South Korean Upbit crypto exchange faces monopoly probe
South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank before the latter’s IPO, which is expected in late October.
Related Posts
Crypto-to-crypto swaps, explained
1200px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"xs","label":"Smartphones","breakpoint":"> 480px"},{"size":"xxs","label":"Extra small devices","breakpoint":"< 480px"}],"position":1,"status":true},"twitter":{"url":"https://twitter.com/intent/tweet?text=%TEXT%","icon":"twitter","title":"Twitter","position":2,"status":true,"sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"lg","label":"Large devices","breakpoint":"> 1200px"}]},"telegram":{"url":"https://t.me/share/url?url=%URL%&text=%TEXT%","icon":"telegram","title":"Telegram","position":3,"status":true,"sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"lg","label":"Large devices","breakpoint":"> 1200px"}]},"linkedin":{"url":"https://www.linkedin.com/shareArticle?mini=true&url=%URL%&title=%TITLE%","icon":"linked-in","title":"LinkedIn","position":5,"status":true,"sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"lg","label":"Large devices","breakpoint":"> 1200px"}]},"copy":{"url":"%URL%","icon":"copy","position":7,"title":"Copy Link","sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"lg","label":"Large devices","breakpoint":"> 1200px"}],"status":true},"whatsapp":{"url":"https://wa.me/?text=%TITLE% %URL%","icon":"whats-app","title":"Whatsapp","sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small…
Bitcoin ETF race begins: Has institutional trust returned to crypto?
With the Bitcoin (BTC) halving event less than a year away, several financial giants have filed applications for a spot Bitcoin exchange-traded fund (ETF) — a scenario last seen before the 2020 to 2021 bull run. Institutional interest in the sector dried up after major crypto giants such as FTX collapsed amid a prolonged crypto winter…
77% Of Bitcoin Volume Is Generated by Boomers For This Bitcoin Broker
Baby boomers are responsible for the 77% of volume growth for a San Franciscan Bitcoin broker. 1617 Total views 46 Total shares The demand from baby boomers is generating most of the growth for San Franciscan Bitcoin (BTC) broker, River Financial.Paul Tudor Jones effectMost surveys conclude that younger generations are more reciprocal to Bitcoin, making…
What is QuickSwap, and how does it work?
QuickSwap is a layer-2 decentralized application built on the Polygon blockchain allowing users to swap ERC-20 tokens. Decentralized exchanges (DEXs) are blockchain-based applications that form the fundamental cornerstones of the growing suite of decentralized finance (DeFi) tools. The QuickSwap DEX uses an automated market maker (AMM) model for users to swap tokens. It was founded…
Bitmain Co-Founder Launches Another Lawsuit to Regain CEO Role
Micree Ketuan Zhan, the co-founder of leading mining hardware producer Bitmain launched another lawsuit in an attempt to regain his position as the CEO of the firm.According to a court filing in Fujan province, Zhan initiated a lawsuit against Bitmain’s subsidiary Fujian Zhanhua Intelligence Technologies and Beijing Bitmain Technologies.A hearing on the case was initially…
FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source
FTX and Binance reportedly seek to transition existing Voyager customers to their platforms whereas CrossTower has proposed to keep the existing Voyager platform and app. 439 Total views 44 Total shares Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital’s assets out of bankruptcy, according to insider sources. According to…
NYC mayor releases plans for responsible AI usage in local government
The administration for the mayor of New York City has released a plan for creating a framework for government agencies to utlitize AI, along with the pilot of the city’s first AI chatbot. 138 Total views 3 Total shares The administration of New York City Mayor Eric Adams released a plan for the adoption and
After FTX: Defi can go mainstream if it overcomes its flaws
The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms. Investors are now coming to question how safe it is to keep one’s funds on these exchanges and have voiced grave concerns about centralized decision-making without any checks. FTX held one billion in a customer’s fund and was found to…