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South Korea’s Financial Services Commission (FSC) is set to investigate Upbit, the nation’s largest crypto trading platform, amid concerns about its dominant position in the market, as reported by local media outlet einfomax on Oct. 10.
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A new US government filing suggests that Bitfinex may be the sole entity eligible for restitution in connection with the 2016 hack that resulted in the theft of approximately 120,000 BTC. Bitfinex’s LEO token jumped 14% to $6.85 following the release of the documents.
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Today, Oct. 8, Crypto.com reported it has filed a lawsuit against the US Securities and Exchange Commission to challenge what it describes as the agency’s overreach in regulating the crypto industry.
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Bittrex to remove the U.S. markets for top privacy coins including Monero, Zcash and Dash
Exchanges 4 years ago
Bittrex announced on Dec. 29 that its exchange will be removing the U.S. markets for the three of the biggest privacy coins by market cap on January 15, 2021.
Bitget exchange’s native BGB token plunged from $1.15 to $0.5344 on Oct.7 before partially recovering, causing concern among traders. The sudden volatility lasted about ten minutes, prompting Bitget to announce a compensation plan for affected users.
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Hong Kong Virtual Asset Exchange (HKVAX) has secured licensing from Hong Kong’s Securities and Futures Commission (SFC) to operate a virtual asset trading platform.
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Kraken has announced its decision to end support for Monero (XMR) in the European Economic Area (EEA) by the end of October, according to an Oct. 1 statement.
The exchange explained that this decision was due to the recent regulatory shifts in the region.
Crypto exchange Gemini has announced plans to cease operations in Canada by the end of 2024, according to a Sept. 30 email sent to its customers.
The email stated:
“Effective December 31, 2024, Gemini will close all customer accounts in Canada with limited exceptions.
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Ethena Labs, the developer of the “synthetic dollar” USDe, revealed that the community is reviewing a proposal to launch a decentralized crypto exchange to drive the asset’s growth.
Ethereal
On Sept.
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions.
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Since the $230 million hack in July, WazirX has been scrambling to recover the assets and pacify users. The Indian crypto exchange had asked for a six-month moratorium to deal with the crisis.
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In most countries, the rate at which crypto activity grows across transaction size brackets varies significantly.
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The hacker responsible for stealing $230 million from WazirX in July has nearly finished laundering the funds, with just $6 million worth of Ethereum (ETH) left, based on Arkham Intelligence on-chain data.
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