EU Watchdog Flags Offshore Crypto Risks Under New MiCA Regulation
The ESMA has released a new Opinion outlining the severe risks associated with international crypto companies that apply for partial authorization under the MiCA regulation.
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Bybit Shuts Down Operations in France
In a press release on August 1, the well-known crypto exchange Bybit said it had stopped operations in France, and limited account features for French consumers.
South Korean Crypto Exchanges Hit with Surprise Supervisory Fees
Major crypto operators like Upbit, Bithumb, and Coinone will now have to pay a supervisory charge as part of the recently imposed Virtual Asset User Protection Act in South Korea.
India’s Web3 Alliance Bolsters Cybersecurity in Wake of WazirX Hack
The Indian BWA is concentrating more on enhancing cybersecurity and enhancing consumer safety in the crypto sector in the wake of the $230 million attack on WazirX.
Starknet-based ZKX Protocol Shuts Down Citing Low User Engagement
The founder of the ZKX Protocol has announced the closure of the platform, citing the lack of a commercially viable path for the protocol.
![Wemix[.]Fi Halts Lending Due To Stablecoin Liquidation Problems](https://coincodecap.com/wp-content/uploads/2024/07/wemix-fi-halts-lending-due-to-stablecoin-liquidation-problems.jpg "Wemix[.]Fi Halts Lending Due To Stablecoin Liquidation Problems 6")
Wemix[.]fi Halts Lending Due to Stablecoin Liquidation Problems
Wemix.fi declared on July 30 that its lending and borrowing operations would be discontinued.
4 Suspects Kill Bitcoiner After Forcing BTC Transfer, Police Report
Four suspects have been taken into custody by police in connection with the suspected kidnapping and murder of a 29-year-old foreign national Bitcoin user in Kyiv, Ukraine.
HK Police Arrest Four in Connection with HK$11M Crypto Fraud, Including Teen Suspect
Four people, including a 14-year-old, have been taken into custody by Hong Kong police as part of a massive operation against financial crime.
Crypto-Skeptic Andrew Left of Citron Faces Fraud Charges
The founder of the financial research company Citron Research has been charged with securities fraud for allegedly generating $16M by recommending "bait and switch" stocks.
CoinCodeCap WeekInFocus: July 28, 2024
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