South Korean crypto exchanges face unexpected supervisory fees

A crypto company that enables thousands of retailers to function as virtual ATMs for an array of cryptocurrencies has recently processed its largest single transaction to date, valued at over $3.44 million.  Netcoins, which is aiming to simplify the process of buying and selling crypto by offering the public a trustworthy source for making purchases,…

The creditors will receive a monetary equivalent of the value of their lost crypto assets as April 15 2019. 48 Total views 10 Total shares Creditors of the bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.” According to a May 12 notice to…

The Bitcoin bull-bear market indicator has turned green once more after Bitcoin's drop below $50,000 triggered its first bearish signal since January 2023.

Immersive experiences are already popular in the entertainment, gaming, and fashion industries, but they can also be a tool to address various other corporate needs, like simulating manufacturing operations and training managers to have sensitive conversations. Deloitte made this bet in late February when it announced a partnership with virtual spaces company Vatom to offer immersive…

The discussion of FTX.US’s proposal for non-intermediated margined products clearing highlighted unknown factors and need for more regulatory framework. 346 Total views 5 Total shares FTX CEO Sam Bankman-Fried did a lot of talking at the United States Commodity Futures Trading Commission (CFTC) staff roundtable on non-intermediation Wednesday. He fielded questions and issues from 31…

Howard Marks hints that he is becoming the latest Bitcoin naysayer to change his tune completely in a new memo to investors of Oaktree Capital. 396 Total views 4 Total shares Bitcoin (BTC) at $34,000 may have gained a new convert after billionaire investor Howard Marks admitted that he needed to change his "skeptical view."In…

The Ravencoin community continues to argue over what mining algorithm the project should adopt in the future to best deter ASICs, despite Ravencoin conducting a hard fork intended to bolster ASIC-resistance just five months ago.Tron Black, Ravencoin’s lead developer, posted an update on Feb. 18 stating that “work is ongoing to test various alternative algos…

Northern Trust Corp., a leading global asset management firm with $954 billion in total assets under management, is planning to start a custody service for digital assets, Bloomberg reported July 31. The company’s head of corporate and institutional business Pete Cherecwich told Bloomberg that the company has started developing a strategy to secure custody-held digital…