Leading South Korean crypto exchanges Upbit and Bithumb have halted deposits for Synthetix (SNX) tokens due to concerns raised by DAXA regarding the sUSD stablecoin’s depeg. This article provides a detailed analysis of the situation, potential implications, and Synthetix’s response.
Author: Bruno
Revolut Achieves $1.3B Profit Surge: User Growth, Crypto Boom & UK Banking License
Revolut’s profits doubled to $1.3 billion in 2024, fueled by a surge in crypto trading and significant user base expansion. The company also secured a long-awaited UK banking license, paving the way for new lending services.
KiloEx Compensates Users After $7.5M Hack: Full Details and Analysis
Decentralized exchange KiloEx to compensate users affected by a $7.5 million exploit, detailing compensation plans for traders and stakers. Learn about the exploit, compensation details, and future security measures.
BlackRock’s IBIT Wins ‘Best New ETF’ Amidst Record Bitcoin ETF Inflows: A Comprehensive Overview
BlackRock’s IBIT Bitcoin ETF has been awarded ‘Best New ETF’ by etf.com, coinciding with a surge in inflows. This article delves into the details of the award, the ETF’s performance, and the broader implications for the Bitcoin market.
Russia to Launch Crypto Exchange for Qualified Investors: A Comprehensive Overview
Russia’s central bank and finance ministry are developing a crypto exchange specifically for ‘super-qualified investors’. This initiative aims to legalize crypto assets and bring crypto operations out of the shadows under an experimental legal regime. Learn about the requirements for investors and the broader implications for crypto in Russia.