Citadel-backed Hidden Road halts ByBit access for clients
Hidden Road cited Know Your Customer verification policies and concerns surrounding Anti-Money Laundering regulations on the ByBit exchange.
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Got coronavirus stimulus? Buying Bitcoin has already offered 12% returns
The $600 stimulus check invested in BTC last week would have made you $75 better off already, data shows. 2368 Total views 18 Total shares Americans who received their second coronavirus stimulus checks on Dec. 29 have already gained 12% — if they invested it in Bitcoin (BTC).As the United States government rolls out another…

Ministers used influence to pilfer millions in alleged Ponzi Scheme
They even wrote a self-help book about becoming a millionaire. Sounds like that may need to be updated. A recent filing from the United States Securities and Exchange Commission, or SEC, takes action against three individuals for allegedly raising millions of dollars against more than 1,000 victims. "From 2017 to May 2019, Jali, Frimpong, and Johnson,…

South Korean Government to Grant $3.2 Million to Blockchain Companies
Two South Korean ministries have announced their support for the blockchain industry in the country with plans to allocate up to $3.2 million in funding to local startups to encourage the use of such technology.The Ministry of Science and ICT (Information and Communications Technology) and the Ministry of Information and Communication Industry Promotion will launch…

Crypto Biz: Riot increases Bitfarms stake in takeover strategy
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil.

ETH Stolen From Crypto Exchange Cryptopia Moved, Portion Deposited on Exchange
A portion of the ether (ETH) stolen from hacked New Zealand-based cryptocurrency exchange Cryptopia has been moved and deposited to a different crypto exchange, according to an analysis. Crypto Anti-Money Laundering startup Coinfirm tweeted about their findings on May 20.According to Coinfirm, 30,790 (over $7.778 million) of the stolen ether has been reportedly moved to…

Crypto and stocks soften ahead of Fed rate hike, but XRP, ALGO and LDO look ‘interesting’
Prices remain soft across the market as traders await Federal Reserve Chair Jerome Powell’s statement on the size of the next interest rate hike. At the moment, the market consensus is a 0.75 bps rate hike and a sliver of analysts are banking on 1%. Stocks also appear en-route to close the day in the red,…

OKX seizes 2M USDT linked to market manipulation
The exchange has related frozen assets and will allocate over 3 million USDT for an airdrop to eligible users who suffered losses. 229 Total views 26 Total shares Own this piece of history Collect this article as an NFTAccording to a press release published by cryptocurrency exchange OKX on Feb. 28, the firm said that…

Crypto Exchange Bitstamp to Integrate New Platform for Market Monitoring
European cryptocurrency exchange Bitstamp will integrate a new platform to improve compliance and customer protection, according to a press release published Nov. 27.Bitstamp has formed a partnership with British market surveillance firm Irisium Ltd. in an effort to improve the safety and reliability of its marketplace. The exchange will deploy Irisium’s platform to monitor market…