Are non-KYC exchanges riskier? Understanding legal implications
Non-KYC crypto exchanges expose users to significant legal risks, including liability for money laundering, asset seizure and tax compliance issues.
Related Posts


Bitcoin set for 3-month historic rally as analysts eye $92K BTC
According to market analysts, this could be the last dip buying opportunity for Bitcoin before the next leg up.

Bitcoin shorters ‘likely to get burned’ if CPI prints as expected
An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off.

HTX exchange loses $13.6M in hot wallet hack: Report
The incident affected the greater HTX, Tron, and BitTorent ecosystem. 85 Total views 1 Total shares HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of the $86.6 million HECO Chain bridge exploit on Nov. 22. According to a report by blockchain security firm Cyvers, the losses stem from three compromised hot wallets with users

New York digital media company the latest to add Bitcoin to balance sheet
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter. 254 Total views 12 Total shares Townsquare Media, a New York based digital marketing and radio station…

BitMEX and Human Rights Foundation provide $150K grant to Bitcoin scaling researcher
BitMEX has collaborated with a non-profit Human Rights Foundation to provide a $150,000 grant to Korean-based Bitcoin scaling researcher, Calvin Kim. 1027 Total views 6 Total shares Popular crypto derivatives exchange BitMEX has announced a $150,000 grant for Calvin Kim — a Korean-based Bitcoin scaling researcher.The grant comprises the second instance in which BitMEX has…

Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano
The crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses. 469 Total views 5 Total shares Prolific podcaster and cryptocurrency investor Anthony Pompliano has not lost faith in people or the crypto industry despite the disappointing conduct of former FTX CEO Sam Bankman-Fried.Bankman-Fried,…

Wrapped Monero launches as exchanges crack down on privacy coins
A wrapped version of the XMR privacy coin has launched on the Ethereum network. 723 Total views 11 Total shares Crypto custodian BTSE has launched an ERC-20 token that represents Monero (XMR) on the Ethereum blockchain, giving investors new exposure to the privacy-centric coin. Represented by the ticker symbol WXMR, Wrapped Monero is intended to bring…

Tiny Bitcoin miner defies massive odds to solve a valid block
Despite having a modest hashrate capacity of about 126 TH/s, the lucky miner won the crypto equivalent of the lottery and took home 6.25 BTC worth about $266,000. 596 Total views 16 Total shares A single Bitcoin miner from the Solo CK mining pool has defied the odds after successfully adding a new block on…