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The unexpected five-week-long suspension of OKEx’s crypto withdrawal service has left many of its users, largely based in China, disappointed and determined to leave or reduce holdings on the exchange when withdrawals resume sometime this week.“We will still trade on OKEx but our investment will be much more diversified and
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One of the crypto industry’s most popular exchanges is redoubling efforts to sweep U.S. users off its platform.As reported by Decrypt, Binance is threatening a hard deadline to herd U.S. users off its original exchange platform (not to be confused with Binance US, which is legally open to U.S. residents).
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The digital yuan, China’s planned national virtual currency, would account for 15% of total consumption payments in ten years, helping commercial banks gain more ground from fintech companies, according to a Nov. 17 Goldman Sachs report shared with CryptoX.The Digital Currency Electronic Payment (DC/EP) could be a more attractive alternative
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Apple’s most recent update, Big Sur, makes a feature that logs device activity for offline (and online) applications practically impossible for privacy solutions to bypass. The monitoring is yet another example of Apple’s privacy-compromising design choices, despite the company’s efforts to present itself as a privacy ally.VPNs and other firewalls cannot
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Kirobo has repurposed its bitcoin transaction reversal feature to work on Ethereum. Source
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South Korea’s Financial Services Commission (FSC) is seeking legal amendments that would make it mandatory for virtual asset service providers (VASPs) within the country to report the names of their customers.According to a press release from the financial watchdog on Wednesday, a proposed update to the Act on Reporting and
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The phase one Uniswap airdrop proposal was brought forth by the Dharma protocol. It claimed that its users were left out during the prior distribution.A day to the end of the Uniswap Phase one voting process, Uniswap users have overwhelmingly voted for the proposal that will see around 12,619 distinct
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Following a similar move by one of its rivals, popular cryptocurrency options exchange Deribit will require all of its users to be ID verified before the end of the year, according to a report by The Block. The largest crypto options exchange by trading volume will ask its users to submit
Read MoreMajor exchange OKEx suspended crypto withdrawals on Oct. 16. With little information coming from the firm or its CEO Jay Hao in the time since, users have begun demanding answers via Twitter.In an Oct. 20 tweet from Hao, the CEO stated that there had been “no on-chain out-flow” since the
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The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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