South Korea expands crypto market probes after Bithumb Bitcoin blunder
South Korea’s financial watchdog detailed planned investigations into high-risk trading tactics as it prepares the next phase of crypto regulation, Yonhap News Agency reported.
Jack Dorsey’s Block may cut up to 10% of staff in business overhaul: Report
Analysts forecast Block to post $403 million in Q4 profit on $6.25 billion revenue, following a third quarter marked by strong gross profit growth but mixed market reaction.
Bitcoin under $70K gives institutions a ‘new crack of the apple’: Bitwise CEO
Bitcoin is in a bear market and is “getting swept up” with the rest of the macro assets, Bitwise CEO Hunter Horsley declared during a television interview.
Bithumb claws back 99.7% of overpaid Bitcoin, covers remaining shortfall
Bithumb says it has reclaimed most of the excess BTC credited during a promotional error and used company funds to cover 1,788 Bitcoin that had already been sold.