Japanese crypto exchange Coincheck partners with The Sandbox to build a metaverse city
Coincheck, a Japanese crypto exchange, revealed on Sunday that it has teamed up with The Sandbox, to create a new metaverse city dubbed ‘Oasis TOKYO.’ The partnership is expected to boost The Sandbox brand in the Japanese market The project will be built on LAND, a virtual piece of real estate in The Sandbox’s metaverse […]
The founder of Wonderland and Co-founder of exchange QuadrigaCX is allegedly the same person
Avalanche-based DeFi protocol Wonderland‘s founder Michael Patryn from a recent allegation was the co-founder of the now defunct Canadian exchange QuadrigaCX. Decentralized finance (DeFi) investigator zachxbt revealed the genuine identify of formerly anonymous QuadrigaCX co-founder Michael Patryn in a series of tweets released Jan. 27, doxxing him as @0xSifu, the founder of DeFi protocol Wonderland. […]
Hong Kong authorities arrest siblings over an alleged crypto money-laundering scheme
Hong Kong Customs has arrested a brother and sister for allegedly laundering over HK$380 million ($50 million USD) through bank accounts and cryptocurrency exchange. A 21-year-old man and a 28-year-old woman were arrested on suspicion of money laundering under the Organized and Serious Crimes Ordinance (OSCO) , according to a Hong Kong Customs announcement, with […]
South Korea to prohibit withdrawals from its exchanges to non-KYC’d wallets
South Korea is already leading the space with some of the strictest policies for crypto platforms, with the new proposal of blocking virtual currency transactions from anonymous sources, it hopes to combat illegal activities and money laundering. By bringing crypto exchanges and businesses under the law, South Korea has risen to become the world’s leading […]
Binance is reportedly making plans to set up a crypto exchange in Indonesia
The world’s largest crypto exchange by trading volume Binance according to reports is planning to launch a crypto venture in Indonesia as part of its global expansion process after the whole regulatory issues it has faced. According to Bloomberg, the world’s largest exchange has revealed that it is in talks to establish up a crypto […]