Chainalysis expands presence in APAC in response to KuCoin hack
But it remains unclear where KuCoin is actually headquartered. Go to Source Powered by WPeMatico
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Kucoin Hacked for $150 Million in Bitcoin; Bitfinex and Tether Freeze $33 Million of the Stolen Funds
Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the amount stolen. “Bitcoin, ERC-20 and, other tokens in Kucoin’s hot wallets were transferred out of the exchange,” said Kucoin in an update on Saturday. Meanwhile, … Read more
From open arms to full bans: The latest on crypto regulation in Asia
A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation. Go to Source Powered by WPeMatico
Singapore man pleads guilty to stealing $360K in fake Bitcoin sale
The cases of the robber’s two accomplices are still pending. Go to Source Powered by WPeMatico
Singapore Exchange uses blockchain to issue $300m digital bond
DAML smart contract language is now used for digital bonds. Go to Source Powered by WPeMatico
Swiss crypto bank Sygnum scores approval for digital asset trading
The digital Swiss franc issuer is now licensed as a “digital asset trading facility.” Go to Source Powered by WPeMatico
Equilibrium Offers a Promotional Token Swap for Test-Driving Its DeFi Platform
The EOS-based DeFi project is using Polkadot technology to make it easier to recruit new users. Go to Source Powered by WPeMatico
Singapore: Code of Practice Offers Practical Guidance for Crypto License Applications
Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements. Go to Source Powered by WPeMatico
Huobi Meets ‘Loud and Clear’ Demand for Crypto Savings Accounts
Huobi makes a pitch to those who ”want to earn a good profit worry-free.” Go to Source Powered by WPeMatico
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears
Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. In a recent interview, Joshua Rotbart, head of Hong Kong-based … Read more