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JPEX: The Ongoing Investigation and Its Impact on Cryptocurrency Trading in Hong Kong

JPEX: The Ongoing Investigation and Its Impact on Cryptocurrency Trading in Hong Kong

The world of cryptocurrencies is no stranger to controversy, and a fresh chapter unfolds with the recent suspension of "Earn Trading" on JPEX, a major cryptocurrency platform based in Hong Kong. Here's what Americans need to know about this developing situation. Suspension of Earn Trading JPEX, a prominent cryptocurrency platform

Inside Binance's User-Centric Culture: Prioritizing Customer Service and Compliance.

Inside Binance's User-Centric Culture: Prioritizing Customer Service and Compliance.

The digital currency arena has always been one of innovation and rapid change. Amidst the decentralized landscape, Binance, one of the world's leading cryptocurrency exchanges, has managed to make a name for itself not only due to its extensive trading options but also because of its relentless commitment to its

Stroom Network

Stroom Network

Ukrainian team of Stroom Network project has raised $3.5m in investments Ukrainian startup Stroom Network has closed a $3.5 million seed round led by investment firm Greenfield. This was announced by the project team to Incrypted. Also participating in the round were Mission Street, Ankr Venture Division, Lemniscap,

DropBox VS Cryptominers

DropBox VS Cryptominers

Just recently, Dropbox has announced its decision to discontinue its unlimited storage policy on the Dropbox Advanced plan. The decision came after the company noticed a surge in users exploiting the service for cryptocurrency mining purposes and for reselling the storage space to other users. The unlimited storage offering had

Bitcoin To Touch $5,000,000 by 2050 - AI Predicts

Bitcoin To Touch $5,000,000 by 2050 - AI Predicts

When you're looking at Bitcoin's potential future value, the span from $20,000 to a staggering $5 million is bound to raise eyebrows. Yet, this was the prediction range that emerged from a unique interaction between a noted cryptocurrency analyst and an AI model. The Bitcoin Therapist, a prominent figure

Binance

Binance

Binance announced that its Polish unit will serve customers from Belgium. This will be done to comply with regulatory obligations. Earlier, the Belgian regulator ordered Binance to stop providing crypto services in the country.

Blockchains

Blockchains

USDC to launch on six new blockchains Circle reported that the USDC steiblcoin will launch on 6 new blockchains - Base, Cosmos (via Noble), NEAR, Optimism and Polkadot and Polygon PoS. In the first five networks on the list, the steiblcoin will launch in September and in Polygon PoS in

Is bitcoin dead?

Is bitcoin dead?

IntroductionBitcoin is a decentralized digital currency that has emerged as a disruptive innovation in the financial and technological worlds in recent years. The potential for this cryptocurrency, which has been called "digital gold," to disrupt established monetary institutions and play a pivotal role in the economy has garnered worldwide interest.

A trader lost over $760,000 on the sale of NFT from the BAYC collection

A trader lost over $760,000 on the sale of NFT from the BAYC collection

Token #8585 from the BAYC collection was sold for 153 ETH (about $255,000) on the X2Y2 platform. In October 2022, the value of this NFT was 777 ETH ($1.02 million). Thus the former owner lost more than $760,000. In less than a year, the asset's price dropped

Media learnt that China remains Binance's main market

Media learnt that China remains Binance's main market

China remains Binance's main market, with a 13.4 per cent share of total trading volume. There are about 911,000 active users of the exchange in China. In May 2023, Binance's trading volume in this market exceeded $90bn with a total of $670bn.