crypto

The executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors. According to a report from CBNN Korea on Friday, the Prosecutors’ Office of the southern district of Seoul has indicted three senior staff members, including founder Song Chi-Hyung, on charges of fraud. TheRead More →

crypto

Global crypto exchange king Binance and the controversial Bitfinex are the only two exchanges in the top 25 not wash trading their Bitcoin trading volumes. This is according to a report by the Blockchain Transparency Institute. The report unearthed massive volume manipulation and misrepresentation on major exchanges including OKEx, CoinBene, HitBTC, Huobi and Bithumb.Read More →

kraken

US Regulator Calls Out Leading Cryptocurrency Exchanges On Tuesday, as relayed by Bloomberg, Barbara Underwood, New York State’s Attorney General, unexpectedly released a report that highlighted her office’s thoughts on cryptocurrency exchanges. According to the well-established regulator, a minimum of three cryptocurrency exchanges can be facilitating operations that would be classified as illegalRead More →

tether

Nearly six months after parting ways with its auditor, Tether has produced a third-party report claiming that its cryptocurrency is fully backed by U.S. dollars – with some major caveats. The state of Tether’s reserves has been the subject of controversy for months, with online critics claiming the company has been issuing more tokensRead More →