Upbit to pause NEAR deposits for network upgrade

A recent Wall Street Journal investigation has found that $88.6 million in ill-gotten funds have been funneled through 46 cryptocurrency exchanges, the WSJ reported September 28. $9 million of the suspect funds reportedly went through crypto exchange ShapeShift.ShapeShift is a Switzerland-based digital currency exchange that was formed in 2014 by Erik Voorhees. Unlike other trading…

Our weekly roundup of news from East Asia curates the industry’s most important developments. Samsung’s new Bitcoin ETF On Jan. 13, Samsung Asset Management, a wholly-owned subsidiary of the namesake South Korean conglomerate, successfully listed the Samsung Bitcoin Futures Active ETF on the Hong Kong Stock Exchange. According to local news outlet Edaily, the ETF…

In April 2017, Liliana Partenava invested around $2,000 in some friends’ Ether mining venture. Having no previous knowledge of cryptocurrency, she then wanted to learn more about blockchain technology and its applications.Finding little online content explaining how blockchain and cryptocurrency work in simple terms, she decided to create her own documentary. The film follows her…

Non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need. Through ever-evolving crypto and blockchain-related technology, crypto philanthropists told Cointelegraph that they've witnessed “new wealth distribution mechanisms" never seen before. “Philanthropy has traditionally been seen as a high-cost-of-entry, individualistic activity but with web3, collective…

CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking. 170 Total views 7 Total shares Own this piece of history Collect this article as an NFTEmerging central bank digital currency (CBDC) cross-border transaction technology could transform the global economy by providing faster, cheaper…

Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year's average. 720 Total views 7 Total shares Retail-focused trading app Robinhood has revealed the number of new monthly customers buying from its crypto platform this year is 15 times the 2020 average.According…

The massive-scale hack of major United States credit card issuer Capital One has left the personal data of over 100 million individuals exposed.As CNN reported on July 30, confidential data for around 106 million Capital One customers' accounts and credit card applications was stolen by an alleged hacker, Paige Thompson, 33, in March of this…

“It’s impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin,” said Jan van Eck as he made his bullish case for BTC. The CEO of investment management firm VanEck says he can’t see a world where Bitcoin (BTC) is overtaken as the leading store of value on the internet.“I think