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290,000 S Korean Public Sector Employees Forced to Declare Crypto Holdings


Source: promesaartstudio/Adobe Around 290,000 South Korean public sector workers will be forced to declare their crypto holdings starting from February. Per Maeil Kyungjae, the Ministry of Personnel Management has declared that the rule will also apply to employees’ spouses and next of kin....

2024 Is Starting Out With An Avalanche Of Video Games


2023 was a messy and horrible year that, despite itself, gave us some excellent games. You could even argue that this year gave us too many games! If you were looking for a break to catch up on what you missed, well, next year doesn’t seem to be offering much of a reprieve—at least not at...

Paxos Expands to Solana Following NYDFS Nod, Widening Stablecoin’s Horizon


The tokenization and stablecoin platform Paxos has revealed plans to broaden its stablecoin issuance to the Solana blockchain. The company, which oversees the pax dollar (USDP), anticipates that Solana-issued USDP will be publicly available starting Jan. 17, 2024. Paxos Set to Launch Stablecoin...

China’s Current Economic Challenges Echo Japan’s Past Economic Struggles


Experts highlight the critical need for China to learn from Japan’s prolonged economic stagnation, emphasizing the urgency to transition from manufacturing and investment reliance to boosting domestic consumption. Similarities to Japan’s Lost Decades in China’s Current Economic Slowdown...

Google Says It Has Updated Policy Relating Crypto Coin Trusts Adverts


Starting on Jan. 29, advertisers of cryptocurrency coin trusts targeting the U.S. market will have to meet certain requirements before promoting these on Google. According to the internet giant, violation of this new policy will not result in the immediate suspension of advertisers’ respective...

Jito Launches Airdrop of $225 Million in Tokens to Solana Community


Source: screenshot from Jito.Network Solana-based decentralized finance (DeFi) platform Jito has launched its much-anticipated airdrop, distributing approximately $225 million worth of tokens to Solana users globally. The airdrop, which commenced on Thursday this week at 11 am EST (4 pm UTC)...

US Financial Services Platform Sofi Announces Exit From Crypto Market


Starting Dec. 19, the financial services platform Sofi will stop offering crypto services to its customers. Sofi said banking regulators’ increased scrutiny of the crypto sector compelled it to make this decision. The company has outlined the steps that must be taken by customers who...

Defunct Celsius Opens Withdrawal Access for Eligible Cryptocurrency Holders


Source: AdobeStock Bankrupt cryptocurrency lender Celsius has opened withdrawals for eligible custody customers starting November 29, according to a statement on X (formerly Twitter). Beginning today, additional withdrawals for Eligible Custody Users are now available. Please note that the only...

Poloniex to Resume Withdrawals Starting With TRX After $100M Hack


Poloniex is resuming operations following a recent hack of exchange hot wallets. Image by Rafael Henrique, Adobe Stock. Cryptocurrency exchange Poloniex announced today that it will begin gradually resuming withdrawal and deposit services starting November 30. This comes after the platform suffered...

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