Hong Kong officially kicks out all unlicensed crypto exchanges

May 31, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

This regulatory crackdown underscores the SFC’s commitment to fostering a secure and transparent environment for virtual asset trading.

Circle announced a new banking partner after Silicon Valley Bank’s failure, and is expanding ties with BNY Mellon. 2125 Total views 5 Total shares Own this piece of history Collect this article as an NFTCircle has revealed that Cross River Bank — recognized for its services to fintech and crypto firms like Visa and Coinbase…

GameStop saga paves the way for a new decentralized financial order

Every significant transformation comes with a new toolset, one that is always surprising at the time and obvious in hindsight. Bitcoin (BTC), climate change and GameStop are all examples of ways in which mass action is pushing for dramatic, not evolutionary, action. We can also see that these are individual vectors of the same movement,…

‘Hang in there’ — Crypto Twitter encourages Solana community amid FTX onslaught

Sandeep Nailwal, the co-founder of Polygon, encouraged Solana community members to keep on building. 824 Total views 5 Total shares With Solana (SOL) being heavily affected by the FTX debacle, Crypto Twitter expressed sympathy and hopes that its community can make a comeback. Being one of many coins that FTX CEO Sam Bankman-Fried (SBF) supported, SOL…

Teen’s mom sues Character.ai, alleging sexed-up bots led to son’s death

The 14-year-old boy’s last interaction was with a Character.ai chatbot before he tragically shot himself in the head in February, his mom alleged in a lawsuit filed on Oct. 22.

Bitcoin decentralization is a matter of national security — Auradine CEO

According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.

Amun Launched Short Bitcoin ETP on Leading Swiss Exchange SIX

Swiss cryptocurrency financial firm Amun AG launched an Exchange Traded Product (ETP) giving investors inverse exposure to Bitcoin (BTC), called 21Shares Short Bitcoin (SBTC).As Cointelegraph Japan reported earlier today, Amun launched the derivative in question on Jan. 22 on Switzerland’s leading stock exchange, Six Swiss Exchange. The description of the product on the firm’s official…

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First leveraged MicroStrategy ETF launches in the US

The ETF could offer more leveraged exposure to Bitcoin, especially for institutional investors looking to diversify their holdings.

Avalanche launches upgraded bridge, prepping DApps for mainstream adoption

The new bridge is allegedly five times cheaper, faster, and more secure than before. The company says it is meant to act as a "growth engine" for future expansion. 208 Total views 4 Total shares Avalanche (AVAX) is replacing its months-old Avalanche-Ethereum Bridge, or AEB, with the aptly named Avalanche Bridge, or AB, according to…

UK Treasury Wants to Bring Crypto Ads Under Direct Gov’t Oversight

British consumers need stronger rules to protect them from deceptive crypto ads, says U.K. minister. 352 Total views 7 Total shares The government of the United Kingdom believes that current rules do not go far enough to protect consumers from misleading crypto ads and is advocating change.New proposals published on July 20 would, if approved,…

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