Philippine SEC Bans Binance for Unlicensed Crypto Trading
The Philippine SEC has blocked Binance, the world’s largest crypto trading platform, for operating without a license in the country. Filipino users have three months to withdraw their funds and close their accounts. The Philippine Securities and Exchange Commission (SEC) has issued a cease-and-desist order against Binance, the world’s largest crypto trading platform, for violating […]
AntPool Offers to Refund 83 BTC Transaction fee to Affected User
On November 30, the cryptocurrency mining platform AntPool issued an update announcing that it would refund the 83 Bitcoin transaction charge to the affected user provided they provided the necessary identification information. It stated that its risk control system temporarily suspended the fee during transaction packaging; therefore, it will refund the fee once the affected […]
KyberSwap Hacker Demands Complete Executive Control of Platform
The hacker responsible for the $46 million KyberSwap breach has demanded “Complete Executive Control” of the Kyber organization, including all company assets, both on and off-chain, shares, equity, and tokens in exchange for the return of the stolen funds The KyberSwap intruder dispatched an on-chain message to all pertinent and interested parties on November 30. […]
Hong Kong Securities Association Proposes ICO to Stimulate Economy
The Hong Kong Securities and Futures Professional Association recommends the country could conduct an initial coin offering (ICO) to stimulate the local economy. Printed on November 29 and bearing the signature of association president Chen Zhihua, the document contained a variety of measures ranging from routine to audacious. The recommendations encompass the official acknowledgment of […]
ARK Invest Buys 200,275 SOFI Shares as SoFi Exits Crypto
Cathie Wood’s ARK Invest acquired 200,275 SOFI shares, approximately worth $1.5 million, on November 29, as SoFi announced plans to terminate crypto services by the end of 2023. ARK acquired 200,275 SOFI shares on November 29 for allocation to its ARK Fintech Innovation ETF (ARKF). Reporting by TradingView, the value of the sum is $1.47 […]