Bitcoin deposits and withdrawals have been restored on the HTX crypto exchange, formerly known as Huobi, following a $30 million exploit. In a recent blog post, HTX announced that deposit and withdrawal functionality is now available for multiple currencies, including Bitcoin, Ether, Tron, and Tether. The exchange plans to gradually bring back functionality for the […]
Zipmex, a cryptocurrency exchange based in Singapore, has decided to temporarily suspend all digital asset trading operations in Thailand. This move is in response to regulatory demands set by the Securities and Exchange Commission (SEC) in Thailand. The suspension, effective from November 25, aims to ensure that Zipmex’s business operations align with the regulatory standards […]
Cryptocurrency exchange Zipmex has announced that it will suspend all digital asset trading in Thailand in order to comply with regulatory requirements. The company has decided to temporarily halt its operations to align with the criteria set by the Securities and Exchange Commission (SEC) in Thailand. This suspension will be effective from November 25, 2023, […]
South Korea is set to launch a groundbreaking project involving digital currency as part of its efforts to modernize its financial infrastructure. Starting in the fourth quarter of 2024, the country will initiate a pilot program with the participation of 100,000 citizens, marking a significant step towards the nationwide implementation of digital currencies.The pilot program, […]
Interactive Brokers Hong Kong has obtained a license to trade virtual assets for retail clients in Hong Kong. The announcement was made by David Friedland, the Managing Director for Asia Pacific at Interactive Brokers, on LinkedIn. The firm will initially focus on trading Bitcoin and Ethereum. More details about the licensing will be provided in […]
The Monetary Authority of Singapore (MAS) has introduced measures to discourage speculation in cryptocurrency investments. In response to feedback on its proposed Digital Payment Token (DPT) regulations, MAS has outlined five ways that DPT service providers can help retail clients avoid price speculation. These measures include assessing customer risk awareness, avoiding incentives for cryptocurrency trading, […]
Crypto exchange HTX (formerly Huobi Global) has experienced its fourth hack in just two months, resulting in a loss of $13.6 million from a hot wallet breach on November 22. The exchange has assured users that they will be fully compensated for their losses and that their funds are secure. This incident follows an $86.6 […]
Tron Founder Justin Sun is facing speculation that he could be the next target of the Department of Justice’s crackdown on alleged fraudulent crypto bosses. This comes after the recent resignation of Binance CEO Changpeng Zhao, who reached a $4.3 billion deal with law enforcement authorities. Social media platforms are buzzing with discussions about Sun’s […]
The Monetary Authority of Singapore (MAS) has introduced new regulations to protect retail investors in the crypto industry. These measures aim to discourage speculative activities and include rejecting credit card payments and eliminating incentives for crypto trading. MAS also prohibits financing, margin, or leverage transactions and requires service providers to assess customers’ risk awareness levels. […]
Crypto exchange HTX, formerly known as Huobi Global, has announced that it will resume deposits and withdrawals within 24 hours after experiencing a $13.6 million exploit on November 22. The exchange has assured its users that it will fully compensate for the losses and guarantee the safety of user funds. Despite the incident, the normal […]
