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French authorities can hold Pavel Durov until Aug. 28

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Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities.

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Coin Market

Mirae Asset completes Korbit acquisition, becomes largest shareholder

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Mirae Asset Consulting has become Korbit’s largest shareholder after completing its acquisition, with the exchange saying trading and customer asset protections are unchanged.

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Coin Market

BitMEX to shut down after 11 years in crypto derivatives

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BitMEX announced it will shut down operations on Sept. 23, 2026, after owner HDR Global Trading Limited decided to close the crypto exchange.

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Coin Market

Kakao taps Circle to explore won stablecoin payment infrastructure

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Kakao Group and Circle signed an MOU to explore won stablecoin payments, remittances, merchant settlement and tokenized financial services.

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