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“# Claims process begins for creditors of liquidated crypto exchange Cryptopia ” The liquidator of now-defunct cryptocurrency exchange Cryptopia has launched the claims process to reimburse creditors following a 2019 hack. Professional services firm Grant Thornton, Cryptopia’s assigned liquidator, officially announced on Dec. 9 that creditors can now start the claims process on the Cryptopia…
“# Execs from ‘99% fake’ exchange face charges over market manipulation ” South Korean authorities have charged executives of what was once the country’s third-largest cryptocurrency exchange, Coinbit, over market manipulation allegations. According to news outlet News1, prosecutors are preparing a case against Coinbit chairman Choi Mo and two unnamed executives on charges of fraud…
“# Bitcoin price ‘bearish alert’ as 140K BTC from Mt. Gox may move for the first time ” Bitcoin (BTC) may see a fresh “bearish signal” in the coming days as the Mt. Gox saga enters its final and possibly expensive phase. As noted by on-chain analytics resource CryptoQuant on Dec. 8, defunct exchange Mt….
“# Key Bitcoin futures metrics show traders are bullish despite flat BTC price ” Apart from a brief $18,100 test on Dec. 1, Bitcoin (BTC) markets remained relatively calm over the week. This suggests that investors are beginning to realize that a more extended period of consolidation could be possible after a 77% hike since…
“# 3 key metrics to watch as Bitcoin price tries to top $20,000 ” For the past week, Bitcoin (BTC) price has been flirting with the $20,000 mark, which has led some traders to lose their patience. In the eyes of some traders, the lack of bullish momentum is problematic, especially considering that BTC tested…
“# Analysts say surging Bitcoin whale inflows heighten chance of BTC correction ” Since hitting a new all-time high, Bitcoin (BTC) price has been unable to flip the $19,400 level to support. This is likely due to the possibility that whales are selling aggressively in the $19,400 to $19,600 range to prevent the all-time high…
“# BTC Markets privacy breach exposes all customers to potential phishing attacks ” Major Australian cryptocurrency exchange BTC Markets accidentally exposed the full name and email addresses of all of its customers in a marketing email sent to each affected individual on Dec. 1. The emails were sent in batches of 1,000, meaning that each…
“# Ten crypto leaders are in the new Forbes 30 Under 30 list ” Ten of the youthful business leaders featured in this year’s Forbes’ 30 Under 30 list work in blockchain and cryptocurrency, highlighting increasing acceptance of the industry from the mainstream media. Despite its name, the list actually highlights 600 young people across…
“# Crypto.com secures an Australian Financial Service License ” Crypto exchange and debit card provider Crypto.com has completed the acquisition of an Australian financial services company in order to secure an Australian Financial Service License, or ASFL. The acquired firm, named The Card Group Pty Ltd, has been described as specializing in “prepaid card, mobile, and…
“# Beyond BitMEX: CFTC set a new record for lawsuits in crypto this year ” The Commodity Futures Trading Commission, or CFTC, is having a banner year in crypto enforcement. Per the commission’s annual review released on Tuesday, fiscal year 2020 featured seven monetary relief actions against firms engaged in illegal activity in crypto, which…