CoinW’s Crypto Industry Insights and Market Trends for 2024

Towards the close of 2024, the cryptocurrency market experienced a notable transformation, reaching a total market capitalization of around $3.908 trillion on December 17. This increase was largely fueled by Bitcoin’s ascent past $100,000 for the first time, a development significantly influenced by the approval of spot Bitcoin ETFs in the United States. It was … Read more

South Korea Flags Upbit for Unreported Foreign Crypto Deals

Upbit faces sanctions for not meeting KYC and AML requirements in South Korea. 700,000 KYC violations found, risking a suspension of new customer sign-ups. Upbit’s unreported foreign operations are also under investigation for regulatory breaches. South Korea’s Financial Services Commission (FSC) issued a warning to Upbit about potential sanctions. These sanctions could prevent Upbit from … Read more

WallitlQ (WLTQ) Sells Out Presale Stage 2 In Record Time Join The Future Of DeFi Now At Only $0.042

In an unprecedented show of market enthusiasm, WallitIQ (WLTQ) raised over $5.5 million in its presale stage 2. This swift sellout highlights the surging demand for WallitIQ’s (WLTQ) transformative financial solutions, making presale stage 2 a record-breaking success Adding to the excitement, WallitIQ (WLTQ) has recently launched the MVP (Minimum Viable Product) build of its … Read more

Upbit Under Fire: South Korean Regulator Orders Halt on New Users

The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act. South Korean Crypto Industry Watches Upbit Case Closely South Korea’s Financial Intelligence Unit (FIU) has reportedly ordered Upbit, one of the country’s largest cryptocurrency exchanges, to halt … Read more

Reliance Jio Enters Web3 with Polygon Partnership in India

Jio Platforms, a subsidiary of Reliance Industries and one of India’s leading technology companies, has entered into a strategic partnership with Polygon Labs, the developer arm of the Polygon Protocols.  This collaboration marks a milestone in Jio’s venture into Web3 and blockchain technology. Jio aims to integrate these technologies into its existing services. Jio Enters … Read more