South Korea Crypto Regulation: PPP Proposes Ambitious Reforms for Market Growth
Blockchain News

South Korea Crypto Regulation: PPP Proposes Ambitious Reforms for Market Growth

Exciting developments are brewing in the Korean crypto market! South Korea’s ruling People Power Party (PPP) is signaling a strong intent to reshape the nation’s approach to digital assets. Their recent statements highlight a clear focus on fostering growth and integrating cryptocurrencies more deeply into the economy, proposing significant changes to existing South Korea crypto […]

Bithumb Siacoin Users Alerted to Urgent Suspension
Press Release

Bithumb Siacoin Users Alerted to Urgent Suspension

Attention Siacoin (SC) holders and traders! A crucial announcement from South Korean crypto exchange Bithumb is set to impact your activities. Starting June 5th, 2024, Bithumb will implement a temporary halt on Siacoin (SC) deposit and withdrawal services. This move is standard procedure and is being done to fully support an upcoming Siacoin network upgrade. […]

Crypto Liquidations: Massive $344M Wiped Out in 24 Hours
Uncategorized

Crypto Liquidations: Massive $344M Wiped Out in 24 Hours

The cryptocurrency market remains a hotbed of activity, especially in the derivatives sector. Perpetual futures trading, while offering significant opportunities, also carries substantial risk. Over the past 24 hours, we saw considerable volatility leading to significant crypto liquidations across major assets. Understanding Crypto Liquidations and Perpetual Futures Before diving into the numbers, let’s quickly cover […]

US Spot ETH ETFs See Encouraging $91.9M Inflow Streak
Ethereum News

US Spot ETH ETFs See Encouraging $91.9M Inflow Streak

The world of cryptocurrency investment is constantly evolving, and recent data shows a notable trend for Ethereum-based products. Specifically, US spot ETH ETFs are experiencing a period of positive momentum that’s capturing the attention of investors. What’s Driving Recent Ethereum ETF Inflows? According to data from Farside Investors, US spot Ethereum (ETH) ETFs saw significant […]

Critical Crypto Crackdown: Tether and Circle Freeze USDT Over OFAC Sanctions
Blockchain News

Critical Crypto Crackdown: Tether and Circle Freeze USDT Over OFAC Sanctions

The world of stablecoins just saw a significant action demonstrating the growing intersection of traditional finance regulation and the digital asset space. Leading stablecoin issuers Tether and Circle have implemented a targeted Tether USDT freeze and Circle USDT freeze on addresses linked to a firm recently sanctioned by U.S. authorities. Understanding the Impact of Crypto […]