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South Korean Authorities Ask Exchanges to Block LFG From Withdrawing Funds: Report

South Korean police are reportedly looking to freeze assets associated with the non-profit organization Luna Foundation Guard (LFG) following the eventful collapse of Terra (LUNA). According to South Korea’s national…

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Investors Shouldn’t Abandon Crypto Because of Terra’s Collapse, Says IMF’s Managing Director

According to Kristalina Georgieva – the Managing Director of the International Monetary Fund (IMF) – the recent fiasco with LUNA and UST should not become a reason for people to…

Continue ReadingInvestors Shouldn’t Abandon Crypto Because of Terra’s Collapse, Says IMF’s Managing Director

South Korean Crypto Exchanges Issue Investment Warnings After Litecoin’s MWEB Update

Two leading South Korean cryptocurrency exchanges, UpBit and Bithumb, have issued a warning for Litecoin after the activation of MimbleWimble Extension Blocks (MWEB). Growing Concerns UpBit revealed terminating “transaction support…

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ECB: High Correlation Casts Doubt Over Crypto’s Usefulness in Portfolio Diversification

Amid fears of recession and rising inflation, the cryptocurrency industry witnessed the entry of many new participants who bought digital assets to diversify portfolios. But the latest declines are hitting…

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