Tag: Crypto

TL;DR: Two open XRP Ledger proposals address authorization checks for liquidity-pool tokens and existing trust-line balances. The changes remain under review and are not active network rules. XRP Ledger developers are reviewing targeted changes to the way issued-token permissions are checked in payment and liquidity-pool operations. The current public code record shows two relevant open…

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TL;DR: The FCA says HTX is no longer active in the UK following a settlement over financial promotions.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…