Blockchain security firm Scam Sniffer reported that a crypto whale’s address was drained of 15,079 fwDETH, worth approximately $36 million, in a phishing scam. Data from Arkham Intelligence suggest that the phished... Read more »
According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of... Read more »
Key Takeaways Mt. Gox has delayed its repayment deadline to October 2025. The delay is due to technical and administrative challenges faced by creditors. Share this article Mt. Gox, the defunct crypto... Read more »
South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to... Read more »
India’s Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese nationals. Following an in-depth investigation, an equivalent of about $3 million has... Read more »
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... Read more »
Key Takeaways China’s central bank has launched a ¥500B scheme to support the stock market. Financial institutions can use various assets as collateral under the new funding scheme. Share this article The... Read more »
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like... Read more »
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI,... Read more »
Stablecoins like USDT have become a key financial tool in Latin America that helps citizens navigate persistent economic volatility, according to Chainalysis’ global adoption report. The region, which accounts for 9.1% of... Read more »
