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Fresh Weekly News Digest to keep you posted! Exchanges • Fo | Scalable Insights

Fresh Weekly News Digest
to keep you posted!

Exchanges
• Forbes: more than half of all Bitcoin trades are fake
• Crypto.com accidentally transfers $10.5m to woman instead of $100
• The ex-head of the Turkish crypto exchange Thodex was detained In Albania
• FTX will help South Korean Busan launch a crypto exchange
• Indonesian authorities are to launch a Bitcoin exchange

Regulation
• Singapore authorities have initiated a vetting of crypto companies.
• Japanese authorities will consider tax breaks for crypto startups
• The Iranian authorities allowed to pay for imports with cryptocurrency
• Georgia to update crypto regulation to comply with EU rules

Security
• KyberSwap frontend was exploited. The team identified and neutralized the hacker successfully. Users lost 265 000 USDC

Blockchain
• The complexity of Bitcoin mining increased by 9%

Have great weekend

#NewsDigest