The investigation into cryptocurrency exchanges concerning the listing of their internally-issued tokens has been launched by the Korea Financial Intelligence Unit (KoFIU), South Korea’s authority on financial matters. A price drop in its token, FTX Token, led to the bankruptcy filing of the cryptocurrency exchange FTX and its 130 associate
Operating as the third largest crypto exchange, FTX is now at zero level due to its highly-spoken liquidity crunch. Moreover, the collapse of FTX has shook the entire investors community and large users for investing in crypto markets. At present the whole crypto market is bearish with fall in prices
Due to the current hectic crisis of FTX crypto exchange, the whole crypto market is witnessing a crunch for over a week. As there are many issues bubbling up each day, one among them is from Binance. So, world largest crypto exchange, Binance paused accepting the deposits of FTX native
The current critical crisis of FTX crypto exchange is creating a significant impact on the whole crypto market. It is becoming the hottest story in the town, affecting large users and the investors. In addition, prices fell dramatically for all the cryptocurrencies. As the situation worsens day by day, the
As the recent talk of the town, FTX crypto exchange is spreading globally, thereby causing a crash for the entire crypto market. In just this week, the crypto market has lost almost 20% of its market cap, which is around $200B. In light of the ongoing crisis, a crypto strategist
Crypto space connects people through digital platforms where the users will always have insecurity for their data and assets. In order to avoid these insecurities and to build high user trust, Proof of Reserve (PoR) is operating. In addition, PoR is very popular to enhance the function of DeFi as
Despite the bear market, crypto adoptions are widely spreading across all areas around the world. In that case, in order to retain and keep its users engaging, FTX – an institutional crypto exchange has brought up an update. It is now accessible for all FTX users to send crypto’s via
Oanda’s partner Paxos tokenizes, trades, and settles assets. A new crypto exchange for institutional investors was also established by former forex traders from Jeffries Financial Group. Oanda, a multi-asset trading company based in New York, has introduced a new cryptocurrency trading service in the country. This most recent improvement, created
As a major existing issue, an anonymous miner is creating “Empty Blocks” on the Bitcoin SV network. So the Bitcoin Association is taking action on this prevailing issue, contacting all crypto exchanges and miners to freeze the empty blocks of the BSV miner. Proceeding, the miner will be under criminal
Singapore has granted cryptocurrency licenses to around 15 applicants. Coinbase recently declared the expansion of its services in Australia with two new features. The most prominent centralized cryptocurrency exchange, Coinbase, announced that it has obtained an “In-Principle Approval (IPA)” which the central bank introduced for cryptocurrency companies last year. With
