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Vietnam-based little-known cryptocurrency exchange VinDAX has been hacked, losing “half a million USD” worth of cryptocurrencies, The Block has learned. An admin of VinDAX’s official Telegram channel, with the handle “@VinDAXSupport” confirmed to The Block on Friday that it is “true” that the exchange got hacked and lost cryptocurrencies worth the amount. Buy Crypto In 3 Minutes - Buy Bitcoin & Crypto Instantly Chinese+crypto+trading+platform News In 2017, the Chinese government instated an official ban on all cryptocurrency trading and investing, which was followed the next year by a proclamation that all crypto-related WeChat and social media profiles would be shut down. Videos for Asian+crypto+exchanges The platforms’ announcements come at the end of a rough year for Chinese crypto traders, who have seen online communities shut down, pricing websites go dark, and major exchanges severing services.. China, South Korea, and Japan are often seen as drivers of the cryptocurrency market. When Beijing threatens to close cryptocurrency exchanges and ban Bitcoin purchases, prices tank. BEIJING, May 18 (Reuters) - China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative. Top 10 Korean Cryptocurrency Exchanges Fintech Singapore Crypto Slumps; Asian Crypto Exchanges Closed and Hacked By . Chinese Police Alert Public to New Cryptocurrency Scam List of the Biggest Crypto Exchanges in Asia - AirdropAlert Explainer: What's new in China's crackdown on crypto? Reuters What the Western World Should Understand About the Asian . China bans financial, payment institutions from . List of the Biggest Crypto Exchanges in Asia. Huobi. Huobi is a Singapore-based crypto exchange which was originally founded in China. Today, the company has offices in Hong Kong, Japan, Korea, . DDEX. DDEX is a decentralized exchange offering trading in ERC-20 token against Ethereum. To trade . Coinlink is a Korean cryptocurrency exchange company that is listed on Kosdaq. Therefore, Coinlink is Korea’s first bitcoin exchange run by a Kosdaq-listed company called Accupix. Accupix’s main business is selling coal but they also construct railway communication systems. Coinlink will be operated by Fourth Link. This list of companies and startups in Asia in the cryptocurrency space provides data on their funding history, investment activities, and acquisition trends. Insights about top trending companies, startups, investments. and M&A activities, notable investors of these companies, their management team, and recent news are also included. 9 Exchanges to Buy Crypto & Bitcoin in China (2022) Who are the Crypto Regulators in Asian Countries? by Jan . In September 2017, China banned initial coin offerings (ICOs) in a bid to protect investors and curb financial risks. The ICO rules also banned cryptocurrency trading platforms from converting. Liao Shumin. (Yicai Global) Dec. 2 -- Police in the Chinese city of Xiamen have brought to the public’s attention a case of fraud in which the suspect masqueraded as a customer service representative from a cryptocurrency platform, according to Xiamen Daily. The victim lost digital currency worth CNY40,000 (USD6,275) and a further CNY20,000 after receiving a call from overseas and providing his trading account number and password, the report said today. China’s cryptocurrency investors keep the faith even as . News from Asia today did not excite the crypto traders at all. Indian crypto exchange Koinex shut down immediately, and Singapore crypto exchange Bitrue was hacked for over $4 million in assets.. Those in the Western world who may only be familiar with Bitcoin may be surprised to learn that 31% of all cryptocurrency transactions from mid-2019 to mid-2020 occurred in East Asia, totaling $107. What Are The Hottest Cryptocurrencies In China, Korea & Japan? The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic Crypto exchange Huobi Global is going to discontinue services for users based in mainland China this month. All crypto trading platforms in China have been shut down . List of top Asia Cryptocurrency Companies - Crunchbase Hub . Japan has been moving steadfastly towards the advancement of digital currencies and blockchain in their country and around the world and has been very positive regarding this revolutionary new electronic peer to peer cash transfer system even amidst several negative notions in the digital currency market. Owing to this, Japan has come up with several cryptocurrency exchanges which operate not just in the demographic of Japan but all over the world. According to the report, all 173 Chinese cryptocurrency trading and initial coin offering (ICO) platforms have exited the space and the number of online lending platforms has dropped from 5,000 to 1,490 this year. The central bank said it will continue to monitor licensed payment services and increase oversight on unlicensed ones. Cryptocurrency Exchange Huobi Global to Leave China This . Asian+crypto+exchanges - Image Results Top 10 cryptocurrency exchanges from Japan - Coinnounce Little-known Asian crypto exchange VinDAX got hacked; lost . China became a hotbed of crypto activity in bitcoin’s early life but then began heavy oversight of the crypto industry, banning crypto exchanges outright in 2017. In addition to the People’s Bank.