Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.
18 Sep 2023 1 minute read 2 comments Yugocean
Japanese Crypto exchange JPEX is on the verge of closure, with the platform blaming the Hong Kong authorities and third party, while the authorities claim it is a rugpull. Reasons to consider JPEX a scam Hong Kong's Futures and Exchange...
17 Sep 2023 1 minute read 3 comments Yugocean
Recently, Metamask and Exodus wallet hack incidents have rocked the crypto world, so secure wallet custody is more in question now. Hack Incidents Metamask Incident: Billionaire Mark Cuban claimed that his tokens worth $870k were hacked f...
16 Sep 2023 1 minute read 3 comments Yugocean
The SEC accuses Binance US of using its unregistered custody arm, Ceffu, to move assets overseas; this has hit Binance hard this time. Question on Ceffu and Custody Ceffu is a custody and liquidity subsidiary of an EU-registered entity,...
14 Sep 2023 1 minute read 2 comments Yugocean
The SBF trail will begin in October, before which FTX has received permission from the US Court to liquidate a large stock of its crypto treasury. FTX will liquidate a large part of its treasury FTX updated its Chapter 11 filing to includ...
13 Sep 2023 1 minute read 1 comment Yugocean
The hacking of the CoinEx exchange has created a stir in the crypto world; reportedly, this hack cost CoinEx more than $20 million in tokens. CoinEx confirms and responds to the hack The CoinEx exchange has confirmed the hack, but to prev...
12 Sep 2023 1 minute read 0 comments Yugocean
Coinbase is packing from India; the company has stopped registration of new members and told old members to withdraw their assets by September 25. Coinbase is not strong in India Coinbase has not been able to gain a hold in the Indian mar...
11 Sep 2023 1 minute read 0 comments Yugocean
Global economic powers at the G20 summit are considering bringing a global crypto framework by 2027. The what, which, and when are answered, but not the how. A Consensus Announcement to Tax Crypto G20 leaders made a consensus announcement...
10 Sep 2023 1 minute read 2 comments Yugocean
Ripple has acquired Fortress Trust, which is a Nevada-based crypto and Web3-focused chartered trust company, Acquisition is Good For Ripple Fortress Trust provides financial and regulatory structure for blockchain companies. It holds a li...
9 Sep 2023 1 minute read 5 comments Yugocean
The crypto sector's recent Victories in the SEC lawsuits has breathed new life into the defunct blockchain-based file-sharing and payments network LBRY. SEC Lawsuit against LBRY The SEC charged LBRY, Inc. in March 2021. The company was sue...
8 Sep 2023 1 minute read 1 comment Yugocean
Bimance has decided to pay back the victims of the XIRTAM scam project. This is good news for those who invested in the token sale, but other investors will have to wait. The XIRTAM Scam Fund In early May 2023, a scam project called "XIRT...
