Bithumb Plans 2025 IPO on KOSDAQ to Rebuild Public Trust Amid Leadership Overhaul

South Korean cryptocurrency exchange Bithumb is planning to go public on the Korean Securities Dealers Automated Quotations (KOSDAQ) through an Initial Public Offering (IPO) in 2025. This move is part of Bithumb’s expansion strategy and aims to position the exchange as a strong competitor against Upbit, a major player in the country’s cryptocurrency market. Bithumb […]

New Phishing Scam in China Targets Crypto Users with Fake Skype Video App

A new phishing scam has emerged in China, targeting cryptocurrency users. The scammers are using a fake Skype video app to deceive users and steal their funds. The scam takes advantage of China’s ban on international applications, as mainland users often search for these banned apps through third-party platforms. The hackers have created a fake […]

New Phishing Scam in China Targets Crypto Users with Fake Skype Video App

A new phishing scam has emerged in China, targeting cryptocurrency users. The scammers are using a fake Skype video app to deceive users and steal their funds. The scam takes advantage of China’s ban on international applications, as mainland users often search for these banned apps through third-party platforms. The hackers have created a fake […]

French Millennials Embrace Crypto Investments, Relying on Digital Sources for Information

The investment landscape in France is experiencing a significant shift, with a growing interest in cryptocurrency among younger citizens. According to a recent study conducted by the Autorité des marchés financiers (AMF), nearly one in four French adults are engaged in investments in financial instruments or crypto-assets. This represents a considerable increase in retail investment […]

Cardano Founder Charles Hoskinson Expresses Interest in Partnering with Kraken for Layer-2 Blockchain Network Development

Blockchain expert Charles Hoskinson, founder of Cardano, has expressed interest in partnering with Kraken, a prominent U.S. cryptocurrency exchange, to develop a cutting-edge Layer-2 (L2) blockchain network. This collaboration would align with the industry trend of major players in the cryptocurrency space expanding into blockchain technology development. Kraken is actively searching for a blockchain partner […]

Bithumb, South Korean Cryptocurrency Exchange, Plans Public Listing on KOSDAQ

Bithumb, a major South Korean cryptocurrency exchange, is reportedly planning to go public on the KOSDAQ, South Korea’s equivalent of the Nasdaq. The exchange aims to become the first digital asset firm to achieve this milestone, with a targeted initial public offering (IPO) in the second half of 2025. Bithumb, founded in 2014, has established […]

dYdX Foundation Announces Milestone with Launch of Bridge User Interface for Ethereum Migration

The dYdX Foundation, a part of the dYdX ecosystem, has reached a significant milestone in its transition from Ethereum to its own blockchain network based on Cosmos. The foundation has announced the deployment of a new Bridge User Interface that will facilitate the transfer of ethDYDX tokens to the native dYdX blockchain. This move is […]

Backpack Announces Launch of Regulated Crypto Exchange in Early 2024

Backpack, a Solana-based NFT wallet app, has announced its plans to launch a regulated cryptocurrency exchange called Backpack Exchange. The company has obtained a Virtual Asset Service Provider (VASP) license for Exchange Services from Dubai’s Virtual Asset Regulatory Authority (VARA). This license specifically applies to Backpack Exchange and not other services offered by the app. […]

SEC Charges SafeMoon and Executives with Fraud and Unregistered Securities

SafeMoon, a crypto company, and its executive team have been charged by the SEC for offering unregistered securities and engaging in fraudulent activities. The SEC alleges that SafeMoon’s CEO, CTO, and creator wiped out billions in market capitalization, withdrew $200 million in crypto assets, and misappropriated investor funds for personal use. Despite claims that the […]