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Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets


South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews quarterly. The reputation of the issuers and user...

South Korean crypto exchanges may deregister up to 600 altcoins


South Korea based crypto exchanges are contemplating the deregistration of hordes of altcoins, with financial bodies clamping down on the altcoin space.  As per the news reports put forth by Daehan Kyungjae, the newly introduced Virtual Asset User Protection Act will be duly implemented soon....

Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s


Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin...

After Half a Decade, Mt. Gox Initiates $2.9B Bitcoin Transfer


Defunct crypto exchange Mt. Gox transferred about 42,829 Bitcoin, valued at roughly $2.9b, to a new wallet according to data from Arkham Intelligence. Bitcoin’s price dropped slightly to $67,787 after reaching a high of $70,600 on Monday. The post After Half a Decade, Mt. Gox Initiates $2.9B...

Solana soars as Ethereum shatters $3,600 barrier


The market for cryptocurrencies is currently seeing a notable surge. The price of Ethereum (ETH) has surged due to speculation that a U.S.-based ETF may be approved soon. At nearly $3,600, Ethereum’s price increased by 19% on the last day. The value of Bitcoin (BTC) has also increased...

Coinbase Eyes Australia’s Growing $600B Pension Fund


Coinbase is reportedly developing a tailored service to tap Australia’s $600 billion self-managed pension sector. The post Coinbase Eyes Australia’s Growing $600B Pension Fund appeared first on Cryptonews

Analyst Sees Cardano Soaring 5,600%, Calls It ‘Buy of a Lifetime’


Though Cardano has been consistently showing a downward trend and staying under $0.50,  popular crypto analyst FieryTrading from TradingView considers the current time as an opportunity to opt for the purchase of this digital currency at a more affordable price. After extensive research...

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