Stock Groups

AscendEX reopened after $80m hack, Huobi suffers key personnel departures, and government officials punished for mining activities -Breaking

by Mike Robinson

[ad_1]

Shanghai Man: AscendEX is reopened following hack of $80 million, Huobi loses important personnel, while government officials are punished for their mining activities

This week’s roundup includes news from Mainland China (Taiwan) and Hong Kong. It aims at bringing you the latest news about the industry, as well as the top projects, regulatory changes, and integrations of enterprise blockchain technology.

In 2021, Limping out

We thought that we were at rock bottom with Chinese exchanges. Bitmart suffered a 150m hack last week. It was the exact same this week. AscendEX was robbed in a similar fashion, resulting in a loss of $80 millionIt affected its BSC, Polygon and hot wallets. AscendEX issued a security report on the incident, which was published December 16.

Huobi: Are you facing difficult times?

Chinese account holders trying to trade with Huobi were met by this message on December 15, when they tried to deposit or trade funds.

In hot water: Government officials

Hong Kong Adoption

Hong Kong was the developed market with the lowest number of unengaged cryptocurrency owners. Source: Visa (NYSE:)

Continue Reading on Coin Telegraph

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. Because prices might not reflect the market, they may be incorrect. This means that prices cannot be considered indicative and are inappropriate for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]