Upbit Exchange Receives MPI License in Singapore
Upbit, one of the largest cryptocurrency exchanges in South Korea, has obtained a Major Payment Institution (MPI) license for its local branch, Upbit Singapore, from the Monetary Authority of Singapore (MAS). Upbit Singapore has prepared to broaden its portfolio of services within the nation after obtaining the MPI license. The exchange becomes one of fifteen […]
ARK Invest Sells off 133,000 Coinbase Shares as BTC ETF Approval Nears
Cathie Wood’s ARK Invest sold 133,823 of its Coinbase shares on January 5, bringing the daily closing price from $153.98 to $152.67. A sale of 107,151 Coinbase shares from its ARK Innovation ETF (ARKK), 15,892 shares from its ARK Next Generation Internet ETF (ARKW), and 10,780 shares from its ARK Fintech Innovation ETF (ARKF) were […]
Bitcoin-accepting Vendors See 174% Increase in 2023
In 2023, the number of vendors accepting Bitcoin payments increased nearly threefold, according to Bitcoin merchant mapping provider BTC Map. According to the most recent data from BTC Map, the number of restaurants, bars, stores, and services listed to accept the digital asset increased from 2,207 at the beginning of 2023 to 6,126 by the […]
CoinsPaid Payment Gateway Suffers $7.5M Hack — Cyvers
CoinsPaid, a cryptocurrency payment gateway, has suffered its second security compromise in six months. Cyvers, a Web3 security firm, disclosed detected unauthorized transactions worth approximately $7.5 million. On January 6, the artificial intelligence system of Cyvers identified several anomalous transactions, which authorized the withdrawal of digital assets valued at $6.1 million in Tether, Ether, USD […]
Bitcoiner Spends $64K to Inscribe 9MB of Data on Bitcoin Blockchain
A Bitcoin user who remains anonymous has recently deposited around 9 megabytes of unprocessed binary data onto the Bitcoin blockchain for an estimated fee of $64,000. A post on X (formerly Twitter) on January 7 claimed that at approximately 11:20 am UTC on January 6, the Ordinals explorer Ord.io utilized over 1 Bitcoin to generate […]