Japanese Government to Allow Start-Ups to Raise Funds Through Crypto Assets

The Japanese government is reportedly planning to allow start-ups to raise public funds through the issuance of crypto assets, such as currencies, instead of stocks. This system is applicable to Investment Business Limited Partnerships (LPS). Japan has been slow to embrace digital assets, but this is changing. The Financial Services Agency (FSA) recently sought to […]

JPEX Increases Withdrawal Fees After Warning from Hong Kong Regulator

JPEX, a crypto exchange, has recently come under fire from the Hong Kong Securities and Futures Commission (SFC) for operating without a license and actively promoting its services to the Hong Kong public. In response, the exchange has reportedly increased its withdrawal fee to up to 999 Tether USDT and its staff has been missing […]

North Korea-Linked Hackers Steal $340M in Crypto, Chainalysis Warns of Further Losses

North Korea-linked hackers have stolen a total of $340.4 million worth of cryptocurrency in 2023, a significant decrease from the record $1.65 billion reported stolen in 2022. However, according to Chainalysis, this decrease is not necessarily an indicator of improved security or reduced criminal activity. The firm warns that one large hack could easily push […]

Zodia Custody Sets New Standard for Digital Asset Custody in Singapore

Zodia Custody, a subsidiary of Standard Chartered (STAN), is making significant strides in Singapore’s rapidly growing digital asset custody sector. The company is entering into a strategic partnership with the developer of the Polkadot blockchain, Parity Technologies, to extend institutional support to the Polkadot ecosystem by providing robust custody services for digital assets. Additionally, the […]

North Korean Hackers Steal Over $200 Million in Cryptocurrencies

North Korean hackers have stolen more than $200 million worth of cryptocurrencies this year, according to the U.S. Federal Bureau of Investigation (FBI). The latest hack was of crypto exchange CoinEx, which was carried out by the North Korean Lazarus Group and resulted in the loss of more than $27 million in different cryptocurrencies, including […]

LeveX Launches Revolutionary Social Trading Platform with $90,000 Incentive Pool and VIP System

LeveX is a cryptocurrency exchange platform that offers a robust, fast, and efficient interface for trading. It provides users with access to a wide array of spot and derivatives pairs, including prominent ones like BTCUSDT, ETHUSDT, and LTCUSDT among others. It also offers professional perpetual contracts with up to 100x leverage. What sets LeveX apart […]

LeveX Launches Revolutionary Social Trading Platform with $90,000 Incentive Pool and VIP System

LeveX is a cryptocurrency exchange platform that offers a robust, fast, and efficient interface for trading. It provides users with access to a wide array of spot and derivatives pairs, including prominent ones like BTCUSDT, ETHUSDT, and LTCUSDT among others. It also offers professional perpetual contracts with up to 100x leverage. What sets LeveX apart […]

CoinEx Security Breach Sparks Concerns Over $18M Transfer

CoinEx, a cryptocurrency exchange with a daily trading volume of $32 million, has recently experienced substantial withdrawals from its hot wallets. According to CyversAlerts, approximately $18 million worth of assets have been transferred from three hot wallets. This has caused alarm in the crypto community, as Ethereum wallets have seen a significant depletion.The exchange has […]

Bitget Sets Aside $100 Million to Invest in Exchanges, Data Analytics Firms and Media Organizations

Bitget, a crypto trading business, has announced the launch of the EmpowerX Fund, a $100 million pot to invest in exchanges, data analytics firms and media organizations. The fund follows just months after Bitget set aside $100 million to target Web3 startups in Asian countries.The firm expects tightened regulations and growth of layer-2 blockchain networks […]

TOKEN2049 Singapore: 10,000+ Attendees, 300+ Exhibitors, 400+ Side Events

TOKEN2049, Asia’s premier Web3 and crypto conference, is set to welcome a full house of tech pioneers, investors, policymakers, and industry shakers from across the globe at the iconic Marina Bay Sands from 13-14 September 2023. With over 10,000 attendees, 300+ exhibitors and 400+ side events, it is the industry’s biggest international gathering of the […]