Japanese crypto exchange raises $320M to recover funds after major hack

Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said HTX will fully compensate users for any losses. 483 Total views 3 Total shares Data shared by blockchain security platform PeckShield shows that more than

The United States Bitcoin (BTC) derivatives market witnessed a slew of developments in 2019 as “old players” set trading volume records and “new players” introduced novel market products. After months of regulatory maneuvering, Bakkt finally launched and has gone on to post record Bitcoin futures trading volumes.Several platforms have also obtained Swap Execution Facility licenses from the U.S.…

CEO and co-founder of Goldman Sachs-backed crypto finance company Circle has said the biggest regulatory hurdle facing crypto today is the lack of clarity from the United States securities regulator over how to define various crypto assets.Jeremy Allaire made his remarks in an AMA reddit thread he initiated on Jan. 10 together with Circle co-founder…

A top executive at Switzerland's principal stock exchange, SIX Swiss Exchange, has revealed the company will look to issue its own digital tokens as part of its forthcoming blockchain-powered digital exchange. The development was reported by financial news outlet Finews on May 6.The SIX Swiss Exchange sees roughly 5.2 billion Swiss Francs (CHF) (~$5.1 billion)…

Cryptocurrency exchange OKEx announced in a press release shared with Cointelegraph on Oct. 3 the creation of a Self-Regulated Organization (SRO) aiming to standardize crypto exchange compliance practices and policies.A global self-regulatory crypto exchange bodyPer the release, OKEx is already engaging with other exchange and market participants to form their planned SRO. The organization in…

"Voters are less likely to support candidates perceived as standing in the way of a decentralized internet,” said Haun Ventures. 258 Total views 5 Total shares A poll of 800 likely midterm voters in four U.S. swing states suggested that the overwhelming majority favored ideas around decentralization, and many were HODLers.According to a Sept. 29…

CoinMarketCap has withdrawn BNB as the top DeFi token claiming it was a mistake. 434 Total views 5 Total shares CoinMarketCap listed its parent company’s token Binance Coin at the top of its new DeFi list — and then quickly withdrew it following a barrage of criticism.First noticed by podcaster and Twitter user Yannick Eckl…

The SEC is planning to file an “enforcement action” against Robinhood’s cryptocurrency business, according to the Wells notice.