HKEX launches digital asset index as Hong Kong expands crypto licensing

The deceased owner of the now-defunct Canadian crypto exchange QuadrigaCX was allegedly transferring user funds off the exchange and using them as a security for his own margin trading on other platforms.The news was revealed in the fifth report from court monitor Ernst & Young (EY), filed on June 19 with the Supreme Court of…

On Dec. 18 Cointelegraph reported that Tron (TRX) founder Justin Sun publicly pledged to donate $1 million to Swedish activist Great Thunberg to raise global awareness of the climate crisis. Following the COP25 UN Climate Conference in Madrid, Sun tweeted:Although Sun has pledged a donation of $1 million to Greta Thunberg’s campaign, it was left unclear as…

Facebook whistleblower Frances Haugen has taken aim at Meta in a new interview, suggesting that its version of the Metaverse will simply repeat all of its past mistakes.In an interview with Politico, Haugen said:"They've made very grandiose promises about how there's safety-by-design in the Metaverse. But if they don't commit to transparency and access and…

Binance CEO Changpeng Zhao allegedly has connections to two market makers buying and selling crypto on Binance.US. 266 Total views 4 Total shares The U.S. Securities and Exchange Commission has reportedly launched a probe into major crypto exchange Binance's U.S. arm regarding trading firms connected to Binance CEO Changpeng Zhao.According to a Tuesday report from…

Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets triggered once every 210,000 blocks mined — or roughly every four years — providing all the interested parties with ample notice and time to…

Authorities in the province say crypto mining is inimical to China's environmental conservation efforts. 352 Total views 24 Total shares Hebei, a province in Northern China, is the latest jurisdiction in the country to read the riot act to crypto miners and traders.According to Reuters on Tuesday, the province's cyberspace commission has announced plans to…

According to a new report by Liquid Collective and Obol, Ethereum’s Pectra upgrade in 2025 poses significant risks, including concerns over client, operator, and cloud diversity.

The Gibraltar Financial Services Commission has warned the public about four crypto sites that are not regulated by the country. 824 Total views 14 Total shares On June 5 the Gibraltar Financial Services Commission, or GFSC, published four public warnings against cryptocurrency websites that claim to have an alleged license to operate in the territory.According…

Bitcoin (BTC) has stopped its decline and is attempting a recovery along with select altcoins. Some traders have been fearing a massive sell-off in Bitcoin but Capriole CEO Charles Edwards said that Bitcoin’s worst crashes have happened “due to miner capitulation (December 2018 and March 2020), when BTC fell below production costs.” However, the current…