Mt. Gox Moves $2.6B in Bitcoins to Pay Creditors
Bitcoin has experienced another drop in value as bankrupt exchange Mt. Gox transferred a large amount of the cryptocurrency to a new wallet, potentially preparing for creditor repayments.
South Korea Launches a Crypto Monitoring System
The Financial Supervisory Service of South Korea has announced it has created a new 24-hour surveillance system for the cryptocurrency market.
Indian Crypto Exchange CoinDCX Buys BitOasis to Expand to MENA Region
CoinDCX has acquired BitOasis, a virtual trading platform operating in the Middle East and North Africa region, cementing its position as the largest cryptocurrency exchange in India.
CertiK: Crypto Projects Lost $1.19B in First 6 Months of the Year
According to the most recent CertiK Web3 Security Report, there has been a significant loss of $1.19 billion due to security incidents on blockchain in the first half of 2024.
Hong Kong Regulators Plan to Evaluate Existing Crypto Rules
According to Hong Kong’s financial secretary, the regulations surrounding cryptocurrency-related activities will be continuously reviewed as the industry continues to evolve.
Paxos Receives Full Regulatory Approval in Singapore
The Monetary Authority of Singapore (MAS) has granted full regulatory approval to Paxos International, a blockchain and tokenization platform.
Tether Will Participate to Promote Crypto Knowledge in Turkey
Tether has teamed up with a Turkish cryptocurrency firm in order to increase its presence in the country and raise awareness about the industry.
