OKX Ventures, Korea Investment & Securities to buy 19.6% Coinone stake for $106M

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The post South Korea’s DAXA Cracks Down on Crypto API Abuse appeared on BitcoinEthereumNews.com. DAXA mandates Upbit, Bithumb, Coinone, Korbit, and Gopax to invalidate suspicious shared API keys. Automated trading accounts for 30% of Korean crypto volume, making API governance a systemic issue. Exchanges must now monitor, warn, re-verify, and force-expire API keys based on risk level detected. South Korea’s Digital Asset Exchange Alliance (DAXA) has established mandatory compliance standards requiring the country’s major cryptocurrency exchanges to detect and invalidate API keys suspected of being improperly shared or lent between users. The policy, announced May 28, targets a specific exploitation method that has been used to facilitate price manipulation and unfair trading practices across Korean crypto markets. DAXA member exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax, are all subject to the new standards. Why This Matters API keys are access credentials that allow

XCENA raised $135M in Series B funding to scale its CXL-based computational memory solutions for AI infrastructure, reaching a $570M valuation.

Insider Brief Spatial intelligence software company Slamcore has raised $14 million in new funding led by ROKStar Ventures, a subsidiary of industrial automation giant Rockwell Automation, bringing the company’s total funding to $40 million. According to the company, the round also included existing backers Toyota Ventures, Interwoven Ventures, MMC Ventures, Amadeus Capital Partners and IP […]

DAXA issued new API key rules for Korean exchanges after FSS warned automated trading makes up about 30% of domestic crypto turnover.

OKX Ventures has agreed to acquire a 19.6% stake in South Korean cryptocurrency exchange Coinone through an 80 billion won ($53 million) investment, expanding the global exchange group’s presence in one of Asia’s largest digital asset markets. According to a…

South Korea’s DAXA rolls out new API key rules targeting price manipulation and unfair crypto trading across major exchanges. South Korea is tightening its grip on crypto trading. The Digital Asset Exchange Alliance (DAXA) rolled out a new compliance standard on May 28.  The policy targets the improper lending of API keys across member exchanges.  […] The post South Korea Targets Crypto Trading Bots With New API Crackdown appeared first on Live Bitcoin News.

China's tech-driven fund growth highlights a shift in global investment dynamics, emphasizing the strategic importance of tech sectors. The post China’s private funds see assets soar amid tech and AI investment boom appeared first on Crypto Briefing.