In a landmark case that has sent shockwaves through the crypto community, South Korean authorities have arrested the CEO of one of the world’s largest cryptocurrency exchanges for alleged embezzlement. Kang Jong-hyun, CEO of Bithumb, was apprehended on Tuesday and faces charges relating to the purported misappropriation of millions of dollars and stock price manipulation…
U.S. Senators are calling on Silvergate Capital Corp to provide answers and explanations over the allegations of misuse of customer funds by cryptocurrency exchange FTX, highlighting a grave concern for consumer protection. Their demand has raised eyebrows across the financial industry with many questioning why Silvergate, which prides itself on providing secure banking services, failed…
A cryptocurrency company called Coinbase just released many updates to its Wallet software that will improve security and user experience. To safeguard users from harmful actions like spam tokens and airdropped assets, these tools include transaction views, token acceptance notifications, and an automated blocklist of flagged Apps. Users can also get token approval warnings when…
The recruitment and job-search scene in Japan is beginning to shift as a result of metaverse technology. A job fair with over 2,000 students in attendance gave them the chance to interact with recruiters through virtual avatars and consider the features and disadvantages of each career opportunity. According to the reports, participants were free to raise…
As per the data from IntoTheBlock, due to the price surge, 64% of the investors of bitcoin are now profiting from the enormous price increase that occurred in January. The Crypto Fear and Greed Index just recorded bitcoin’s (BTC) 11th successive day outside the “Fear” zone, making this the longest stretch of days without fear…
Tykhe Block Ventures, a USA based Venture Capital firm, has announced the first close of it’s Blockchain Growth Fund. The first close was led by a clutch of UHNWIs and Family Offices operating in South-East Asia & Middle East. The firm has also committed that approximately $10 Mn of the fund will be allocated to…
Amid severe market losses, Binance announced that it would expand its staff, which is good news for crypto professionals. Changpeng Zhao, the company’s CEO, delivered a statement regarding the upcoming employment opportunities during his speech at the Conference in St. Moritz. Due to the downfall of FTX and the loss of the crypto market of…
To promote the use of cryptocurrency in the country, the Hong Kong securities regulators will soon finalize the crypto tokens for retail trading. According to the report, the move has been taken as a part of a new crypto regulatory regime. However, this is not the first time a country has accepted cryptocurrency as payment….
Eindhoven, Netherlands, December 21, 2022 Syscoin, a decentralized and open-source project founded in 2014, has announced a long-term partnership with WEconomy, the largest Web3 incubator in Asia. The move marks a significant expansion milestone for the Syscoin ecosystem and adoption across Asia. The newly founded WEconomy, currently consists of seventy startup projects and DAOs (Decentralized…
After the successful launches and presale programs of its native currency, i.e., Funex Coin – Funex Club is all set to launch its non-custodial wallet named Funex Pro. Loaded with high-end features & technology, Funex Pro is a multi-chain cryptocurrency wallet. Like any crypto wallet, its primary function is to store, send, & receive cryptocurrencies….
