Tokyo Whale Prepares 8,000 BTC Dump as Crypto Bloodbath Continues

Tokyo Whale Prepares 8,000 BTC Dump as Crypto Bloodbath Continues

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The skittish cryptocurrency market has moved further into the red today as several factors, including South Korean regulatory action, test the stress tolerance levels of market participants. One of the key drivers behind recent negative price movement is the actions of the Mt Gox bankruptcy trustee Nobuaki Kobayashi, who appears to be preparing for another…

South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

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The largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors have conducted searches at the exchange and confiscated computers and accounting records. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Under Investigation South Korea’s largest cryptocurrency exchange, the Kakao-backed Upbit is suspected of fraud,…

South Korean Top Regulator Considers Easing Cryptocurrency Regulations

South Korean Top Regulator Considers Easing Cryptocurrency Regulations

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The main regulatory body of cryptocurrencies in South Korea has a new chief who has just been approved by the country’s president. He is a known “activist and reformist” and has reportedly announced that he will consider relaxing crypto regulations to help businesses grow in this sector. Also read: Yahoo! Japan Confirms Entrance Into the Crypto…

Binance Adds Ripple/Tether (XRP/USDT) Pair to Its Exchange

Binance Adds Ripple/Tether (XRP/USDT) Pair to Its Exchange

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Binance announced yesterday via its official Twitter handle that it added a Ripple/Tether trading pair to its exchange platform. Having been in operation since 2017, Binance has transformed into one of the biggest crypto-exchange services on the planet today. Through an official blog post, the company shared key details of fees and regulations that will…