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 […]
Poloniex Confirms Hacker’s Identity, Offers $10M Bounty
Poloniex, a cryptocurrency exchange, recently identified the individual responsible for over $100M hack from its platform and offered a $10 million bounty to return the stolen assets. PeckShield, a blockchain security firm, disseminated an on-chain message via social media that depicts Poloniex’s communication with the intruder. The exchange reports that they have previously verified the […]
Vitalik Buterin’s Wallet Tranfers 400 ETH to Coinbase
A wallet associated with Ethereum co-founder Vitalik Buterin was detected transmitting 400 ETH to Coinbase, worth approximately $600,000. Blockchain sleuths have identified several Ether transactions. In September 2023, transactions from a wallet associated with Ethereum co-founder Vitalik Buterin totaled over $3.9 million. Separate blockchain monitoring profiles disclosed on September 25 the details of a 400 ETH […]
Hong Kong’s SFC to Publish ‘Suspicious’ Crypto Platforms
Hong Kong’s Securities and Futures Commission has announced that it will publish a list of crypto trading platforms that pose a security risk. The Securities and Futures Commission (SFC), one of Hong Kong’s primary financial regulators, has pledged to intensify efforts to combat unregulated cryptocurrency trading platforms within its jurisdiction. The SFC announced on September […]
FTX Files Lawsuit Against Former Hong Kong Affiliate Staff
To recover $157.3 million, the bankrupt crypto exchange FTX has filed a lawsuit against former Hong Kong affiliate company employees. According to court documents, defunct cryptocurrency exchange FTX filed a lawsuit on September 21 against former employees of Hong Kong-based company Salameda, which was previously affiliated with the FTX group. In its court filing, FTX […]