South Korea stops new cryptographic loans, current directives

The best financial regulator in South Korea has ordered crypto exchanges to suspend new digital asset loan services, citing growing risks and highlighting the need for clear rules. The Financial Services Commission (FSC) said on Tuesday that it had sent letters to the scholarships requesting the suspension of new cryptographic loans until it finishes the … Read more

Kraken temporarily stops Monero’s deposits after the 51% attack on Monday

Crypto Exchange Kraken temporarily interrupted Monero (XMR) deposits due to the current attack of 51% against the private life blockchain, which compromised network security. A 51% attack occurs when a mining pool controls more than 50% of the total hash power of a blockchain network, which gives it the opportunity to double and reorganize transactions … Read more