Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade
The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets. Go to Source Powered by WPeMatico
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The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets. Go to Source Powered by WPeMatico
The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first. Go to Source Powered by WPeMatico
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit, and Copax and others on Wednesda Go to Source Powered by WPeMatico
Dunamu would open offices in major cities and create about 500 new startups focused on NFTs and the Metaverse. Go to Source Powered by WPeMatico
An advisory notice from the United States Office of Government Ethics intends to leave the hodlers out of decision-making on crypto. Go to Source Powered by WPeMatico
The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to be considered. The first batch of … Read more
In 2020, the company also launched a wallet for blockchain-powered digital certificate storage aimed at addressing certifications amid the COVID-19 pandemic. Go to Source Powered by WPeMatico
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). U.S. and South Korea to Share Data on Crypto Investigations South Korea’s Justice Minister Han Dong-hoon met with U.S. … Read more
The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra Luna. Go to Source Powered by WPeMatico
The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange the transition of some of its departments to the virtual world, per statements made at a metaverse event by Sharad Agarwal, chief metaverse officer of … Read more