Google Play Store requiring VASP registration for cryptocurrency exchange apps in South Korea
Bitcoin News

Google’s Essential VASP Registration Mandate Shakes South Korea’s Crypto Exchange Market

SEOUL, South Korea – January 15, 2025 – Google has implemented a decisive policy shift that fundamentally alters the cryptocurrency space in South Korea. The technology giant now mandates that all cryptocurrency exchange applications provide documented proof of Virtual Asset Service Provider (VASP) registration with South Korea’s Financial Intelligence Unit (FIU) to maintain their presence […]

Bybit cryptocurrency exchange delisting announcement for USDT spot trading pairs including MEMEFI
Bitcoin News

Bybit Delisting Shakeup: 6 USDT Spot Trading Pairs Including MEMEFI Face Removal in January 2025

Major cryptocurrency exchange Bybit has announced a significant delisting decision that will affect six USDT spot trading pairs, including the notable meme-inspired token MEMEFI. The exchange confirmed the removal of MEMEFI, RACA, ART, SPEC, XCAD, and MYRO trading pairs effective 8:00 a.m. UTC on January 21, 2025. This strategic move follows Bybit’s regular review processes […]

Upbit exchange adjusts WalletConnect WCT token circulation plan with supply increase analysis
Bitcoin News

Upbit’s Strategic Pivot: WalletConnect (WCT) Circulation Plan Shifts with 8.2M Token Increase

SEOUL, South Korea – March 2025 – In a significant development for the cryptocurrency ecosystem, leading South Korean exchange Upbit has implemented substantial revisions to WalletConnect’s (WCT) token circulation strategy. The exchange confirmed these changes today, revealing an 8.2 million WCT increase in the first quarter’s planned supply. This adjustment follows direct consultation with the […]

A digital screen showing the Bithumb BABY suspension notice, informing users about the temporary halt for network maintenance affecting the BABY token.
Press Release

Urgent Bithumb BABY Suspension: Deposits & Withdrawals Halted November 13th

The cryptocurrency world is constantly evolving. Staying informed about exchange announcements is vital for all participants. South Korean crypto giant Bithumb has issued an important notice. It concerns the **Bithumb BABY suspension** for deposits and withdrawals. This temporary halt begins on November 13th. Users holding Babylon (BABY) tokens on the platform must understand these changes. […]

Charts illustrating Gemini's significant Q3 net loss, highlighting financial challenges amidst its Nasdaq listing plans.
Press Release

Gemini’s Alarming $159M Q3 Loss Raises Questions for Nasdaq Aspirations

The world of digital assets often brings both remarkable gains and significant challenges. Recently, news broke that sent ripples through the cryptocurrency sector. Specifically, Gemini, a prominent cryptocurrency exchange, recorded a substantial financial downturn in its third quarter. This revelation provides significant insights into the operational costs and market pressures facing major players in the […]

Visualizing the Bithumb XEC suspension for a crucial network upgrade, impacting eCash deposits and withdrawals.
Press Release

Bithumb XEC Suspension: Significant Upgrade Impacts Deposits and Withdrawals on November 14

Cryptocurrency users are advised to take note of an important announcement. South Korean crypto exchange Bithumb has declared a temporary suspension. This action impacts deposits and withdrawals for eCash (XEC). The suspension begins promptly at 10:00 a.m. UTC on November 14. This key measure supports an upcoming network upgrade. Therefore, users holding or trading XEC […]

An illustration showing the Binance and Injective logos with a 'pause' or 'maintenance' symbol, signifying the Binance INJ suspension for an upgrade.
Press Release

Injective Update: Binance Announces Essential Suspension of INJ Deposits & Withdrawals

Crypto enthusiasts and traders, take note. Binance, the world’s leading cryptocurrency exchange, has issued a significant announcement. The platform will temporarily suspend **INJ deposits and withdrawals** to make possible a significant **Injective network upgrade**. This temporary halt is a standard procedure for major exchanges. It ensures the smooth and secure transition of network protocols. Understanding […]

A digital interface showing Upbit's announcement regarding the temporary FCT2 suspension, indicating a halt in transactions.
Press Release

Upbit’s Urgent FCT2 Suspension: Key Details for FirmaChain Users

Cryptocurrency investors and traders closely monitor exchange announcements. Recently, South Korean crypto giant **Upbit** issued a significant update. The exchange will temporarily suspend **FCT2 deposits and withdrawals** for FirmaChain. This move begins at 3:00 a.m. UTC on the 18th. Understanding the implications of this **Upbit FCT2 suspension** is key for all affected users. Understanding the […]