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South Korean crypto exchange Bithumb hasn’t confirmed the planned IPO but told local media it recently selected an underwriter.

Bithumb plans to be first crypto exchange listed on Korea stock market: Report

Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market. Local news outlet Edaily reported on Nov. 12 that Bithu...

10 months ago

Cryptocurrency wallet hacked, with $27M in Tether reportedly lost.

$27 Million Worth of Stablecoins Reportedly Stolen in Crypto Wallet Hack

A wallet linked to the well-known exchange Binance has been breached, leading to a significant loss of $27 million. The incident primarily involved the theft of Tether (USDT) and was b...

10 months ago

THORChain’s $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among decentralized exchanges.

THORChain becomes third-largest DEX as RUNE surges 50% in a week

Native asset settlement protocol THORChain has recorded the third-largest trading volume among decentralized exchanges in the last week, with users seemingly attracted to the high yield offered ...

10 months ago

Coin Cloud’s Woes Deepen: Bitcoin ATM Firm Faces Data Breach Amid Chapter 11 Bankruptcy

Hacking Group Allegedly Steals Sensitive Data of 70,000 Customers from Bankrupt Bitcoin ATM Firm Coin Cloud

An unidentified hacking group has purportedly claimed responsibility for a significant security breach targeting Coin Cloud, a Bitcoin ATM operator that once boasted over 4,000 machines in the U...

10 months ago

Internal planning continues

Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market

Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ). According to ...

10 months ago

Polygon Labs is launching Polygon Village 2.0 — aiming to boost ecosystem development with a $90 million fund.

Polygon Village launches $90 million fund for ecosystem development

Polygon developer Polygon Labs has relaunched its Polygon Village initiative, offering a new grant program of more than 110 million MATIC — currently worth around $91.3 million — to ...

10 months ago

Scammer Receives 4 Years In Prison For 10 Million Euro Crypto Heist

Kraken Assists UK Crime Victims In Recovering $2 Million Stolen Crypto

In an effort dubbed “Operation Hyphen,” Kraken, the renowned cryptocurrency exchange, collaborated with the South East Regional Organised Crime Unit (SEROCU) to recover and retu...

10 months ago

A Russian court has ruled that American crypto exchange Coinbase failed to localize the personal data of its Russian clients.

Coinbase fined $11k in Russia despite not operating there

A court in Moscow on Nov. 9 has fined U.S.-based cryptocurrency exchange Coinbase 1 million rubles (nearly $11,000) for failing to localize personal data of its Russian clients. ...

10 months ago

Gemini, a cryptocurrency exchange, has implemented changes in response to new regulations affecting virtual asset service providers (VASPs) in the UK.

Gemini Adapts to UK’s Travel Rule, Implements Outward Transfer Restrictions to Comply

On November 7, Gemini announced adjustments to align with the new Travel Rule regulations in the UK. These changes involve a set of global standards requiring financial institutio...

10 months ago

United States federal prosecutors have halted the bail of SafeMoon’s CEO Braden John Karony after they challenged the previous order citing a danger to the community and a potential flight risk.

Court Halts SafeMoon’s CEO Bail After Prosecutors Allege a “Danger to the Community”

Court filings show New York District Judge LaShann DeArcy Hall has paused Karony’s bail previously ordered by a Utah Magistrates the previous day. Judge Daphne Oberg, had initial...

10 months ago