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Search Results for: Cryptocurrency

RefundCoin (RFD) Yields $688K Profit by Selling 20.7B Tokens

As soon as the launch, the altcoin named RFD surged at a higher rate than expected with a 355.94% increase overall. This remarks an all-time high (ATH) of the same altcoin so far.  According to CoinMarketCap, the RefundCoin (RFD) is getting traded at $0.0000842 over a $76,911,802 trading volume in

May 23, 2023 2 mins read

Malaysia Shuts Down Unregistered Crypto Exchange Huobi Global

In a recent development, the regulatory authority in Malaysia has decided to shut down Huobi Global, a well-known cryptocurrency exchange. The move comes in response to the exchange’s unregistered status. And its implications have sent shockwaves throughout the crypto community, leaving Malaysian traders in a state of uncertainty. The regulatory

May 23, 2023 2 mins read

Bitcoin Pizza Day: A Decade of Gastronomic Remorse

May 22nd marks an event that encapsulates both the exuberance and regrettable hindsight of the cryptocurrency revolution—Bitcoin Pizza Day, now in its 13th year. Astonishingly, what started as a seemingly innocuous transaction in 2010, when a Florida-based programmer exchanged 10,000 bitcoins for two pizzas, has since become a cautionary tale

May 22, 2023 2 mins read

Digital Currency Group (DCG) Fails To Repay $630M Loan to Gemini

The Digital Currency Group (DCG) failed to repay $630M on a loan that was due to Gemini last week, as the exchange confirmed. Genesis, a division of Digital Currency Group, had received $900 million from Gemini before it went bankrupt. The crypto firm controlled by the Winklevoss twins and other

May 22, 2023 1 min read

BitMEX Announces Launch of Tailored App for Hong Kong Users

Hong Kong users of the cryptocurrency exchange BitMEX will soon have access to a new dedicated platform. With the implementation of the Hong Kong Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Statute 2022 on June 1, 2023, the company intends to apply for a Virtual Asset Service Provider (VASP) license. BitMEX’s

May 22, 2023 1 min read

Hotbit Exchange Halts Operations and Urge Users To Withdraw Funds

Crypto exchange Hotbit recently made headlines as it announced the temporary suspension of its operations. Moreover, the decision came as a surprise to many users and raised concerns about the safety of their funds. Let’s delve into the reasons behind Hotbit’s decision, and the implications for the broader crypto market.

May 22, 2023 3 mins read

Will RenQ Finance (RENQ) break all the records on its Launch on 22nd May?

The upcoming launch of RenQ Finance (RENQ) on 22nd May has generated significant anticipation and excitement within the cryptocurrency community. As investors and enthusiasts eagerly await this milestone event, there is a growing buzz surrounding the potential for RenQ Finance to break records and make a lasting impact in the

May 22, 2023 4 mins read

Tornado Cash Hacker Posted New Proposal To Restore Governance Control

An attacker used a fraudulent contract to get access to thousands of votes and take complete control of the popular cryptocurrency mixer Tornado Cash. Paradigm’s web3 research analyst @samczsun was the first to notice the problem over the weekend. According to a tweet by user samczsun, the attacker claimed to

May 22, 2023 1 min read

Malaysian Regulator Charges Huobi of Running DAX Without Registration

On Monday, the Securities Commission of Malaysia (SC) said that it has filed charges against Huobi Global Limited and its CEO, Leon Li, for illegally running a DAX. The crypto exchange was urged by the Commission to remove access to its website and mobile app in the nation. The Malaysian

May 22, 2023 2 mins read