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Busan's digital exchange plans exclude global crypto exchanges.
exchange

Busan's digital exchange plans exclude global crypto exchanges.

Busan, the city of South Korea, has moved a step closer to forming a local crypto exchange. But it has dropped most of the global centralized exchanges from its plan after FTX's collapse. The five exchanges included Binance, Crypto.com, Gate.io, Huobi Global and FTX. Busan City intends to establish an exchange that divides digital assets into securities and non-securities.

Blockchain.News Presents: State of DeFi Survey
exchange

Blockchain.News Presents: State of DeFi Survey

Blockchain.News State of DeFi Survey

Bitcoin Surged for Eight Consecutive Days, a Feat since December 2020
exchange

Bitcoin Surged for Eight Consecutive Days, a Feat since December 2020

Bitcoin has been on an upward trajectory for eight consecutive days, as revealed by crypto analytic firm CryptoCompare.

Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November
exchange

Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November

New data by CoinGecko reveals that the monthly trading volumes across crypto exchanges surged to an all-time high of $348 billion in November.

Ethereum Stored on Crypto Exchanges Sinks to a Two-Year Low, What This Means for ETH
exchange

Ethereum Stored on Crypto Exchanges Sinks to a Two-Year Low, What This Means for ETH

On-chain analytics provider Santiment has shared data showing that Ethereum(ETH) held on crypto exchanges stands at 13.35% of its total circulation supply.

Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market
exchange

Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market

Malaysia’s national stock exchange, Bursa Malaysia will conduct a blockchain Proof-of-Concept (PoC) dubbed "Project Harbour" to explore the DLT management of the country’s bonds market.

South Koreans transacted $4.3 billion through illegal crypto exchanges
exchange

South Koreans transacted $4.3 billion through illegal crypto exchanges

In 2022, South Koreans transacted $4.3 billion through illegal crypto exchanges, comprising almost 70% of all illicit money traffic captured by officers. The transactions aimed to purchase foreign virtual assets to sell in the country later due to the South Korean regulatory regime isolating the local market.

Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms
exchange

Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms

Upbit has now registered with FIU as other exchanges move to follow this lead before the September 24 regulation deadline.

Indian Exchanges are all Out on Crypto With Ads Ahead of Coming Festive Season
exchange

Indian Exchanges are all Out on Crypto With Ads Ahead of Coming Festive Season

Indian crypto exchanges are planning huge ad campaigns to attract new users ahead of the upcoming festive seasons.

Japan's FSA Warns Binance and Others for Operating Without Registration
exchange

Japan's FSA Warns Binance and Others for Operating Without Registration

Japan's Financial Services Agency (FSA) has warned several foreign cryptocurrency exchanges, including Binance, of conducting business in the country without proper registration, violating the nation's fund settlement laws. The FSA has been cracking down on unregistered crypto exchanges since 2020, and this warning signifies that the cryptocurrency industry in Japan and other nations is facing greater regulatory scrutiny.

Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens
exchange

Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens

Hedera Hashgraph has confirmed a smart contract exploit on its mainnet, resulting in the theft of liquidity pool tokens from decentralized exchanges (DEXs) that use code derived from Uniswap v2 on Ethereum. The suspicious activity was detected when the attacker attempted to move the stolen tokens across the Hashport bridge, leading operators to temporarily pause the bridge. The exact amount of tokens stolen is unknown, and the Hedera team is working on a solution to remove the vulnerability.

Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
exchange

Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade

The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.

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