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Donald Trump, the former President of the United States, might appoint John Gallagher as the Chief Legal Officer (CLO) of Robinhood to the Securities and Exchange Commission (SEC) if he wins the November election. According to a Politico report adopted by Cointelegraph on the 8th (local time), former SEC officials stated that "Gallagher is a strong candidate to be appointed as a commissioner of the SEC under Trump." Gallagher served as an SEC commissioner from 2011 to 2015 and has been working as the Robinhood CLO since 2020. Meanwhile, in July, Trump announced that if elected as President, he would replace the current SEC Chairman Gary Gensler from the first day of his term.

Twitter Telegram Hangyeong Attempted Correction

, , transmission and member registration confirmation code "OOO" (employee name fraud) input dissemination , , , , , access dissemination and personal information theft [Bithumb Site Fraud Example 2] For other related damage reports or inquiries, please contact the Bithumb Customer Center (1661-5566) immediately. Bithumb is committed to providing the best service to protect our members' assets and ensure safer transactions. Thank you. No.1 Fake Asset Platform, Bithumb. Recently, there have been attempts to impersonate Bithumb employees to protect investment leads, personal information leaks, event winners, etc., by providing fake assets, and we ask for your individual attention to prevent damage. [Employee Fraud Case] 1. Access to email and personal messenger with stock investment leads, personal information leaks, event winners, etc. 2. Impersonating Bithumb employees and transmitting the following phishing names and reemployment certificates [Employee Fraud Name and Phishing Reemployment Certificate Example] Attempting to provide fake assets through transmission links, unverified app installation, phishing creation, KYC name identity verification, and personal information requests Bithumb does not provide or sell fake asset guidance through email or messenger in any case. Bithumb is also working to prevent damage and fraud cases such as telecommunications financial fraud by providing the following guidance for investor protection. [Notice] Bithumb Trading Support (Fraud) Fraud Alert and Application Method Guidance [Notice] Telecommunications Financial Fraud Alert (Prosecutor Fraud) [Notice] Bithumb Impersonation Fraud Alert [Notice] Telecommunications Financial Fraud Alert (Smishing Type) [Notice] Telecommunications Financial Fraud Alert (Media Company Voice Phishing Scenario) For other related damage reports or inquiries, please contact the Bithumb Customer Center (1661-5566) immediately. Bithumb is committed to providing the best service to protect our members' assets and ensure safer transactions. Thank you.

In the first half of this year, it was found that 70%% of the transaction volume in the domestic virtual asset (cryptocurrency) exchanges was traded through Upbit. According to the industry on the 2nd, Kim Hyun-jung, a member of the Democratic Party of Korea, analyzed the 'Current Status of Virtual Asset Exchanges' submitted by the Financial Supervisory Service, and the total transaction volume of the five major virtual asset exchanges this year was calculated to be 1,087 trillion won. Among them, Upbit recorded a transaction volume of 770 trillion won, accounting for 70.6%% of the total. Upbit has consistently recorded a market share exceeding 70%% since 2021. Looking at the annual transaction volumes of virtual asset exchanges from 2021 to the first half of 2024, Upbit recorded 3,557 trillion won (2021), 1,166 trillion won (2022), 934 trillion won (2023), and 770 trillion won (first half of 2024). In the same period, the transaction volumes of other exchanges were as follows: Bithumb 795 trillion, 258 trillion, 196 trillion, 280 trillion; Coinone 203 trillion, 59 trillion, 24 trillion, 21 trillion; Korbit 19 trillion, 4 trillion, 5 trillion, 10 trillion; Gopax 21 trillion, 1 trillion, 2 trillion, 6 trillion. Calculating this, Upbit's market share for each period is 77%%, 78%%, 80%%, and 70.6%%.

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On the 1st, according to the virtual asset industry, the Southern Seoul District Prosecutors' Office conducted a compulsory search on Upbit and Bithumb with reference to their involvement in virtual asset crimes. This search was conducted to investigate virtual assets currently under suspicion of market manipulation and illegal activities, targeting trading firms that have listed these assets. The virtual assets in question were listed and traded at two domestic exchanges in April, and suspicions of market manipulation and illegal activities by major personnel were raised. The prosecution is conducting a compulsory search on these trading firms to request data. However, the virtual assets related to this search are separate from the case handed over to the prosecution by the Financial Supervisory Service regarding 'unfair trading of virtual assets' and also separate from the AVAIL coin, which was flagged by the National Intelligence Service for market manipulation suspicions. A Bithumb official stated that there was nothing to confirm regarding the search. Source: IT Chosun (https://it.chosun.com)

On the 6th, domestic virtual asset exchange Kobit announced that it will hold a Bitcoin (BTC) price prediction event. Kobit will conduct the event from today until the 10th to commemorate the 1 trillion won turnover of Bitcoin recorded in March 2024. During the event period, Kobit will select over 200 customers who purchase more than 100,000 won worth of Bitcoin and respond to the price prediction survey, and distribute Bitcoin equivalent to up to 5 million won. A Kobit official stated, "Through this event, we aim to increase interest in Bitcoin and add fun to price predictions." After experiencing a temporary decline following the March report, Bitcoin is currently on an upward trend along with the U.S. presidential election announcement. Investors' expectations and interest in whether the price will rise again after the recent 1 trillion won turnover are increasing. Detailed information and participation methods for the Bitcoin price prediction event can be checked through Kobit's official homepage and app.

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Sample News 1

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1. Check entire undelivered > modify > resend >> Undelivered status > Toggle is in hold 2. Check entire delivery > modify > toggle hold >> Whether normal or not, X sharing requires checking if the toggle ON<->OFF is causing actual double sharing 3. Register reservation > modify > check toggle status (does not apply if scenario is in hold) >> - Exception: Hankyung sharing is excluded from the test scope

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1. Complete resending > Correction > Re-sending check >> Unsent status > Toggled undo 2. Full dispatch > Correction > Toggle undo check 3. Booking registration > Correction > Toggle status check (Does not apply if toggled to scenario status) - Exception: Hankyung sharing is excluded from test scope

1. Full rehearse > Edit > Resend Check 2. Full send > Edit > Toggle Blind Check 3. Make reservation > Edit > Toggle Status Check (Does not activate if it turns out like a scenario) - Exception: Shared with HanGyeong is excluded from test scope

There is an analysis that Bitcoin (BTC), which has recently reached its highest price, may soon undergo a short-term adjustment. According to CoinDesk's data on the 11th (local time), the gap between Bitcoin's price and the 200-hour simple moving average (SMA) has widened the most since early March. At that time, Bitcoin had plummeted by 11%%. The media explained, "Bitcoin's strong rally continues, but there is an excessive aspect," adding, "The fact that the price of Bitcoin has widened from the SMA indicates that the market has moved rapidly. Investors can reassess their positions and realize profits." It further stated, "The 14-hour relative strength index (RSI), which predicts price movements, shows a low value, indicating a temporary downward trend," adding, "This suggests that the strong momentum is weakening and a sharp drop is possible soon."

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