Upbit

The leading South Korean bitcoin exchange Upbit has announced the delisting of six cryptocurrency users focused on anonymity. These included Monero (XMR), DASH, ZCash (ZEC), Haven (XHV), BitTube (TUBE) and PIVX. According to a message on the platform’s website, support for these cryptocurrencies will be discontinued from Monday, September 30. Until this date, the exchange will cease to accept deposits in these assets, all will be canceled […]

Thailand's leading cryptocurrency exchange Bitcoin Co. Ltd. (BX.in.th) announced that it will cease all operations on September 30th. Users must withdraw all funds by November 1. We will be halting all trading on September 30th 2019, please read the details here: https://t.co/R2PzRoHxeD – Bitcoin Co. Ltd. (@BitcoinThai) September 1, 2019 So, the exchange is not going to renew the license […]

Researchers at the analytic firm Elementus concluded that the funds raised by PlusToken went mostly to the Huobi Singapore exchange. According to analysts, almost 50% of PlusToken’s funds came to this exchange: As can be seen from the table, in somewhat smaller amounts, funds went to other Asian sites – ZB.com, Upbit, OKEx and Gate.io. According to representatives of Elementus, […]

Leading South Korean cryptocurrency exchanges faced stricter requirements from local banks due to the new rules from the Financial Action Task Force on Money Laundering (FATF). Reported by The Block. In particular, from four cryptobirds – Bithumb, Upbit, Coinone and Korbit – they demanded the introduction of enhanced measures to counter money laundering in order to extend the validity of bank accounts […]

In accordance with the regulator’s requirement, South Korean cryptobirds will indemnify users in the event of hacking or other failures in their systems. This is reported by the local edition of Yonhap News. Thus, the Commission on Fair Trade has obliged five local cryptocurrency exchanges, among which Bithumb, hacked in the spring, to make changes to the rules for providing services. According to the new regulatory standards, the platform […]

North Korea uses cyber attacks to circumvent international sanctions. This statement was made by Deputy Assistant Director of the FBI for cybersecurity, information technology and intelligence Tonya Ugoretts at a conference from the Aspen Institute, reports The Korea Herald. In particular, Ugoretz stressed that North Korean hackers hacked Sony Pictures Entertainment systems in 2014, robbed Bangladesh Bank in 2016, and […]