Texas and New Jersey regulators files lawsuit against Celsius Network
The Texas Securities Commission will look into claims that Celsius Network is offering and selling securities that are not registered or permitted in Texas, and is not registered as a broker-dealer under the state’s Securities Act. After a hearing, the Texas State Securities Board may require Celsius Network to stop offering securities registered with the […]
Automated market maker MonoX raises $5M to launch single-token liquidity pools
The automated market maker MonoX is now in beta development and is expected to go live in Q3 of 2021, according to the company. MonoX , an automated market maker, today announced a $5 million capital investment from venture capital firms including Axia8 Ventures, Animoca Brands, and Divergence Ventures, among others. The funds were raised […]
Bybit crypto suspends operations in South Korea
A prominent cryptocurrency exchange in South Korea, Bybit is closing its doors as a result of the impending regulatory deadline in the country. Following the expiration of a license, Bybit , one of the world’s most prominent cryptocurrency derivatives exchanges, will temporarily suspend certain of its services to South Korean users. Earlier this week, the […]
MISO, SushiSwap’s token launchpad, hacked for $3 million
After receiving no response from the suspected hacker, SushiSwap’s CTO will instruct their lawyer to “file an IC3 complaint with the FBI.” A hacker gained access to the supply chain of SushiSwap’s token launchpad platform, MISO, according to Joseph Delong, chief technology officer of the decentralized finance (DeFi) platform. “An anonymous contractor with the GH […]
PayPal announces that customers can now hold and trade crypto
After a slow rollout last month, PayPal’s Bitcoin trading services are now fully operational in the United Kingdom. On Friday, PayPal announced that all eligible users in the United Kingdom can now use their PayPal accounts to purchase, hold, and sell cryptocurrencies. Customers can exchange Bitcoin, Ether, Litecoin, and Bitcoin Cash. As previously stated, only […]