryptoCurrency
Wintermute Asia Executes Inaugural Options Block Trade via CME
2023-11-21T16:01:56.022+02:00
The clearing of the BTC/USD block trade, brokered between Wintermute Asia and TP ICAP, was carried out by ABN AMRO Clearing Bank N.V.
The firm offers vanilla options in BTC, ETH, and altcoins, which expire between 1 day and 6 months.
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CryptoCurrency
The Financial Underpinnings of Hamas: A Global Chessboard
2023-11-21T14:15:57.525+02:00
Unraveling the complex web of cryptocurrency and terrorism.
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CryptoCurrency
Maybe This Time? Key Signals That the Institutions Really Are Coming to Crypto
2023-11-20T15:35:00.000+02:00
Narratives that institutions are coming to crypto became subdued, but now appear realistic.
ETF filings, and news at PayPal, JP Morgan and HSBC, indicate interest in blockchain technology.
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CryptoCurrency
MAS Launches Live Pilot for Wholesale CBDC in Singapore Dollars
2023-11-17T12:22:28.820+02:00
The organization partners with local banks to explore CBDC for domestic payment settlements.
It has launched five new industry pilots as part of its financial infrastructure test program, named Project Guardian.
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CryptoCurrency
Bakkt Expands Crypto Capabilities into International Markets
2023-11-10T16:05:58.983+02:00
The firm will provide crypto services to 3.0 verse in the UK and EU later this year.
It is expanding in Asia, including regions like Hong Kong and Singapore.
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CryptoCurrency
OKX Launches Signal Trading with TradingView Integration
2023-11-07T18:49:19.992+02:00
Signal Trading utilizes TradingView's webhook capabilities for signal creation and sharing.
The firm provides an array of automated tools, including pre-built Trading Bots.
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CryptoCurrency
Finery Markets and DAMEX Collaborate to Launch Electronic OTC Trading
2023-11-07T16:34:36.794+02:00
Damex Direct offers businesses a solution for managing their digital and fiat assets.
FM Liquidity Match facilitates electronic OTC trading for institutional players with its proprietary matching engine.
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CryptoCurrency
Market Share Shake-Up: Binance's Spot Trading Slips to 40%
2023-11-07T12:20:36.908+02:00
The exchange's spot trading market share has fallen by one-third in the past year.
Bybit, Bitget, and MEXC rank as second-tier exchanges, holding 42.3% of the market share.
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CryptoCurrency
$300 Million Crypto Scam: Indian Authorities Arrest 8 Cops
2023-11-07T10:42:15.730+02:00
The scam targeted around 5,000 government officials and about 1,000 police personnel.
The Indian police made 18 arrests related to the fraud.
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