DCG Clears $700M Debt Through Genesis Settlement
With reference to the now-defunct crypto lending platform Genesis, venture capital firm DCG declared that it has paid off all of its short-term loans.
Tag crypto-exchange
North Korean Hackers Swipe $600M in Crypto in 2023
Key takeaways: In a year marred by significant cybersecurity incidents, North Korea (DPRK) has solidified its position as a formidable player in digital theft through the activities of the highly sophisticated Lazarus group. Accused of orchestrating cryptocurrency hacks amounting to…
SEC Urges Court to Consider Terraform Labs Ruling in Ongoing Binance Lawsuit
In a federal court filing, the US SEC requests that a judge provide a summary judgment ruling in its lawsuit against the crypto exchange Binance.
Celsius Network To Unstake Ethereum Holdings to Repay Creditors
Key Takeaways Celsius Network, the bankrupt crypto lending platform, has shared plans to unstake its existing Ethereum holdings to make it easier to distribute assets to creditors. In a recent update on X, the company, which filed for Chapter 11…
Huobi Korea Announces Closure of Virtual Asset Exchange Services
Key takeaways: Huobi Korea, the South Korean cryptocurrency exchange that originated as the Korean branch of the global exchange HTX, is slated to cease its services on January 29, according to an official announcement released last Friday. The decision comes…
How to Earn Crypto on OKX (Previously OKEx)?
OKX (Previously OKEx) is a cryptocurrency exchange and a platform for trading cryptocurrencies. Thus, it provides a safe and stable environment for crypto trading. This article will guide you on how to earn a yield on OKX. Summary (TL;DR) OKX…
South Korea Considers Prohibiting Crypto Purchases with Credit Cards
South Korea is proposing to amend the credit financing regulations, making it illegal for residents to use credit cards to buy crypto.
Nigeria’s Central Bank Eases Restrictions on Cryptocurrency Transactions
Key takeaways: In a significant policy shift, Nigeria‘s central bank has released updated guidelines for banks handling cryptocurrency accounts, signalling a change in the country’s stance towards digital assets. The move comes after the central bank recently lifted its ban…
EU Escalates Probe Into Crypto Links With Banks
Key takeaways: In a move to enhance the resilience of the European Union’s banking sector, the European Banking Authority (EBA) is set to intensify efforts to assess the potential impact of strains in non-bank financial institutions (NBFIs), with a particular…
OKX Enhances Security: Implements New FCA Rules for UK Users
As part of new regulatory requirements by the FCA of the UK, crypto exchange OKX is proposing guidelines for its users based in the country.
