Cryptopia, the liquidator of the defunct cryptocurrency exchange, has begun the long-awaited distribution of funds to users affected by the devastating hack in 2019. Grant Thornton, the firm managing the liquidation, announced on December 20 that it has...
Kim Nam-guk, a former Democratic Party lawmaker in South Korea, is reportedly facing up to six months in prison after prosecutors accused him of hiding millions in cryptocurrency holdings and failing to properly disclose his wealth during financial...
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance's Australian operator, Oztures Trading Pty Ltd. The regualtor accused the crypto derivatives platform of misclassifying over 500 retail clients as wholesale investors, and thus, denying...
Japanese investment firm Metaplanet expects to post its first consolidated operating profit since 2017 in its next shareholder report. On December 18, the Tokyo-based company announced its fiscal year projections for 2024, forecasting ¥890 million ($5.8 million) in...
OKX has partnered with the on-chain data platform Dune Analytics to offer real-time analytics using its DEX aggregator. The integration, revealed on December 18, enables users to access detailed on-chain data, including daily transaction volumes, cross-chain swaps, and...
Hong Kong's newly proposed stablecoin bill passed its first reading in the city’s Legislative Council today, December 18, 2024. This move brings the city closer to establishing a robust regulatory framework for fiat-backed stablecoin issuers. During the presentation...
European Parliament member Sarah Knafo has urged the European Union (EU) to adopt Bitcoin as a strategic reserve while opposing the European Central Bank’s (ECB) proposed “digital euro.” In a recent speech shared via X before the European...
Binance has announced an increase in the maximum position limits for its yield-based margin asset, BFUSD, on Binance Futures. The upgrade, set to take effect on December 17, 2024, at 15:00 (UTC+8), aims to enhance trading capacity and...
Mark Longo, the original owner of Peanut the Squirrel, has escalated his legal battle with Binance following the crypto exchange’s decision to list the PNUT memecoin on November 11. Longo accused Binance of infringing on his intellectual property...
The UK’s Financial Conduct Authority (FCA) has announced plans to tighten restrictions on the crypto industry, including a proposed ban on public crypto offerings from non-regulated entities. The announcement, outlined in a discussion paper published on December 16,...
