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Zaif Licensed Crypto Exchange, Plans Compensation after 6,000 Bitcoins, $60 Million Crypto Theft

According to Nikkei, the operator did not detect the hack until September 17, suspending deposits and withdrawal services upon discovery. Tech Bureau approached the Financial Services Agency (FSA), Japan financial regulator, to report the breach with an investigation currently underway. In the second major hack of a Japanese cryptocurrency exchange …

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Upbit Crypto Exchange Operator to Open Singapore-Based Crypto Exchange Next Month

Upbit is currently South Korea’s second largest crypto exchange, the major South Korean cryptocurrency exchange Upbit will reportedly begin operations in Singapore next month. The new exchange will offer Singapore dollar trading as well as crypto-to-crypto pairs in three markets offered by Bittrex, Upbit’s US-based partner. Upbit 24-hour trading volume …

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