Bithumb posts 57% annual loss soon after delayed IPO

The financial loss comes days after reports of Bithumb facing potential internal issues that led to the delay of its planned IPO.

Bithumb posts 57% annual loss soon after delayed IPO

Bithumb Korea, the operator of the South Korean cryptocurrency exchange Bithumb, posted a 57% loss in annual revenue for the fiscal year of 2023. The Seoul-based exchange’s annua...

5 months ago

AssangeDAO’s crypto activities suspicious, analysts urge caution

SlowMist urges transparent DAO operations amid recent fund transfers, sparking inquiries about fund destinations.

AssangeDAO’s crypto activities suspicious, analysts urge caution

Analysts at SlowMist have raised concerns about a possible “soft rug pull” on March 10 when a 100 Ether transaction from AssangeDAO’s address went to a recipient seemingly...

5 months ago

SEC’s closed-door policy stifling crypto innovation — Hester Peirce

“Crypto Mom” called for more positive engagement with crypto firms and fewer enforcement threats from the SEC.

SEC’s closed-door policy stifling crypto innovation — Hester Peirce

United States Securities and Exchange Commission Commissioner Hester Peirce has taken another swipe at her agency, criticizing the regulator’s guidance on crypto custody while calling for ...

5 months ago

Will MiCA regulation end Tether’s dominance in the EU?

In a crypto.news exclusive, Merkle Science Policy Director Natalia Latka discusses how the MiCA regulation could impact USDT and other stablecoins in the EU.

Will MiCA regulation end Tether’s dominance in the EU?

OKX, one of the largest global crypto exchanges, has recently delisted all USDT trading pairs to ensure compliance with the forthcoming Markets in Crypto-Assets Regulation (MiCA). This...

5 months ago

Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings

Trading Bots Buy and Sell Based on ETF Flows Data

Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings

Bitcoin investors in Asia are experiencing significant price swings as automated trading protocols react to flows data from US exchange-traded funds (ETFs) that hold the cryptocurrency.&nbs...

5 months ago

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF

CrowdSwap Optimistic About ETF’s Growth Trajectory

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF

Decentralized exchange CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF), comprising several crypto assets including Bitcoin and Ethereum.

5 months ago

Massive Phishing Campaign Strikes Latin America: Venom RAT Targeting Multiple Sectors

TA558 LAUNCHES PHISHING CAMPAIGN AGAINST LATIN AMERICA-BASED COMPANIES

Massive Phishing Campaign Strikes Latin America: Venom RAT Targeting Multiple Sectors

The threat actor known as TA558 has been attributed to a new massive phishing campaign that targets a wide range of sectors in Latin America with the goal of deploying...

5 months ago

Singapore expands crypto rules, now covers custody and payments

SINGAPORE EXPANDS CRYPTO REGULATIONS

Singapore expands crypto rules, now covers custody and payments

Singapore has broadened the scope of its digital asset regulations to encompass the custody of tokens and a wider range of firms involved in fund transfers, as part of the city-state’s ong...

5 months ago

Former Terraform Employee Admits Writing False Posts From Kwon Made Him ‘Angry’v

Kwon’s SEC Trial In NYC

Former Terraform Employee Admits Writing False Posts From Kwon Made Him ‘Angry’v

In a series of ongoing court trials linked to Terraform Labs’ fraud claims tied to the 2022 implosion of its TerraUSD stablecoin, one former employee testifies how working with T...

5 months ago

Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups

Web3 Gaming is Growing

Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups

Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days. Andrew...

5 months ago

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