Tag: bitcoin mining companies

Michael Huynh is Chief Marketing Officer at Lumia, a blockchain built specifically for tokenized real-world assets. It aims to handle an asset’s whole lifecycle, from compliant issuance to on-chain liquidity. Michael has worked full-time in crypto marketing since 2017, with Polygon, Avalanche and a few hundred other projects. He also co-founded the DCENTRAL conference series,…

TL;DR: Polymarket says its October 29 incident involved a compromised monitoring script. Its October 30 update put total refunds at $3.9 million, including losses linked to the trading pause. Polymarket has published a more detailed account of the third-party compromise that disrupted its international platform on October 29. The update shifts the focus from whether…

TL;DR: KuCoin says it is discontinuing all services for users in Russia and Belarus. Affected accounts will receive their own deadlines for closing positions and withdrawing assets. KuCoin has announced an immediate end to services for users in Russia and Belarus, while saying it will provide an orderly process for affected customers to close positions…

TL;DR: The FCA says HTX is no longer active in the UK following a settlement over financial promotions. The agreement does not constitute an admission of wrongdoing. The Financial Conduct Authority says HTX has ceased UK activity after a settlement in litigation over cryptoasset promotions. The October 29 announcement describes restrictions on attracting new UK…

TL;DR: The SEC alleges BG Wealth and DSJ Exchange raised more than $130 million using false filings and trading claims. The civil complaint is an allegation, not a final judgment. The US Securities and Exchange Commission has brought a civil case against BG Wealth Sharing and DSJ Exchange, alleging that the businesses used official-looking filings…