BingX confirms the resumption of withdrawal services following hack

Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September. 57 Total views 2 Total shares Coinbase president and COO, Emilie Choi, has announced that the reserves backing the stablecoin USD Coin (USDC) will be consolidated into cash and U.S. government treasuries.An Aug. 22 blog post from CENTRE Consortium,…

The Poloniex hacker moved over 17,800 Ether from six different wallets into a single Tornado Cash address.

Huobi cryptocurrency exchange will transition its HUSD token from its current stablecoin system to an ERC-20 token through a partnership with crypto startups Stable Universal Limited and Paxos Trust Company.Per a press release published on July 17, Stable Universal will develop a new ERC-20 HUSD Token, which will be pegged to the United States dollar…

American major cryptocurrency exchange Coinbase’s president and chief operating officer (COO) Asiff Hirji has left the company, Bloomberg reported on May 31.A source familiar with the issue told Bloomberg that Coinbase named Emilie Choi, vice president of business, data and international, as its new COO. Prior to the appointment, Choi — who served at Yahoo…

The NFT marketplace no longer intends to offer customer support over Discord DMs. 214 Total views 2 Total shares On Tuesday, nonfungible token, or NFT, platform OpenSea launched a server on Metalink to give the verified owners of its collections a direct channel for support, feedback and updates. In addition, OpenSea said it would no…

The $280 billion bill, which aids the semiconductor industry, also incorporated Representative Darren Soto’s bill to create a position to advise the president on blockchain. 68 Total views 5 Total shares The United States House of Representatives passed the Chips and Science Act on Thursday by a vote of 243 to 187. The bill, which…

Saturday, Feb. 2: most of the top 20 cryptocurrencies are reporting a mix of slight gains and losses on the day by press time. Bitcoin (BTC) is hovering over the $3,450 mark again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down under half percent on the day, trading at around $3,489, according…

The parent company behind the crypto wallet MetaMask has debunked "inaccurate" rumors that it is collecting tax on crypto transactions. 447 Total views 13 Total shares ConsenSys, the company behind the crypto wallet MetaMask, has hosed down rumors that it collects taxes from cryptocurrency users. The company informed its 270,000 Twitter followers on May 22 that…

“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report. 93 Total views 1 Total shares Crypto and blockchain advocates have authored a report calling for the Hong Kong government…