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.
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.
The Financial Supervisory Service of South Korea has announced it has created a new 24-hour surveillance system for the cryptocurrency market.
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.
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.
According to Hong Kong’s financial secretary, the regulations surrounding cryptocurrency-related activities will be continuously reviewed as the industry continues to evolve.
The Monetary Authority of Singapore (MAS) has granted full regulatory approval to Paxos International, a blockchain and tokenization platform.
Tether has teamed up with a Turkish cryptocurrency firm in order to increase its presence in the country and raise awareness about the industry.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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