South Korea Crypto Exchanges Upbit And Bithumb Probed Over Lawmaker’s Scandal

On Monday, a local news outlet reported that South Korea’s Upbit and Bithumb crypto exchanges are under investigation by the Seoul Southern District Prosecutors Office over suspicions concerning lawmaker Kim Nam-kuk’s digital assets. Officials said they are currently investigating whether Kim used insider information to acquire his massive digital assets worth around $4.5 million and …

Continue reading

Stablecoins Interest Spikes As Traders Look To Exit Market

Data shows there has been a large spike in interest around stablecoins recently, a sign that investors of Bitcoin and other assets may be looking to exit. Stablecoins Have Observed A Sharp Rise In Social Volume Recently According to data from the on-chain analytics firm Santiment, there has been a major uptick in the social …

Continue reading