Crypto Exchange Bitbank eyes IPO on Tokyo Stock Exchange
Bitbank is preparing for an IPO on the Tokyo Stock Exchange, making it the second largest Japanese company to request regulatory permission to go public. The Japanese cryptocurrency trading platform Bitbank Inc. is attempting to go public to increase its market share and profit on Japan’s increasing interest in digital assets. The trading firm intends […]
Spanish Banking Giant Unicaja Invests In Crypto Exchange
Spanish banking giant Unicaja invests in crypto exchange Bit2Me, gaining over 5% ownership and a board seat, signifying a major move forward in blockchain & crypto adoption. Unicaja, a Spanish banking giant has disclosed a substantial investment in crypto exchange Bit2Me. This strategic partnership, which involves one of Spain’s top five institutions investing in a prominent digital asset platform, […]
Crypto Exchange OKX Halts Operations in Nigeria
OKX, a digital asset exchange, has announced the discontinuation of its services in Nigeria, citing local regulations. Crypto exchange OKX has announced its withdrawal from Nigeria, citing local laws in the wake of a recent crackdown on digital asset services in the country. This contributes to the ongoing regulatory crisis that crypto companies are currently encountering in […]
Defunct Exchange Mt. Gox Begins Repayments in BTC, BCH
Defunct cryptocurrency exchange Mt. Gox has initiated the repayment of its debts in Bitcoin (BTC) and Bitcoin Cash (BCH) to users following the rehabilitation plan. Some rehabilitation creditors receive repayments through designated crypto exchanges following the rehabilitation plan. The Mt. Gox Trustee’s total Bitcoin balance on all known addresses is 94,457 BTC, as indicated by […]
Crypto Hacks Decrease by 54.2% in June 2024
There was a 54.2% decrease in net losses from cryptocurrency breaches and exploits in June compared to May, which saw nearly $385 million in losses from crypto hacks. In June, the crypto space experienced approximately 20 malware incidents, resulting in a net loss of nearly $176 million, per data from the crypto analytics firm PeckShield. […]