IOTA and Onramp Money Join Forces to Revolutionize Payment Landscape

IOTA is on the brink of revolutionizing the trillion-dollar payment landscape. Onramp Money has formed an alliance with IOTA to enable seamless IOTA token purchases in seven significant markets, including India, Turkey, Nigeria, Indonesia, Vietnam, UAE, and Mexico. This joint venture aims to instigate unparalleled adoption of IOTA tokens, which are secured by a potent […]

Hong Kong Regulator Probes Crypto Exchanges Following JPEX Scandal

The Hong Kong Securities and Futures Commission (SFC) has teamed up with the Hong Kong Police Force to form a working group to investigate and monitor crypto exchange-related crimes. This comes after the Dubai-based JPEX exchange, a major player in the Hong Kong crypto industry, was involved in a scandal. The SFC revealed this in […]

Asia Leads Bitcoin Trading as U.S. and E.U. Markets Remain Cautious

Asia is leading the Bitcoin trading market, with caution in the U.S. and E.U. markets. Glassnode’s estimates have revealed that trading activity in one region can significantly affect Bitcoin’s global price movements. Using this data, CryptoSlate has discovered a region that is driving a surprising Bitcoin price surge. This could potentially shift the perception of […]

CoinDCX Expands Okto Wallet with Transak Integration

CoinDCX, an Indian cryptocurrency exchange, has announced the expansion of its self-custody wallet Okto by integrating the major on-ramp platform Transak. This integration will allow users to buy cryptocurrencies such as Bitcoin directly on Okto, using a variety of fiat currencies. The wallet now supports more than 155 jurisdictions, up from the previous 60.The integration […]

Hong Kong Crypto Fund Raises $100 Million to Support Asian Blockchain Startups

CMCC Global, a Hong Kong-based venture capital firm, has raised $100 million to support Asian blockchain startups. The fund, called Titan Fund, was backed by 30 investors including Block.one, Pacific Century Group, Winklevoss Capital, Jebsen Capital, and Animoca Brands founder Yat Siu. The fund will focus on investments in blockchain infrastructure, consumer applications such as […]

JPEX Crypto Exchange Sparks Controversy With DAO Shareholder Dividend Scheme

JPEX, a cryptocurrency exchange, has recently announced its intention to transition into a decentralized autonomous organization (DAO). This move has sparked controversy and frustration among some users, who claim their assets were converted without their consent. The exchange is also facing scrutiny from authorities in Hong Kong, who have arrested multiple individuals associated with the […]

Hong Kong Police and SFC Set Up Crypto Working Group to Combat Illicit Exchange Activities

The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have established a joint working group to tackle illicit crypto exchange activities. This comes after 11 people were detained for questioning in connection to the Dubai-based JPEX exchange, which the SFC has accused of operating without a license.The working group will share […]

JPEX Begins Restricting Withdrawals, Allegedly Converting User Balances to Non-Withdrawable Cryptocurrency

JPEX, a Hong Kong-based cryptocurrency exchange, has reportedly begun to restrict withdrawals by converting user balances to a non-withdrawable cryptocurrency, according to The South China Morning Post. An unidentified user claimed that her Tether (USDT) holdings along with those of others had been converted into JPC, JPEX’s own token, rendering them unable to withdraw their […]