South Korea’s exchange registration deadline set to wipe out $2.6B in assets
South Korea’s upcoming mandatory registration for crypto exchanges might potentially erase up to $2.6 billion worth of assets. A report unveiled this news on September 13, noting the Financial Services Commission (FSC), South Korea’s financial regulator, requires all exchanges operating in the country to register with it by September 24. Reportedly, the watchdog is enforcing […]
The NFT craze continues as a collection of carton apes nets $24M
Renowned auction house Sotheby’s completed the online sale of 101 non-fungible tokens (NFTs) from the Bored Ape Yacht Club collection yesterday. A report disclosed this news after the auction, noting that the collection, which features images of cartoon apes, fetched $24.4 million. This price exceeded Sotheby’s presale estimate of between $12 and $18 million, indicating […]
