Telegram Offers to Postpone Launch of the TON Network

Telegram Offers to Postpone the Launch of the TON NetworkTelegram, which was surprised with a last minute restraining order on the sale of its tokens in the U.S., is now ready to delay the launch of the TON network until the spring of next year. The company has informed the New York court reviewing the case that it can suspend all operations with grams […]

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Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages

Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking DamagesA major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Introducing Hacking Insurance A […]

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Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies

Crypto Exchange Coinrail Reopens with Offers to Recover 11 CryptocurrenciesSouth Korean exchange Coinrail has resumed service after it was hacked last month. The exchange has offered users some options to recover their cryptocurrencies. Eleven cryptos were stolen, some of which have been fully recovered and are now available for trading and withdrawals. However, some coins were not recovered. Also read: Yahoo! Japan Confirms Entrance Into […]

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Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid Controversies

Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid ControversiesSouth Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Service Could Resume Around July 15 South Korea’s seventh largest crypto […]

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Ukraine to Compensate a Citizen in Bitcoin – for ”Moral Damages”

Ukraine to Pay a Citizen in Bitcoin - for ”Moral Damages”A district court in Kiev Oblast has accepted a lawsuit which is setting a precedent in Ukraine. The plaintiff seeks compensation in bitcoin for “moral damages” caused by law enforcement officials. A preliminary hearing has been scheduled after the presiding judge found no legal grounds to reject the claim. Also read: Lawsuit Challenges Google’s Ban […]

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Hacked Japanese Exchange Considers Capital Tie-Up to Regain Public Trust

Hacked Japanese Exchange Considers Capital Tie-Up to Regain Public TrustJapanese cryptocurrency exchange Coincheck is reportedly considering a capital tie-up in order to regain the trust of crypto investors, following a recent hack where 58 billion yen worth of cryptocurrency was lost. As multiple victim groups are preparing to sue the exchange, the Tokyo police is also stepping up its investigations. Also read: Indians Look to […]

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Huobi CEO Announces 100 Million RMB to Compensate WAX Investors

Huobi CEO Announces 100 Million RMB to Compensate WAX InvestorsHuobi CEO Li Lin said on Tuesday that he will use 100 million CNY to compensate users for their investment losses in the WAX project.  Also Read: Several Bitcoin Exchanges Are Closing Their Doors to New Traders A Pump-and-Dump Incident Huobi.pro launched an ICO token, WAX, on December 20. The opening price of the token was […]

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