Hong Kong’s Project Ensemble sandbox ready to test asset tokenization
The HKMA’s project is gearing up for more testing after successful initial trials.
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How are Bitcoin options traders positioning for the US banking crisis?
For the past 14 days, cryptocurrency markets have been trading within an unusually tight 7.1% range. In other words, investors are unwilling to place new bets until there’s additional regulatory clarity, especially in the United States.The total crypto market capitalization fell by 1% to $1.2 trillion over the seven days ending May 4, primarily as…

‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289.

World Bank won’t support Central African Republic’s Sango crypto hub
The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin. 367 Total views 9 Total shares The World Bank has signalled its concerns over the Central African Republic (CAR) adopting Bitcoin (BTC) as a legal currency…

BitPay Restores Service to All Bitcoin Wallets to Drive Mainstream Adoption
The leading provider of Bitcoin (BTC) and cryptocurrency payment services, BitPay, announced on Feb. 4 that the company will soon allow invoices to be paid from any Bitcoin wallet or exchange. BitPay CEO Stephen Pair told Cointelegraph that the decision to enable merchant payments from any Bitcoin wallet was driven by merchant feedback, putting control back…

Argentinean Gov’t Blockchain Hacked to Spread Fake News on Coronavirus
In the midst of the global emergency caused by the Coronavirus pandemic, the Argentine government confirmed on March 14 that they suffered a hack on the website of their official gazette (Boletin Official) based on blockchain technology, where false statements regarding the coronavirus were spread.According to officials quoted by El Cronista, there were direct hacking…

Solana entities sold 50M tokens to FTX — How long will SOL price suffer?
Solana (SOL) has lost 60% of its market value in a week due to its exposure to the now-defunct crypto exchange FTX, which could continue to haunt the "Ethereum killer" well into the future.FTX/Alameda exposure hurting Solana priceFTX and its sister-firm Alameda Research is liable to have control over 50 million SOL, according to Solana's statement…

Crypto adoption is a ‘huge challenge,’ says Chinese central bank exec
PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins. 881 Total views 41 Total shares The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central bank has warned.Wen Xinxiang, director of the payment and settlement department at the…

Here’s how to prevent NFT theft, according to industry professionals
As nonfungible tokens (NFTs) attract more users, they also capture the eyes of scammers. Bad actors in Web3 have set their sights on digital collectibles, with millions being lost through scams and various attacks. However, according to professionals working in the Web3 space, there are multiple ways and tools to prevent being a victim of NFT…