Exchange News
-
Upbit Returns $6.07 Million to Crypto Scam Victims
The cryptocurrency market has been grappling with substantial losses due to cyber frauds, with only a handful of cases seeing successful recovery efforts. One remarkable instance involves Upbit, South Korea’s leading crypto exchange, which recently managed to refund a substantial amount of 8.5 billion won (approximately $6.07 million) to 380 victims affected by voice phishing scams. This notable recovery was achieved through Upbit’s advanced real-time Fraud Detection System (FDS) and…
Read More » -
Cryptocurrency
Upbit Returns $6.07 Million to Crypto Scam Victims
The cryptocurrency market has been significantly impacted by cyber fraud, leading to substantial financial losses amounting to millions of dollars. Unfortunately, successful recoveries are rare. However, a remarkable exception occurred when South Korea’s largest crypto exchange, Upbit, managed to refund 8.5 billion won, equivalent to $6.07 million, to 380 individuals who fell victim to voice phishing scams. This achievement was facilitated by the implementation of a real-time Fraud Detection System…
Read More » -
Cryptocurrency
Crypto.com Takes Significant Step in Australia: What’s on the Horizon?
In a significant step towards bridging the gap between cryptocurrency and traditional finance, Crypto.com, a leading name in the crypto industry, has made a strategic move in Australia. By acquiring Fintek Securities, an Australian brokerage licensed by the Australian Securities and Investments Commission (ASIC), Crypto.com is poised to expand its financial offerings beyond just cryptocurrency. This acquisition represents a crucial development, enabling Crypto.com to provide a diverse range of financial…
Read More » -
Cryptocurrency
Crypto.com Takes Significant Step in Australia: What Lies Ahead
In a significant move that underscores its ambition to bridge the gap between cryptocurrency and traditional finance, Crypto.com has acquired Fintek Securities, a prominent Australian brokerage licensed by the Australian Securities and Investments Commission (ASIC). This strategic acquisition enables Crypto.com to diversify its offerings beyond just cryptocurrency, positioning itself as a comprehensive financial platform for Australian users. The integration of Fintek into its ecosystem is a forward-looking initiative that promises…
Read More » -
Cryptocurrency
A Potential Revolution for Cryptocurrency Investors?
A New Way to Invest in Crypto Coinbase has made waves in the cryptocurrency industry with the introduction of the Coinbase 50 (COIN50) index fund. This innovative investment product offers a unique opportunity for investors by tracking the top 50 cryptocurrencies, excluding stablecoins. Instead of navigating the complex and volatile crypto market by selecting individual coins, investors can now gain exposure to a diverse range of digital assets through a…
Read More » -
Cryptocurrency
A Revolutionary Shift for Cryptocurrency Investors?
Sure, here’s an enriched and originalized version of the content, optimized for SEO with HTML headings: — In a surprising move that has caught the crypto world by storm, Coinbase has launched the innovative Coinbase 50 (COIN50) index fund. This groundbreaking fund is designed to track the top 50 cryptocurrencies, excluding stablecoins. But the question arises, will this new offering truly revolutionize the market? Let’s delve deeper into what this…
Read More » -
Cryptocurrency
Bitget Returns to the UK: A Fresh, Compliant Cryptocurrency Choice
Bitget, a prominent player in the cryptocurrency exchange arena, is making a comeback in the UK market with a renewed commitment to compliance. Earlier in 2024, Bitget temporarily halted its UK operations to align with the new financial regulations imposed by the UK government. Now, they have returned, fully compliant and in partnership with a reputable FCA reviewer. This relaunch signifies an exciting development for UK crypto enthusiasts, but what…
Read More » -
Cryptocurrency
Bitget Returns to the UK with a New Compliant Crypto Offering
Bitget, a renowned player in the cryptocurrency exchange sector, has made a significant comeback in the United Kingdom, this time adhering strictly to regulatory guidelines. Earlier in 2024, Bitget temporarily halted its UK operations to navigate the intricate landscape of new financial regulations. Now, with a renewed focus on compliance and a strategic partnership with a trusted FCA reviewer, Bitget is ready to serve UK crypto enthusiasts. But what does…
Read More » -
Cryptocurrency
Binance Reportedly Pursues $100M as Coinbase Highlights Zero Fees
In the ever-evolving world of cryptocurrencies, the listing of a digital asset token on major exchanges is seen as a significant achievement by most projects. Such a listing not only enhances the project’s visibility but also attracts a global pool of investors, paving the way for sustainable growth similar to the trajectory experienced by Bitcoin (BTC) over the years. Nonetheless, the process of listing digital asset tokens on prominent crypto…
Read More »
