A troca exige que os usuários devolvam a Bitcoin comprada por $6K durante falha técnica

Uma aparente „falha“ no PDAX caiu temporariamente os preços do BTC em 88% e viu a comercialização suspensa. A bolsa realizou ontem uma conferência de imprensa para explicar o que aconteceu.

Pelo preço do Bitcoin ter caído para 300.000 PHP

Uma das maiores trocas criptográficas do sudeste asiático está culpando uma falha técnica pelo preço do Bitcoin ter caído para 300.000 PHP, cerca de US$ 6.100, em 16 de fevereiro.

Um número desconhecido de clientes da Philippine Digital Assets Exchange, ou PDAX, conseguiu comprar milhares de BTC da bolsa com um desconto maciço, tornando-os bilionários em moeda local em papel – pelo menos por algumas horas.

Um número de clientes PDAX retirou sua Bitcoin comprada, até o limite da troca em contas individuais de um BTC por 24 horas. O PDAX está alegadamente exigindo que esses usuários reembolsem os BTC obtidos durante a queda sob a ameaça de uma possível ação legal.

A falha técnica levou a um encerramento de 36 horas, e vários usuários continuam a relatar que permaneceram trancados fora de suas contas.

Um usuário, que conseguiu comprar o Bitcoin quando este caiu para 300.000 PHP de 2,4 milhões de PHP, levou à Reddit para pedir opiniões sobre se eles são legalmente obrigados ou não a devolver o Bitcoin, recebendo uma quantidade de respostas mistas.

„Consegui transferir o BTC comprado para outra carteira fora do PDAX pouco antes de fecharem a comercialização e eventualmente o website“, explicou o Redditor em um tópico sobre r/phinvest.

„Após quase 24 horas, eles me enviaram uma carta de demanda e um SMS, solicitando que eu transferisse de volta o BTC, que foi comprado bem dentro dos meus direitos, sem violar nenhuma lei ou regulamento da plataforma de negociação, ou eles ‚podem‘ ser obrigados a tomar ações legais contra mim“.

Um momento crucial na história da Bitcoin

Em 23 de fevereiro, o CEO do PDAX, Nichel Gaba, realizou uma coletiva de imprensa para esclarecer melhor o que havia acontecido na semana anterior. Ele explicou que o fardo colocado sobre a troca por uma enxurrada de atividades imprevistas havia introduzido uma falha que permitia que uma ordem não financiada fosse combinada com uma ordem financiada. Segundo Gaba, isto levou a um efeito de cascata que baixou o preço do BTC abaixo de níveis razoáveis.

„É muito compreensível que muitos usuários se sintam perturbados por terem sido capazes de comprar o que achavam que uma ordem estava lá para Bitcoin a preços muito baixos“. Mas infelizmente, as Bitcoins subjacentes nunca estiveram na posse da troca, portanto nunca há realmente nada lá para ser comprado ou vendido“.

Gaba salientou que, de todos os clientes da bolsa, apenas „0,2% não podem acessar suas contas“ a partir de 23 de fevereiro.

Fundado em 2019, o PDAX é licenciado pelo banco central das Filipinas para operar como uma bolsa de valores. O fechamento da bolsa em 16 de fevereiro ocorreu durante um momento crucial na história da Bitcoin, já que seu preço subiu acima de $50k pela primeira vez.

O PDAX não está sozinho em seu desafio de crescer para atender a demanda de seus usuários, pois a Coinbase e a Binance também sofreram interrupções de serviço este ano.

Ukraine and Stellar collaborate to develop digital currency

The Ukrainian government has selected the Stellar blockchain as the foundation for the creation of a central bank digital currency (CBDC). Joint work for the creation of a digital Ukraine hryvnia will start during the month.

Ukraine chooses Stellar for its digital hryvnia

An official statement tells us that the Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation (SDF) have just signed a cooperation agreement. As part of this agreement, the two entities will work on the development of a strategy for the development of digital assets in Ukraine.

In addition, the Bitcoin Lifestyle scam network should be used to host a digital version of the hryvnia , the national currency of Ukraine:

“The National Bank of Ukraine has been studying the possibility of setting up a central bank digital currency since 2017. We aspire to ensure the adaptation of our country to technological innovations and competitiveness in the European financial market of the Is, ”underlined Ukrainian MP Oleksandr Bornyakov.

Denelle Dixon , CEO of the Stellar Foundation, says she is thrilled that Stellar is playing a role in building Ukraine’s dedicated digital asset infrastructure:

“Ukraine has demonstrated its commitment to fostering an environment of innovation for the digital economy. We look forward to working on the digitization of the hryvnia, to bring Stellar-based tools and services to the people and businesses of Ukraine, and to introduce new partnership opportunities in Ukraine for businesses in the Stellar ecosystem. . „

Stellar should therefore not only provide its infrastructure, but also open the door to projects in its ecosystem towards a whole new market. In addition, the Stellar Foundation will officially launch its activity with Ukraine in January 2021.

Banks like Stellar blockchain

Recently, in early December 2020, one of the oldest banks in Europe, Bankhaus von der Heydt (BVDH), launched a euro-backed stablecoin on the Stellar blockchain .

Issued in the form of a token on the Stellar blockchain, the operation of this stablecoin could certainly be taken over for the creation of the digital hryvnia. The Stellar Foundation therefore already has sufficient technical resources to host a central bank digital currency.

These concrete applications of the network make it more visible, and propel Stellar towards “ a new wave of financial innovation „, Denelle Dixon supports.

Little by little, the infrastructure of Stellar is strengthened and the project manages to renew itself . Last October, Coinbase and Circle’s USDC stablecoin was deployed on the Stellar blockchain. An addition that greatly enhances Stellar’s capabilities as a cross-border payments network.

What were the best and worst performing cryptocurrencies in 2020?

Taking into account, for example, the top ten by market capitalization, excluding of course Tether (USDT) because it has stable value and Polkadot because in 2019 it did not exist, the one with the best performance was Chainlink (LINK), which in twelve months appreciated by more than 500%.

Chainlink: the best crypto performance of 2020

LINK debuted on the crypto markets in November 2017, so it has been tradable for over three years. However, until May 2019, it had not shown strong movements.

In the course of last year it had already increased a lot in value, however, ending the year below $2. Since then, the price has literally soared to close to $20 in August.

ADA is also still a long way from the all-time highs of early 2018, and during 2020 has recovered much of what it had lost in past years. In some ways, ADA’s 2020 parabola was similar to ETH’s, albeit with slightly different timelines and Bitcoin Supreme review not in first place

Now the price has settled between $11 and $12, i.e. more than five times the value at the beginning of the year.

Ethereum and Cardano in 2020

In second position there are, very close, Ethereum (ETH) and Cardano (ADA), with an increase in value of more than 460%.

For ETH, it was a real return to the glories of the past, as it closes the year with a value similar to what it had in May 2018, i.e. just after the bursting of the great speculative bubble at the end of 2017.

Although it is still far from its all-time highs, it has recovered much of what it had lost in recent years in 2020.

Bitcoin (BTC) is only in fourth place, however with a more than honorable +265%, followed by Litecoin (LTC) with +195% and Binance Coin (BNB) with +177%. In the penultimate position is Bitcoin Cash (BCH) with +67%.

None of the top ten cryptocurrencies by market capitalization seem to be closing the year in a negative way, although XRP, last in this ranking, comes close, with +2% that however could even get worse before the end of the year.

In fact until mid-December XRP’s annual performance was more than positive, but the news of the SEC lawsuit wiped out all of its 2020 gains.

If instead we extend the analysis to the other cryptocurrencies, and in particular to the smaller ones, the best and worst performances belong to almost unknown coins.

The best annual performance ever is by Bitswift (BITS), which closes 2020 with a phantasmagorical +367,138%. It is followed by TerraCredit (CREDIT) with +26.007% and AXiaL (AXL) with +23.620%.

However, these are cryptocurrencies with decidedly low market capitalization: BITS and AXL capitalize less than two million dollars, while CREDIT even falls short of $200,000. Also having very low trading volumes, they can have exaggerated volatility.

As for the worst performance, there are as many as five cryptocurrencies that have lost practically 100%, and ten others that have lost more than 99%. These are tokens whose value has practically dropped to zero, or close to it, often due to various problems.

Most of these are technical tokens from the ftx.com exchange, but there are two that have a story of their own.

They are Foin (FOIN), which has lost practically 100% of its value, and Tobigca (TOC), which has lost 99.9%. In both cases, during 2020, their value almost went down to zero, although that of FOIN went down to zero suddenly, moreover while it was growing, on the contrary that of TOC was already in a sharp decline since August last year.

Worth mentioning, however, is the yearly performance of Kusama (KSM), i.e. the token of Polkadot’s experimental „canary network“, which registered an incredible +4.668%, and on the negative side that of Omnitude’s token, launched in 2018 via an ICO, which lost 97% of its value in one year.

Kan Bitcoin 20.000 dollar breken deze week van de Back of Big News?

Bitcoin mag dan wel een paar all-time highs hebben gebroken, afhankelijk van welke ruil je hebt bekeken, maar het is nog niet voorbij een cijfer dat al lang is toegeschreven als het hoogste cijfer voor de munt – $20.000.

De recente Bitcoin-rally is aanzienlijk geweest, en het weerstandsniveau werd onderweg terzijde geschoven, maar de $20.000 blijkt een grote barrière te zijn. Dit gezegd zijnde, is de munt niet lang onder de $19.000 gezakt en is het gelukt om te consolideren in de laatste $1.000 mark.

Vooruitkijkend naar deze week, zijn er een paar externe factoren die op het spel zouden kunnen staan om de munt uit te duwen naar de grote mijlpaal van $20.000 – en verder – waar het nog nooit eerder is geweest.

Bitcoin is vergeleken met een hedge tegen traditionele marktdempers – hoewel het niet altijd op die manier heeft gehandeld – dus het gepraat over een nieuwe Stimulus-check, en meer Brexit-zorgen, zou de ideale omstandigheden voor een nieuwe rally kunnen spellen.

Meer geld drukken

Het drukken van geld is een hot-button punt geworden in een door Covid gecreëerde wereld. Mensen als de VS hebben geprobeerd hun economie op te krikken met een groot monetair beleid waarbij het drukken van geld de norm is geworden. De nieuwe president van de VS, Joe Biden, heeft ook gezegd dat hij een herstelpakket van 7 biljoen dollar plant om de gevolgen van het coronavirus aan te pakken.

Hoewel dit een stimulans voor de economie kan zijn, is het niet groot voor de kracht van de dollar, die zich vaak manifesteert als een hogere interesse in safe-haven activa – potentieel zoals Bitcoin.

„We hadden een vreselijke tijd in 2008 vanwege te veel schulden, en sinds 2008 is de schuld overal omhooggeschoten. We kunnen niet eens tellen hoeveel de schuld is opgelopen,“ zei Jim Rogers, mede-oprichter van het Quantum Fund met George Soros. „Als Janet Yellen de volgende Secretaris van de Schatkist is, houdt ze ervan om geld te drukken en uit te geven.“

Brexit steekt zijn hoofd weer op…

In het kader van de Covid-19-pandemie is het feit dat Groot-Brittannië de EU zal verlaten op de lange baan geschoven, maar de verpletterende tijd is aangebroken omdat de deadline het einde van het jaar is. Er is echter nog steeds geen sprake van een volledige overeenkomst en de toekomst is mistig.

Zoals bij elke grote geopolitieke gebeurtenis blijft het potentieel voor Bitcoin om kortstondig van de schokgolf te profiteren, wat waarschijnlijk later op maandag zal gebeuren.

Zoals Cointelegraph vorige week meldde, beschreef Nigel Farage, voorheen het hoofd van de pro-Brexit U.K. Independence Party, Bitcoin als de „ultieme anti-blokkeringsinvestering“ met betrekking tot de harde beperking van de individuele vrijheden van Londen over het coronavirus.

eading „crypto-combatant“ leaves strategy department

Leading „crypto-combatant“ leaves strategy department of US Department of Justice

Beth Williams is leaving the Strategy Department of the Department of Justice, but it remains unclear what her next post will be.

According to an official announcement made by the US Department of Justice on 11 December, Acting Assistant Attorney General Beth Williams will leave the Department Bitcoin Pro of Strategic Planning.

Since 2017, Williams has been one of the leading members of the Office of Legal Policy. In its latest announcement, however, the Department of Justice merely confirms that Williams is leaving the Policy Making Unit, without making it clear whether she is also leaving the Department of Justice or what her next post will be.

Williams has been involved in during

In the corresponding communication, the „DoJ“ recalls the projects Williams has been involved in during her term of office:

„The Ministry of Justice’s cyber-strategy, in which she drafted a strategy for crypto-currencies in the framework of a Cyber-Digital Task Force“.

This refers to a previous announcement made in October, when the Ministry published a legal framework for the prosecution of crypto-currencies. At that time Williams had said:

„This framework reflects the Department of Justice’s extensive cooperation with national and international authorities in the joint fight against the illegal use of crypto-currencies, which benefits the legitimate users of this asset class and the general public“.

The Justice Department’s legal framework appears to be another attempt by the outgoing US administration to influence future crypto regulation before the change of administration. The US Treasury Department is currently even more in the focus of the crypto-community, as it has drafted a controversial „ban“ on crypto-wallets that could cause great damage to the industry.

„Espere que la desventaja de Bitcoin sea limitada“, esto es lo que dicen los analistas sobre las perspectivas de precios de BTC

Bitcoin, la primera y más grande criptomoneda por capitalización de mercado, borró las ganancias de la semana anterior y cayó por debajo de $ 18,000 en medio de su caída semanal más profunda desde fines de agosto. El 1 de diciembre, BTC alcanzó un nuevo máximo histórico de $ 19,915, pero el impulso alcista se desvaneció a medida que se acercaba a los $ 20,000.

Actualmente, Bitcoin se encuentra en un rango de precios relativamente sencillo entre $ 17,500 y $ 18,500 ya que enfrenta presión de venta

La reciente venta masiva de Bitcoin aludió al hecho de que los mineros vendían grandes cantidades de Bitcoin en los intercambios. Cryptoquant indicó que el índice de posición de los mineros de BTC ha alcanzado su nivel más alto en tres meses, lo que implica una toma de ganancias. El mismo escenario se desarrolló en septiembre, antes de la caída de Bitcoin de $ 12,000 a $ 10,000.

Denis Vinokurov de BeQuant Exchange cree que la venta masiva de BTC podría haberse visto agravada aún más por la quema de Wrapped Bitcoin (WBTC), lo que significó que BTC utilizado en el espacio Defi se vendió, en segundo lugar por flujo de cobertura en el mercado de opciones.

Esto es lo que dicen los analistas

Los participantes en la encuesta de Bitcoin Forecast Expert han apostado por la consolidación de Bitcoin por debajo de $ 19,000 y no anticipan un movimiento a un nuevo máximo histórico en los próximos tres meses.

Un analista señaló que el gráfico BTC representa una tendencia bajista como se muestra en máximos y mínimos más bajos. Además, afirma que, en general, una tendencia bajista siempre hará máximos y mínimos más bajos hasta que se encuentre un fondo claro. Basado en numerosas señales bajistas, incluida la posible distribución de fondos en el monte. Los usuarios de Gox, otro analista, cree que el impulso bajista de BTC podría crecer como una bola de nieve hacia finales de año.

Ethereum 2.0 launch: they are ready for anything and deposit 61,000 ETH in 1 week!

Ethereum 2.0 Surprises Us All – Phase 0 of the Ethereum to Ethereum 2.0 transition has finally started. A week after the deployment of the deposit contract, it already accounts for more than 61,000 ETH.

Ethereum 2.0 is coming

The long-awaited update to the Ethereum network is finally in the pipes. In addition, the deposit contract was deployed on November 4 . This allows future validators to deposit the 32 ETH necessary to take part in the transaction validation process .

As a reminder, this contract is the cornerstone of the launch of Immediate Edge review. Indeed, the beacon chain , the central Ethereum 2.0 chain responsible for synchronizing the network and managing the consensus, will not be launched until 16,384 different validators have deposited 524,288 ETH .

10% of goal already achieved

A week after the contract was deployed, 10% of the 524,288 ETH target was reached . In fact, the deposit contract currently has 61,024 ETH deposited by 1,901 different validators .

However, despite a peak of 652 deposits recorded on November 5, the trend seems to have since slowed down, to stabilize around a hundred daily deposits .

If this pace were to be maintained, it would take around 140 days for the contt to hold the 524,288 ETH needed to create the genesis block .

ETH 2: the whales‘ playground

Behind this mixed participation, hides a proven fact: the launch of ETH 2 is the preserve of the whales.

In fact, to participate in the launch of Ethereum 2.0, validators must deposit 32 ETH, the equivalent of 12,000 euros in ether .

FTX Exchange CEO Donated $ 5.2M For Joe Biden Campaign

Sam Bankman-Fried, CEO of the FTX exchange, donated $ 5.2 million for Joe Biden’s presidential campaign. A substantial donation which places him in 17th place among the most important contributors to the campaign.

FTX energized Joe Biden’s campaign

According to OpenSecrets.org , an independent research group that tracks financial flows in American politics, the founder of the FTX platform , Sam Bankman-Fried , has donated $ 5.2 million to Joe Biden’s presidential campaign , recently elected 46th President of the United States.

The importance of this donation places Profit Revolution in 17th place among the most important contributors to the campaign, not far from Google (Alphabet Inc.) with $ 6.4 million .

In addition, Sam Bankman-Fried is the 2nd most generous CEO for the Joe Biden campaign , after Michael Bloomberg , co-founder of the eponymous financial group, which made the largest donation with $ 57.5 million .

In total, the contributions received by the campaign of Joe Biden accumulate $ 1.3 billion against 863.5 million for Donal Trump .

Opensecret.org specifies that the donations it identifies “come from political action committees, their members, employees or individual owners; and the immediate family of these people. “

Sam Bankman-Fried told The Block outlet that his donation was made through Alameda Research , the parent company of FTX.

An exchange anchored in politics for a long time

In addition to the involvement of its CEO, the FTX platform has been incorporating policy in its markets for some time. Last February, FTX surprised everyone by setting up futures contracts to bet on the re-election of Donald Trump .

Dubbed TRUMP-2020 (TRUMP), the futures contract for this one-of-a-kind token expired at $ 1 if Donald Trump won the 2020 US presidential election, and $ 0 otherwise .

Likewise, futures contracts for other White House candidates had been introduced by FTX, including Joe Biden, Bernier Sanders, Michael Bloomberg, Pete Buttigieg and Elizabeth Warren.

As the American vote count was in full swing, the TRUMP and BIDEN token markets were subject to unprecedented volatility .

On the following capture taken when Donald Trump seemed to catch up with Joe Biden in his conquest of the voters, the trend was reversed in a few hours:

This flippening of the TRUMP and BIDEN tokens did not last long, Joe Biden having regained the advantage over the outgoing president in the hours that followed.

Joe Biden having recently been elected 46th President of the United States, his associate token’s futures contract expired at $ 1, to the delight of those who bet on his victory. On the other hand, the Donal Trump victory affiliate futures contract expired at $ 0 , draining all funds from its holders.

For those with a taste for risk, FTX has set up – after giving in under pressure from part of its community – a new futures contract, the TRUMPFEB. In the same vein as its predecessors, the TRUMPFEB will expire at $ 1 if, by February 1, 2021, Donald Trump is unambiguously re-elected as president.

With the handover between the two men taking place on January 21, 2021, some traders believe that everything can still switch between today and that date. Suffice to say that the probability is very low, despite the many accusations made by Donal Trump against Joe Biden and the conduct of the election.

En décembre 2017, Bitcoin a gagné 1500 $ en 24 heures, y aura-t-il un nouvel ATH en 2020 ?

En décembre 2017, Bitcoin a gagné plus de 1500 $ en 24 heures. Le 6 novembre 2020, il a fait de même. L’histoire se répète-t-elle ?

La bougie verte la plus importante de Bitcoin Era s’est produite le 7 décembre 2017, lorsque les traders ont commencé la journée à 14090 $ et ont poussé le jeton à 17390 $ en 24 heures. Ce serait la première fois qu’une bougie haussière franchirait la ligne des $15900 – un événement que les nouveaux investisseurs vivent aujourd’hui.

Le 7 décembre 2017 peut également être considéré comme l’argument parfait pour ceux qui affirmaient que la CTB était une bulle, car le jeton a également enregistré une mèche de 19697 $ ce jour-là, sa plus forte croissance jamais enregistrée avec une hausse de 5600 $.
2017 et 2020 sont similaires… mais différents

Aujourd’hui, Bitcoin flirte avec la barre des 16 000 dollars. Son pic au cours des dernières 24 heures s’élève à 15977 dollars. C’est une croissance de 11,49 % par rapport à la veille, ce qui place la cryptocouronne à seulement 20 % en dessous de son ATH.

Cela fait du bitcoin la monnaie cryptographique qui a le meilleur taux de recouvrement depuis son ATH, surpassant de loin tout autre concurrent.
Le bitcoin surpasse les autres cryptocurrences.

Mais il y a une différence essentielle : En 2020, personne – ou presque personne – ne parle de bulles, et la raison en est simple : Bitcoin ne se comporte pas comme tel.

Contrairement à la croissance accélérée qu’elle a connue en 2017, l’augmentation de Bitcoin cette année a été plus facile, plus mature et plus résistante au FUD et au FOMO. L’époque où une bourse piratée ou le discours d’un politicien suffisaient à faire s’effondrer les marchés est révolue depuis longtemps.

Bitcoin en 2017 contre Bitcoin en 2020

L’augmentation parabolique de Bitcoin en 2017 contre l’augmentation linéaire de Bitcoin en 2020.

Et les fondamentaux de Bitcoin semblent également soutenir l’optimisme des traders. La réglementation est plus claire, les investisseurs institutionnels sont plus nombreux à intervenir et les grandes sociétés financières ont légitimé le Bitcoin comme un actif fiable et un bon investissement. Les économies mondiales traversent une crise qui a établi la réputation de Bitcoin en tant qu’actif de couverture, et elle a joué un rôle majeur dans l’appréciation de son prix.

Bitcoin est-il proche d’un nouvel ATH ?

Il est difficile de prédire si Bitcoin pourrait refléter le battage de 2017 et atteindre un nouvel ATH. En général, un ATH est une solide barrière psychologique sur n’importe quel marché. Néanmoins, les analystes et les traders célèbres pensent que Bitcoin pourrait au moins toucher la limite des 20 000 dollars.

Par exemple, Mati Greenspan a été très enthousiaste lorsque Bitcoin a franchi la résistance dans le canal haussier :

Le bitcoin est sorti en force de cette double résistance que nous avons observée, en cassant le canal haussier et en anéantissant la résistance psychologique d’un seul coup.

Par ailleurs, le co-fondateur de 10T Holdings, Dan Trapiero, a accordé un certain crédit au modèle stock-to-flow qui a été largement critiqué comme étant inexact. Si ce modèle dit la vérité, Bitcoin pourrait être très proche d’avoir un prix à six chiffres.

De plus, Brad Michelson d’eToro a comparé ce qui se passe en 2020 avec le battage cryptographique de 2017 :

Si vous n’avez pas l’impression que c’est 2017, je ne sais pas ce qui le fera. https://t.co/xhWAFOVEBC pic.twitter.com/ESz8oKgsnb

– Brad Michelson (@BradMichelson) 6 novembre 2020

Il y a donc peut-être une raison d’être optimiste, mais tirez les leçons de 2018 et n’investissez jamais ce que vous ne pouvez pas vous permettre de perdre.

The South Korean government does not know who will protect the crypto currency exchanges from Kim Jong-Un’s hackers

Can anyone hold North Korea responsible for its attacks on the crypto coin industry?

There has been a heated political debate over who should take responsibility for countering North Korea’s attacks on South Korean cryptomoney exchanges. Recently, South Korea’s financial watchdog made it clear that they do not see this issue as their concern.

According to Fn News, the Financial Services Commission, or FSC, responded to a written request from the National Assembly’s Political Affairs Committee on October 23. The FSC says they are not responsible for the crypto-currencies stolen during the attacks by hackers sponsored by the Kim Jong-un regime, such as the Lazarus Group, against crypto-currency exchanges.

North Korean crypto-hackers: separating reality from fiction
According to the news, the control body argued that the crypto-currency Financial Peak scam exchanges are not under its jurisdiction without providing further details. They transferred the responsibility to the Ministry of Foreign Affairs and the Korean Communications Commission, or KCC.

But both the Ministry and the KCC believe that the FSC is still liable for damages suffered by crypto companies, as they are related to financial matters. The couple cite the FSC’s position „in charge of the management and supervision of providers of virtual assets such as cryptomoney exchanges“.

Korea’s Blockchain Association calls for crypto-tax scheme to be frozen
Representative Seong Il-jong, the opposition party’s secretary in the National Assembly’s Political Affairs Committee, disagrees with the FSC’s position. He reminded them that „with the passage of South Korea’s revised cryptomoney bill, all matters related to cryptomoney became the task of the Financial Services Commission“.

In February, it was reported that the Lazarus Group had attacked several crypto currency exchanges in 2019. One of the attacks involved the creation of a very realistic looking trading bot which was offered to DragonEx employees.

In addition, in August, a U.S. military report said that North Korea now has more than 6,000 hackers in countries such as Belarus, China, India, Malaysia, Russia, among others.