South Korean financial authorities order Paycoin to shut down related services by February 5
According to News1, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission stated that it does not accept the virtual asset operator change report of Pay Protocol, the issuer of the virtual currency payment platform Paycoin, and believes that Pay Protocol does not meet the reporting requirements stipulated in the Specific Financial Information Act. The financial authorities ordered Paycoin to close related services before February 5th. Paycoin's position ...
South Korean financial authorities order Paycoin to shut down related services by February 5
According to News1, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission stated that it does not accept the virtual asset operator change report of Pay Protocol, the issuer of the virtual currency payment platform Paycoin, and believes that Pay Protocol does not meet the reporting requirements stipulated in the Specific Financial Information Act. The financial authorities ordered Paycoin to close related services before February 5th. Paycoin's position ...
Raydium has launched a compensation page, and individual LPs who suffer losses can make claims
According to the official Twitter, Solana ecological DEX Raydium announced the launch of the compensation page, and personal LPs that suffered losses in the hacking incident in December last year can now make claims. This page will be open for 2 months. This is the first phase of Raydium's compensation plan, which does not include compensation for third-party agreements and strategy vaults. Information about the second phase of the compensation plan will be released in the coming days. P...
Raydium has launched a compensation page, and individual LPs who suffer losses can make claims
According to the official Twitter, Solana ecological DEX Raydium announced the launch of the compensation page, and personal LPs that suffered losses in the hacking incident in December last year can now make claims. This page will be open for 2 months. This is the first phase of Raydium's compensation plan, which does not include compensation for third-party agreements and strategy vaults. Information about the second phase of the compensation plan will be released in the coming days. P...
Alameda Joins Opposition to Binance.US Acquisition of Voyager Digital Assets
Alameda Research also opposed Binance.US’ plan to acquire Voyager Digital’s assets, according to a court filing, CoinDesk reported. The filing by Andrew G. Dietderich of law firm Sullivan & Cromwell, which represents FTX Group, says Alameda is Voyager's majority shareholder. According to the filing, Alameda provided $200 million and 15,000 BTC to the embattled Voyager under a rescue plan drawn up in June, with $75 million in stablecoins still outstanding as of the bankruptcy date. Court ...
Alameda Joins Opposition to Binance.US Acquisition of Voyager Digital Assets
Alameda Research also opposed Binance.US’ plan to acquire Voyager Digital’s assets, according to a court filing, CoinDesk reported. The filing by Andrew G. Dietderich of law firm Sullivan & Cromwell, which represents FTX Group, says Alameda is Voyager's majority shareholder. According to the filing, Alameda provided $200 million and 15,000 BTC to the embattled Voyager under a rescue plan drawn up in June, with $75 million in stablecoins still outstanding as of the bankruptcy date. Court ...
The stock price of the encrypted bank Silvergate has fallen below the issue price of $12, a drop of more than 45% today
The US stock market shows that the stock price of the encryption-friendly bank Silvergate Capital Corp (SI) has fallen by more than 45% today, and is now around $11.8, which is lower than the issue price of $12 per share when it went public in November 2019. Its stock price peaked at $239 per share in November 2021. Preliminary results for the fourth quarter, released earlier today, showed that the company's total customer deposits fell from $11.9 billion to $3.8 billion and that it cut ...
The stock price of the encrypted bank Silvergate has fallen below the issue price of $12, a drop of more than 45% today
The US stock market shows that the stock price of the encryption-friendly bank Silvergate Capital Corp (SI) has fallen by more than 45% today, and is now around $11.8, which is lower than the issue price of $12 per share when it went public in November 2019. Its stock price peaked at $239 per share in November 2021. Preliminary results for the fourth quarter, released earlier today, showed that the company's total customer deposits fell from $11.9 billion to $3.8 billion and that it cut ...
ECB is setting up a digital euro plan rulebook development group
The ECB is establishing a rulebook development group for its digital euro scheme. This will be made up of market representatives and Eurosystem staff with relevant experience. The rulebook development group will work on the design decisions taken by the Council on the digital euro scheme. The Digital Euro initiative, the Rulebook Development Group, is scheduled to start work in February 2023. In December, the ECB appointed Christian Schäfer to manage the digital euro rulebook. As chair of the...
ECB is setting up a digital euro plan rulebook development group
The ECB is establishing a rulebook development group for its digital euro scheme. This will be made up of market representatives and Eurosystem staff with relevant experience. The rulebook development group will work on the design decisions taken by the Council on the digital euro scheme. The Digital Euro initiative, the Rulebook Development Group, is scheduled to start work in February 2023. In December, the ECB appointed Christian Schäfer to manage the digital euro rulebook. As chair of the...
