Bakkt Allowed to Raise $150M
Bakkt, a cryptocurrency company struggling financially, has announced that it has received regulatory approval to raise up to $150 million through the sale of its securities.
Read More
Crypto Crimes Rose 49% in South Korea Last Year
According to a report released on Wednesday by the Financial Intelligence Unit, the number of reported suspicious transactions from cryptocurrency service providers in South Korea grew by 48.8% in 2023 compared to 2022.
Read More
Crypto Funds Inflows Reach $1.1 Billion in a Week
According to a report by CoinShares, between February 3 and February 9, there was a total inflow of $1.1 billion into various cryptocurrency investment products.
Read More
Thailand Exempts Crypto from VAT
Thailand’s Ministry of Finance has declared the exemption of cryptocurrency trading from value added tax (VAT).
Read More
Hackers Steal $39M from Decentralized Finance Projects
In January 2024, a total of $126 million in digital currencies was stolen by cybercriminals and fraudsters.
Read More
DZ Bank to Allow its Clients Invest in Crypto
DZ Bank includes over 700 banks within its structure, and they will soon begin testing the platform with oversight from the central office.
Read More
PeckShield: Damage to Crypto Industry from Hacks in 2023 Amounts to $2.61B
In 2023, the cryptocurrency industry lost $2.61 billion due to hacker attacks and fraud, according to a report from PeckShield.
Read More
Abra Settles Agreement to Return Money to Customers
Abra, a crypto lending company that has allegedly been insolvent since March 2023, has reached a settlement in principle with the Texas State Securities Board (TSSB).
Read More