Crucial South Korea Crypto Regulation Targets Nonprofits and Exchanges
Blockchain News

Crucial South Korea Crypto Regulation Targets Nonprofits and Exchanges

Attention cryptocurrency market participants! Significant changes are coming to the way digital asset transactions are handled in South Korea. Starting in June, the nation’s top financial regulator is implementing stricter rules designed to enhance transparency and combat illicit activities within the digital asset space. This move specifically targets transactions involving nonprofit organizations and crypto exchanges, […]

UK Crypto Legislation: Major Draft Unveiled for Exchanges and Stablecoins
Blockchain News

UK Crypto Legislation: Major Draft Unveiled for Exchanges and Stablecoins

The United Kingdom is taking a major step towards bringing the burgeoning cryptocurrency sector under a formal regulatory umbrella. The government has published a draft of its ambitious UK crypto legislation, signaling a clear intent to establish comprehensive rules for digital assets. Understanding the UK Crypto Legislation Draft This significant draft legislation aims to create […]

Bitcoin Deposit: Massive 560 BTC Transfer from Lorenzo Protocol Sparks Speculation
Bitcoin News

Bitcoin Deposit: Massive 560 BTC Transfer from Lorenzo Protocol Sparks Speculation

A significant movement of Bitcoin (BTC) has caught the attention of on-chain analysts. Specifically, a large Bitcoin deposit totaling 560 BTC was recently sent to major cryptocurrency exchanges, raising questions about potential market impact. Decoding the Bitcoin Deposit: Where Did It Go? According to insights shared by on-chain analyst @ai_9684xtpa on X, an address identified […]

Urgent Warning: ZKsync (ZK) Flagged as Closely Monitored Asset by South Korean Crypto Exchanges
Blockchain News

Urgent Warning: ZKsync (ZK) Flagged as Closely Monitored Asset by South Korean Crypto Exchanges

Breaking news for ZKsync (ZK) holders! Major South Korean crypto exchanges, Bithumb and Coinone, have just announced a significant update that could impact your investments. In a move that has sent ripples through the crypto community, both exchanges have designated ZKsync (ZK) as a ‘closely monitored asset.’ This decision, stemming from the Digital Asset eXchange […]

Urgent AWS Fix: Asia-Pacific Connectivity Restored for Crypto Exchanges
Blockchain News

Urgent AWS Fix: Asia-Pacific Connectivity Restored for Crypto Exchanges

In a significant development for the cryptocurrency world, Amazon Web Services (AWS) has announced the complete resolution of recent connectivity issues that plagued some of its Asia-Pacific regions. This news comes as a welcome relief to numerous cryptocurrency exchanges, including industry giants like Binance and KuCoin, who had earlier reported temporary network disruptions linked to […]