TOP-5 cryptocurrency news for August 11

The latest news for today, August 11, was prepared for you by CoinShark journalists. From this material you will learn about the news of regulation in South Korea, the proceedings with the hacking of the BitMart exchange, as well as the launch of the bitcoin transfer service via sms and other cryptosphere news.

South Korea plans to accelerate the creation of comprehensive digital asset legislation. When compiling it, international developments and practices will be taken into account. This was announced on Thursday by the head of the South Korean agency FSC.

The FTC will investigate the details of last year's BitMart hack. This is the first hack investigation in the history of the regulator. The FTC plans to determine why the hacker easily gained access to users' funds in order to understand the degree of guilt of the company's management.

Machankura phone service launched in South Africa. With it, you can transfer BTC from wallet to wallet offline. The service operates in 6 African countries. To use it, you need to have a regular push-button telephone.

The Cardano network processes about 75,000 transactions daily. According to experts, this is not yet full capacity. With the advent of more projects, the number of transactions in the blockchain should increase.

The SEC is investigating Coinbase products. We are talking about staking products, which the exchange will have to talk about in court at a scheduled meeting. Representatives of the exchange confirmed receipt of the subpoena.

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CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources . Cryptocurrency is a high-risk asset, investing in it can lead to losses. Readers should do their own research before taking any action.

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