Bybit Exchange Announces Listing of Jupiter’s JUP Token
Major cryptocurrency exchange Bybit revealed its intention to offer Jupiter’s native token, JUP, a prominent liquidity aggregator on the Solana network. According to the release from January 26, the cryptocurrency will go live on Bybit’s spot and derivatives platforms on January 31. This will be a big step toward putting Jupiter’s intended decentralized governance model […]
South Korean Crypto Karaoke Platform Hacked for $11.5M
An attack caused the South Korean karaoke blockchain platform Somesing to lose access to 730 million SSX tokens valued at $11.58 million. A blog post by Somesing states that the hack happened on January 27. From the SSX tokens that were taken, 226 million were in the fund’s custody, and 504 million were still unallocated […]
Harvest Fund Files Spot Bitcoin ETF Application in Hong Kong
The Securities and Futures Commission has received a spot Bitcoin exchange-traded fund (ETF) application from Harvest Fund Management’s Hong Kong division. According to a Tencent News article, Harvest Fund Hong Kong has applied for a spot Bitcoin ETF with the Hong Kong Securities Regulatory Commission (SFC) since the local government has indicated that it is […]
OKX to Discontinue Mining Pool Services
OKX, a leading cryptocurrency exchange, has revealed its decision to shut down Bitcoin mining pool products and associated services. The cryptocurrency exchange OKX stated in a press release on January 26 that it was closing its mining pool services. This closure applied to new user registrations as well however it was still available to current […]
Canaan Raises $50M Selling Preferred Shares for Bitcoin Mining
Canaan, a producer of cryptocurrency mining rigs, has secured preferred share funding worth over $50 million to advance R&D and increase manufacturing volume. The Nasdaq-listed company stated in a recent filing that it raised funds by issuing and selling up to 125,000 convertible preferred shares to an institutional investor who wished to remain anonymous. Canaan […]