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The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
The Bybit cryptocurrency exchange said it was hacked on Friday. Bybit CEO Ben Zhou said the estimated loss stood at $1.5 billion. Analysts say it may be the biggest crypto hack ever.
Bybit Fintech Limited, branded Bybit, is a cryptocurrency exchange based in Dubai, the United Arab Emirates. [1] [2] Founded in 2018 by Ben Zhou, it is the world's second largest cryptocurrency exchange. [3] In February 2025, the exchange was hacked resulting in the loss of $1.5 billion in assets in the largest cryptocurrency theft on record. [4]
On May 24, 2017, Webull Financial LLC was established as a Delaware limited liability company [13] by Wang Anquan, a former employee of Alibaba Group. [6] [14] In 2019, Webull's U.S. CEO Anthony Denier stated that Webull was “both a U.S. and Chinese company” in an interview.
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Since April 2017, nationals of these countries are banned from entering eastern Libya, which is under control by the Tobruk government. Other nationals who don't possess a valid visa or residence permit will also be refused entry. [2] [8] [9] Iran: Pakistan: Sudan: Syria: Yemen: Belarus: Ascension Island
In September 2017, the Chinese government banned initial coin offerings (ICOs) and trading on domestic cryptocurrency exchanges, rendering many people's holdings effectively worthless, including those of users on Huobi's exchange. [19] [1] [20] [21] [22] In response, Huobi adjusted its business and organizational structure to promote global ...
CENSORSHIP Malaysian authorities have declined to approve the Chinese war movie “The Battle at Lake Changjin” for theatrical release after outrage emerged online that the film promotes ...