South Korea proposes stricter screening of crypto executives

[ad_1] The South Korean Financial Services Commission (FSC) has announced significant legislative amendments aimed at tightening regulations surrounding virtual asset business operators, specifically focusing on the accountability and duties of crypto executives. The partial amendment to the Enforcement Decree of the Act on Reporting and Use of Specific Financial Transaction Information, under Finance Commission Notice No. … Read more

Bitcoin options show long-term bullishness and near-term pessimism

[ad_1] Bitcoin options data, particularly open interest and strike prices, is crucial for understanding the market’s expectations for future price movements. Options are financial derivatives that give the buyer the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset at a predetermined price (strike price) on or before … Read more

transactions – I sent bitcoins from one wallet to another. Next day, the receiving wallet shows balance 0

[ad_1] If the “crypto app wallet” is the crypto.com app, that appears to be a “custodial account”, not a normal non-custodial wallet. In that case it might be just crypto.com consolidating funds. You should contact their customer support about your account balance. If the “crypto app wallet” is the crypto.com wallet, that appears to be … Read more

eth2 quick update no. 13

[ad_1] Testnets, testnets, testnets! tl;dr Medalla testnet Following the excellent stability of Altona and based on conversations with eth2 client teams, Medalla – the next multi-client testnet – will have a MIN_GENESIS_TIME of 1596546000 (or for those of you that don’t think in unix time — August 4th, 2020, 1pm UTC)! This is a major … Read more

HaruInvest executives arrested in Korea after algo trading promised ‘zero’ drawdown

[ad_1] Prosecutors in South Korea have reportedly arrested three top executives of HaruInvest, a crypto deposit platform, for allegedly defrauding customers and embezzling over 1 trillion won in coins, according to Yonhap News. Just a day after a statement promising stricter screening of crypto executives was issued, the Seoul Southern District Prosecutors’ Office’s Joint Investigation … Read more