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South Korean Police Raid Bithumb Crypto Exchange Headquarters On Fraud Allegations
South Korean Police have raided the headquarters of Bithumb cryptocurrency exchange as part of an investigation into fraud.
Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe
Bithumb cryptocurrency exchange is set up for sale amid accusations of the alleged fraud.
Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology
The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering (AML) and counter-terrorist financing (CFT) challenges as crypto adoption increases. The FATF Travel Rule could mean implications for virtual asset service providers (VASPs), including cryptocurrency exchanges, wallet providers, and custodians.
Premier League Champion Manchester City Tokenizes its Players via Superbloke
It has been reported that the Premier League championship, Manchester city had signed South Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan and South-East Asia. Gacha games involve virtual currency.
Korea's Educated Jobless Individuals are Building their Blockchain Expertise
Korea’s surging ahead with its blockchain and crypto aspirations. Weeks after the government announced a $400 million blockchain fund, a prominent university added blockchain curriculum to its coursework.
India Darknet Policing Ramps Up Following Drug Racket Arrests
Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.
Bitcoin Buying Power Remains Strong as BTC Holds Strong Support Despite Slight Retracement
BitMEX’s perpetual contract funding rates has returned to a neutral territory after longs were paying shorts significantly.
Bitcoin Price Needs to Stay Above This Support Level in Order to Hit a New All-Time High as Whales Decline
Cryptocurrency analytics firm Santiment noted that the number of Bitcoin wallets with different amounts of holdings have seen a change this month.
Bitcoin’s Price Remains Stable Despite Crypto Market Crash, BTC Matures into a Less Volatile Asset
The world’s largest cryptocurrency has seen slight volatility, and has dropped back down below the $23,000 level, before gaining strength to trade at $23,172.
3 Reasons Behind Bitcoin and the Crypto Market's Sudden Crash
Bitcoin whales have been shorting the cryptocurrency market.
CFTC FinTech Research Wing Welcomes Innovators to Discuss with Regulators With its New Office Hours
LabCFTC, the United States Commodity Futures Trading Commission’s FinTech research wing, is planning to host office hours during the New York FinTech Week.
Teenage Bitcoin Scammer Behind 2020 Massive Twitter Hack Gets Sentenced to 3 Years in Prison
Graham Ivan Clark, a Florida teenager, will serve three years of probation after receiving a jail term of three years in prison.