Blockchain News

Bithumb’s $89M Profit Victory: South Korean Crypto Exchange Announces Incredible Financial Turnaround

In a stunning reversal of fortune, South Korean cryptocurrency exchange Bithumb has announced a jaw-dropping operating profit of $89 million for 2024! Just a year prior, the exchange faced an operating loss, making this financial **turnaround** nothing short of remarkable. For crypto enthusiasts and investors watching the market closely, this news signals a potential shift […]

Blockchain News

Urgent Thailand SEC Crackdown: OKX Faces Legal Storm for Unlicensed Crypto Exchange Operations

In a significant move signaling a tougher stance on cryptocurrency operations, Thailand’s Securities and Exchange Commission (SEC) has initiated legal proceedings against Aux Cayes FinTech, the company behind the popular crypto exchange OKX. The charges, unveiled in a recent report by Crowdfund Insider, allege that OKX operated as an unlicensed crypto exchange, a serious breach […]

Blockchain News

Unlocking Dubai: Bitpanda Secures Groundbreaking Crypto License for UAE Expansion

Exciting news for crypto enthusiasts in the UAE and beyond! Leading European cryptocurrency exchange Bitpanda has just announced a major milestone in its global expansion strategy. They’ve successfully secured a coveted broker-dealer license from Dubai’s Virtual Assets Regulatory Authority (VARA). This landmark achievement, first reported by Bitcoin.com News on X, signals Bitpanda’s ambitious move to […]

Blockchain News

Urgent Warning: Upbit and Bithumb Issue ‘Closely Monitored’ Alert for HIFI

In a concerning turn of events for Hifi Finance (HIFI), two of South Korea’s leading cryptocurrency exchanges, Upbit and Bithumb, have jointly announced that they are placing HIFI under close scrutiny. This significant decision, revealed on their official websites, has sent ripples through the crypto community, raising questions about the future trajectory of HIFI and […]

Ethereum News

Alarming Drop: Ethereum Exchange Withdrawals Plunge to 7-Month Low – A Sell Signal?

Are you holding Ethereum and wondering what the latest market movements mean for your investment? Recent data reveals a potentially alarming trend: Ethereum withdrawals from crypto exchanges have hit their lowest point in seven months. This significant drop, as reported by BeInCrypto and highlighted by Glassnode data, could be signaling a shift in market sentiment […]