South Korean prosecutors request arrest warrant for Bithumb owner: Report
[ad_1] According to local news outlet Infomax, South Korean prosecutors requested an arrest warrant on Jan. 25 for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb. Kang is wanted on allegations of embezzlement related to his activities at the exchange. The same day, the Financial Investigation 2nd Division...
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Binance Stored Users’ Fund with B-Tokens Collateral by ‘Mistake’: Report
[ad_1] Binance, the world’s biggest cryptocurrency exchange by trading volume, admitted to storing customers’ funds and the collateral of some of the tokens it issues by “mistake.” According to Bloomberg, Binance issued 94 Binance-peg tokens, also called ‘B-Tokens’. However, almost half of the reserves of these tokens are kept...
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BitKeep exploiter used phishing sites to lure in users: Report
[ad_1] The Bitkeep exploit that occurred on Dec. 26 used phishing sites to fool users into downloading fake wallets, according to a report by blockchain analytics provider OKLink. The report stated that the attacker set up several fake Bitkeep websites which contained an APK file that looked like version...
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Crypto is ‘most mature’ in these 2 countries, new Huobi report reveals
[ad_1] Bitcoin (BTC) and crypto are only used by 13.7% of Americans, but they generate more exchange volume than anyone else. The latest data compiled by exchange Huobi confirms that in 2022, the United States is the most “mature” crypto market. U.S., Vietnam lead the way on crypto Despite...
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Deribit and OKX attract significant traffic from China despite a blanket ban: report
[ad_1] Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China despite a blanket ban on crypto transactions and foreign exchanges last year. China has banned the use of cryptocurrencies more than a dozen times in the last decade,...
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DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report
[ad_1] KuCoin Labs, the investment and research arm of crypto exchange KuCoin, has released its annual report, predictin that decentralized finance (DeFi) will still be a significant trend in the crypto industry in 2022 and governance will be run through decentralized autonomous organizations (DAOs). With the DeFi ecosystem continuing...
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BitNile Releases January Report on Bitcoin Production and Mining Operations
[ad_1] BitNile Holdings, Inc, a Bitcoin mining firm based in Las Vegas, has published a report on its Bitcoin Bitcoin Bitcoin is the world’s first digital currency that was created in 2009 by a mysterious entity named Satoshi Nakamoto. As a digital currency or cryptocurrency, Bitcoin operates without...
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Report Shows United States At The Top Spot Among Crypto Ready Countries
[ad_1] Crypto Head recently published a report placing the United States on top of its list of “Crypto ready” countries. One indication that the country is ready to adopt cryptocurrencies is the whopping number of Bitcoin ATMs presently operating in the U.S. Related Reading | Elon Musk’s “Baby Doge”...
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