Given that Upbit is the world’s fourth largest cryptocurrency exchange by volume, the entire cryptocurrency market is feeling the influence.

Just spil the cryptocurrency market wasgoed beginning to recover from last weekend’s $20 billion market cap loss, cryptocurrencies took another major succesnummer this afternoon.

Bitcoin is down more than $600 dollars from yesterday’s high of $9,396, and is presently trading at $8,734. Bitcoin Specie, now trading at $1,359, has taken the fattest succesnummer at the time of writing, plunging overheen 18% ter the last 24 hours.

EOS Snapshot Exposes Ten Accounts Hold Almost 50 procent of Tokens: Voting Rights Massively Inequal – Bitcoins Channel

A snapshot of EOS addresses exposed that only ten wallets hold overheen 496,735,539 tokens or 49.67 procent of all one billion EOS tokens. The “raw code” wasgoed posted to GitHub after the June Two EOS snapshot.

The EOS Money Vertoning

Block.one, the company that issued EOS’s ICO and the developed the protocol’s initial code, holders overheen 100 million tokens or Ten procent of the total circulating supply.

Crypto (BTC, ETH, XRP) Markets Te The Green after Upbit’s Internal Audit Exposes No Fraud – The Bitcoin News

The crypto markets have generally bot ter the green from yesterday when the Overeenstemming Summit began te Fresh York City. Bitcoin (BTC) is presently trading at $8,789, Ethereum (ETH) has found a footing above $700 and trading at $734, Ripple (XRP) is trading at $0.745, Bitcoin Specie (BCH) is presently valued at $1,446, and EOS (EOS) is demonstrating some remarkable recovery at $14.Nineteen.

The ECB’s.

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FSC (South Korea): UPbit faked its comprobación sheets and deceived investors – Coinotizia

A fraud investigation into UPbit, South Korea’s largest crypto exchange, has widened into a government task force review of all existing regulations.

South Korea has now widened its probe into record manipulation ter the country’s flourishing crypto-currency trading market after the Seoul Southern District Prosecutors’ Office raided the offices of the UPbit exchange on Friday.

Upbit exchange suspected of fraud The market’s current decline coincides with news that South Korea’s most vooraanstaand cryptocurrency exchange, Upbit, is under allegations of fraud .

Just spil the cryptocurrency market wasgoed beginning to recover from last weekend’s $20 billion market cap loss, cryptocurrencies took another major succesnummer this afternoon.

Bitcoin is down more than $600 dollars from yesterday’s high of $9,396, and is presently trading at $8,734. Bitcoin Specie, now trading at $1,359, has taken the fattest succesnummer at the time of writing, plunging overheen 18% ter the last 24 hours.

Korean prosectors raid cryptocurrency exchange offices

Cryptocurrency exchanges have bot under investigation ter Korea since March.

Thesis latest ter a series of arrests and seizures by Korean regulatory figures ter conjunction with law enforcement are a result of a mechanism authorities waterput into play earlier this year to end anonymous trading.

The exchange’s office ter Seoul, South Korea, wasgoed raided by Ten investigators from the country’s Financial Supervisory Service (FSS) at Ten AM KST today, tópico publication Chosun reports.

They make certain that all their services te particular withdrawals and transactions will not be affected.

Upbit is one of the most popular and largest cryptocurrency exchanges te the world. Well experienced South Korean prosecutors raided Upbit offices on Thursday and Friday. They searched some essential records. Korea Economic Daily has reported this raid at the very first time. A female staff member of the Seoul Southern District Prosecutor’s office exposed this truth.