🚀 Ouch - $50M in ETH Stolen From Upbit 💸 ~ CEOM Coin

quarta-feira, 27 de novembro de 2019

🚀 Ouch - $50M in ETH Stolen From Upbit 💸

Posted by Carlos Morato on 02:03

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☀️ Japanese Conglomerate Invests 7-Figure Sum into Securitize

Japanese conglomerate SBI Holdings has invested a seven-figure sum in Securitize, a provider of services for issuing digital securities.

The investment, announced Tuesday, comes just two months after Securitize announced it had raised a combined $14 million from Santander Bank and MUFG.

SBI Holdings CEO & president Yoshitaka Kitao said his company "strongly believes in the future of digital securities," citing Securitize as one "leading player in the industry."

CoinDesk

💸 342,000 ETH (~$50M) Hacked from Upbit 💸

Major South Korean cryptocurrency exchange Upbit has notified users of the theft of 342,000 Ether (ETH) from its hot wallet via a on-site notice.

Upbit CEO, Lee Seok-woo has pledged to cover losses (342,000 ETH) through corporate asset and have already moved crypto assets held in its hot wallet to cold storage.

Deposits and withdrawals will take at least two weeks to resume, with Lee Seok-woo promising to inform users as soon as they reopen.

CoinTelegraph

✨ South Korea Progresses Bill to Bring Regulatory Clarity

South Korea's National Assembly is progressing a bill that will provide a legal basis for cryptocurrencies in the country by categorizing virtual currencies as digital assets.

Under the bill, all crypto-related businesses in South Korea would be required to register with the Financial Services Commission's (FSC) Financial Intelligence Unit (FIU) and report to the authority.

If approved, the law would come into force in 2020.

CoinTelegraph