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Learn Concept: Deciphering The Impact of Misinformation in Cryptocurrency Sector
September 21, 2023
Understanding the correct flow of information is essential when dealing with financial instruments, especially given their potential effect on investors' perceptions and actions. In light of this importance, this article …
Read moreMt. Gox Trustee Extends Repayment Deadline to October 2024
September 21, 2023
Rehabilitation trustee Nobuaki Kobayashi has officially delayed the repayment deadline for the defunct crypto exchange, Mt. Gox, by a year. Now, creditors can expect to be paid back by the …
Read moreBitcoin Reserves on Exchanges at Six-Year Low, Driven Partially by Binance Outflows
September 21, 2023
The amount of Bitcoin being held on cryptocurrency exchanges has reached a year-to-date low, hitting around 11.8% of the total available supply, a figure comparable to reserve levels last seen …
Read morePayPal Offers Stablecoin PYUSD on Venmo, 12 Platforms Now Support the Asset
September 21, 2023
PayPal has extended its PYUSD stablecoin to the Venmo app according to its announcement on Sept. 20. The inclusion of PYUSD on Venmo is currently available to select users, with …
Read moreDeFi Protocol Balancer Loses Nearly $250k in DNS Based Frontend Attack
September 21, 2023
Around $240,000 worth of digital assets have been swindled in a front end compromise, caused by a Domain Name Service (DNS) attack, on leading DeFi protocol Balancer. The development resulted …
Read more70% of South Korea's Reported Overseas Assets Are In Cryptocurrencies
September 20, 2023
Cryptocurrencies, specifically Bitcoin (BTC), have been found to represent the largest fraction of South Korea's reported overseas assets. According to the country’s National Tax Service (NTS), 1,432 individual entities and …
Read moreUK's Online Safety Bill Becomes Law Amid Encryption Concerns
September 20, 2023
The Online Safety Bill in U.K. has now passed its final parliamentary reading as of September 19, set to become law according to a recent official statement. This bill aims …
Read moreBinance's Chanpeng Zhao Corrects Media Reporting on $250M Loan
September 20, 2023
Binance CEO, Changpeng 'CZ' Zhao, addressed reports claiming that he obtained a $250 million loan from BAM Management, indicting these as incorrect. According to Zhao, it was in fact the …
Read moreFormer Banker Pleads Guilty to Multimillion-Dollar Crypto Fraud
September 20, 2023
A former investment banker, identified as Rashawn Russell, now faces potential imprisonment for up to 30 years due to his involvement in a fraudulent cryptocurrency scheme. This former employee of …
Read moreCoinEx Restarts Services Following High-Profile Security Breach
September 20, 2023
CoinEx, a major cryptocurrency exchange, has announced that it will resume deposit and withdrawal services for Bitcoin, Ethereum, Tether, USD Coin, and other cryptos starting September 21. The company has …
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