Search
South Korean Crypto Exchanges See Rise in Complaints, More People Turn to Home Mining
4.2.2022
There was a x7.7 spike in the number of customer complaints lodged against South Korea’s four biggest crypto exchanges last year as citizens in the nation are embracing crypto like never before. Meanwhile, crypto mining is also on the rise.
Yonhap reported that the data on complaints...
Immutable X (IMX) price soars after GameStop partnership and new project launches
3.2.2022
A handful of newly launched projects and Feb. 3’s GameStop partnership announcement catalyzed a strong rebound in IMX price
Coachella Music and Arts Festival Partners With FTX US to Issue Solana-Based NFTs
3.2.2022
The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted on the Solana blockchain. Coachella Partners With FTX...
Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs
3.2.2022
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dropped by close to half that value and today, COIN is swapping for more than 45% lower at $187...
South African Regulator Urges Public to Be More Cautious When Dealing With FTX, Bybit
3.2.2022
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has been licensed to trade in Contracts for Difference (CFD) or to provide financial advisory...
South Africa: FCSA Warns Traders About FTX and ByBit Exchange
3.2.2022
Governments and financial institutions are formulating regulatory frameworks to regulate the crypto industry. The trend was witnessed most recently in South Africa, where financial regulators warned crypto traders about using the FTX crypto exchange. As one of the most well-known crypto exchanges...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
3.2.2022
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said...
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
3.2.2022
Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network...
FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange
2.2.2022
Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect to work together to provide products and liquidity to clients in the Japanese and global markets.” FTX Acquiring Liquid to Provide...
Bitcoin price dips below $37K as a descending channel pattern comes back into play
2.2.2022
Bitcoin’s repeat visit to the sub-$37,000 range is re-enforcing analysts’ view that BTC is either set for a lengthy consolidation or further downside
FTX to Enter Japan via Liquid Group Acquisition
2.2.2022
Major crypto exchange FTX is readying to set up shop in the land of the rising sun via the acquisition of the Liquid group, the owner of a licensed Japanese crypto exchange, Quoine.
“FTX is pleased to announce the acquisition of the Liquid group of companies, including an [Financial Services...
FTX acquires Japan's FCA-licensed crypto exchange Liquid
2.2.2022
As a part of the deal to comply with Japanese laws, FTX's Japanese users will be moved Quoine's trading platform
Crypto Exchanges Reward Staff with Bumper Bonuses after Successful 2021
2.2.2022
South Korean crypto trading platforms are not only offering huge pay packages to prospective new hires – they are also looking to retain their staff by paying them massive Lunar New Year bonuses.
As reported, the “big four” crypto trading platforms - Upbit, Bithumb, Korbit, and Coinone –...
Vulcan Forged (PYR) rallies after virtual land sales and the Elysium testnet launch
2.2.2022
PYR regained its bullish momentum after the launch of the Elysium testnet and the limited release of digital land plots in the VulcanVerse
3 reasons why QuickSwap (QUICK) price spiked by 50%
2.2.2022
QUICK price gained 50% shortly after a partnership with CelsiusX proves that the platform is serious about bridging the gap between DeFi and CeFi
Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet
1.2.2022
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds...
Crypto payment card ‘top priority’ for Binance Ukraine in 2022
1.2.2022
A Ukrainian official previously said that local laws do not prohibit people from paying in crypto if it’s converted into fiat
WhiteBIT Cryptocurrency Exchange Enters the Metaverse with TCG World
1.2.2022
You have probably already noticed how the metaverse is getting more and more popular every day, accelerated by Facebook’s strategic move to rebrand to Meta and develop their own metaverse. We are entering into a generational shift, people are buying virtual land for large sums of money,...
India Sends Crypto Legalization Signs With Tax Plans, WRX Skyrockets
1.2.2022
In another turn of events involving India’s crypto policy, the country’s Finance Minister Nirmala Sitharaman has proposed to tax gains from crypto transfers at a 30% rate, with no deductions to be allowed. Moreover, the country’s central bank digital currency (CBDC), the digital rupee, is to...
Binance Announces SAFU Fund Has Reached $1 Billion
1.2.2022
Binance has announced one of its trademark features, the SAFU fund, has reached a milestone in its development. The SAFU fund, an acronym that stands for “Secure Asset Fund for Users,” has reached the amount of one billion dollars, securing the funds of users in case of a hacking...