Cryptocurrency Analysis and News Portal
Only ten out of dozens of crypto exchanges in South Korea have registered with local authorities before the clock runs out on them on Friday, a notice on the regulator’s website shows.In April, the country’s Financial Services Commission mandated that all virtual asset service providers in South Korea must register
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BitMEX joined the ranks of crypto exchanges removing Korean language materials from its site ahead of a regulatory deadline that will likely banish dozens of exchanges from South Korea.“With the introduction of new local regulatory requirements in South Korea on 24 September 2021,” BitMEX will remove all Korean language from
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The upcoming Taproot Bitcoin upgrade was proposed to enhance the network scripting capabilities and also the privacy aspect. Major Bitcoin mining pools have signaled for the Taproot system upgrade scheduled to take place during the second half of the year. Should the upgrade take place, it would be the largest system
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ETH 2.0’s beacon chain genesis has been confirmed for Dec. 1, following the transfer of 524,288 Ether from 16,384 validators into the ETH 2.0 deposit contract since it went live on Nov. 4.Despite early concerns stemming from low staking participation, transfers to the deposit contract rapidly increased over the past
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Mt. Gox's rehabilitation plan deadline of Oct. 15 has been extended yet again this time to December. Source
Read MoreThe trustee of the now-defunct Japanese cryptocurrency exchange Mt. Gox has obtained another approval to extend the deadline for submitting a rehabilitation plan.Following a motion by Mt. Gox rehabilitation trustee Nobuaki Kobayashi, the Tokyo District Court issued another order to extend the deadline until Dec. 15, 2020, according to an
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The United Kingdom's Financial Conduct Authority, or FCA, on Monday urged all national cryptocurrency businesses to submit their registration with the regulatory watchdog.According to the FCA’s statement, firms must submit completed applications by June 30. The regulator says that the anticipated deadline is necessary to ensure that all applications are
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The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of rehabilitation plans. According to an official announcement published on the company’s website on March 30, Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi filed a motion with the Tokyo District Court to extend the submission
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Liquidators of hacked New Zealand cryptocurrency exchange Cryptopia have recovered almost $11 million in the past six months, but say the process remains difficult.In its second report into its operations at Cryptopia, Grant Thornton confirmed that receipts from May to November totaled around 10.9 million New Zealand dollars ($7.18
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