In a recent development, Seychelles-based firm OKX, one of the largest cryptocurrency exchanges in the world, has announced the shutdown of its services in India. According to recent reports, the decision comes in response to regulatory hurdles faced by the exchange in the country. Users were notified of the closure through a notice sent on […]
Singapore’s meticulously crafted reputation as a bastion of financial stability is taking a fascinating turn. The island nation, long known for its conservative approach, is emerging as a surprising champion for regulated cryptocurrency activity. The latest entrant to this burgeoning scene? Global crypto exchange OKX, which just scored a coveted in-principle approval for a Major […]
OKX, a major player in the global crypto trading market, is currently facing scrutiny in South Korea. The Digital Asset Exchange Alliance (DAXA), which includes South Korea’s leading 5 crypto exchanges – Upbit, Bithumb, Korbit, Coinone, and Gopax, has formally complained to OKX with local regulatory bodies. The complaint alleges that OKX has engaged in […]
Cybersecurity firm SlowMist reported on a new vector targeting crypto and Web3 users. This scam, which led to the theft of funds from an unsuspecting victim who downloaded the app from the internet, highlights the growing sophistication of cybercriminals targeting not just wallets and exchanges but also widely used social media apps. SlowMist Uncovers Sophisticated […]