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Crypto Yield Firm Haru Invest Sacks 100+ Employees Following Withdrawal Halt


Haru Invest, a struggling South Korean crypto yield platform, has reportedly terminated contracts for over 100 employees. "After much consideration, it comes with a heavy heart to inform you that we will be minimizing the operations of Haru Invest and its affiliated companies to prevent further...

Binance.US to suspend USD deposit and halt fiat withdrawals


Binance.US has announced that it will suspend the deposit of the US Dollar, and its banking partners will halt the withdrawal of fiat currency from the platform. This is tentatively expected to go into effect on June 13, 2023. Users of Binance.US are recommended to take appropriate actions before...

Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident 


Bkex, a crypto exchange based in the British Virgin Islands, has suspended withdrawals due to an allegation that a user’s “funds were involved in money laundering.” In order to assist law enforcement with their investigation and gather evidence, Bkex said it has decided to halt...

Dash Blockchain Halts After Upgrade Attempt, Possible Fork Detected


Multiple sources have reported that the Dash blockchain came to a standstill at block height 1,874,879 following an attempted upgrade to version 19 by the developers. As of now, data indicates that the most recent block verified on the network was over 16 hours ago. Dash Network Upgrade Fails...

Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies


On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (MiCA). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their customers in order...

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