Zipmex Activates Recovery Plan, Restructuring Firm Helps
Zipmex has hired KordaMentha as its financial adviser to oversee a plan to get back on its feet. After having to stop withdrawals and file for protection from creditors in July, Singapore-based cryptocurrency exchange Zipmex hired a restructuring firm to help with a plan to get back on its feet. The exchange said on its […]
75% Of Illegal Forex transactions in South Korea are Crypto-Related
According to a Bloomberg study, the adoption rate of cryptocurrencies in South Korea is on the rise and some of these cryptocurrency transactions might support illicit business. According to Bloomberg, the majority of illicit foreign exchange transaction s in South Korea this year have been tied to cryptocurrencies. Additionally, the data indicates that they have […]
My Life In Crypto with Joy Dahunsi
“At first, it was not easy for me but as time went on I got a hand around some of the concepts in the crypto space.” How did you begin getting into crypto? Joy: I got info from a friend about an application for a content writer at Coinscreed. I applied for the job and […]
Crypto Lender Voyager To Pay Employees ‘Retention’ Bonuses
Judge Michael Wiles also agreed that the names and jobs of the employees who might get the bonuses would be kept secret and paid by Crypto Lender Voyager. A federal judge said that crypto lender Voyager Digital, filing for bankruptcy, can pay $1.6 million to more than 30 employees as a “retention” award. Judge Michael […]
FCA limits role as unregistered enterprises run
While many businesses continue to operate without permission, Crypto.com is the newest to register with the FCA in the UK. There are still more unregistered cryptocurrency-related firms than ones that are registered with the Financial Conduct Authority of the United Kingdom. A total of 37 organizations have been given the go-ahead to provide services in […]