Hong Kong Regulator Nudges Lenders to Embrace Crypto Exchanges Amid Global Crackdown
Market Analysis

Hong Kong’s Cyberport a Hotspot for Web3 & Crypto Firms

June 19, 2023 0

Hong Kong’s Financial Secretary confirmed that the country’s digital initiative Cyberport has attracted over 150 web3 firms. Cyberport is managed by the wholly owned subsidiary of the Hong Kong SAR Government. Development Secretary Paul Chan […]

Market Analysis

Midas Capital Pool Exploited for $600k

June 18, 2023 0

Midas Capital has paused all its pools after suffering an exploit in one of its pools. Blockchain security firm PeckShield reported that the exploit led to a loss of over $600,000. DeFi lending and borrowing platform […]

Stablecoin’s Market Cap Sees Combined Increase as TrueUSD (TUSD) Breaches $3B
Market Analysis

TrueUSD (TUSD) Stablecoin Market Cap Crosses $3B

June 18, 2023 0

The combined market cap of the top 6 stablecoins increased significantly as TrueUSD (TUSD) reached $3 billion for the first time, according to Santiment data. Per the data aggregator, this surge in TUSD’s market cap […]

Market Analysis

Indonesia and Brazil Show US How to do Crypto Regulation

June 18, 2023 0

Countries outside of the U.S. are moving to clarify the regulatory status of different crypto assets.  With the U.S. crypto sector rocked by the Securities and Exchange Commission’s (SEC) lawsuits against Binance and Coinbase, other […]

Market Analysis

Binance US and SEC Reach Consensus on User Funds

June 18, 2023 0

Binance U.S. and the Securities and Exchange Commission (SEC) have reached an agreement to repatriate customer funds to the United States. The deal means Binance has avoided having its assets frozen and will be able […]

Market Analysis

China will lead crypto’s next bull market

June 17, 2023 0

Arthur Hayes says the crypto autumn rally will be catalysed by Chinese traders. According to the BitMEX co-founder, a weakening of the yuan amid massive credit issuance will drive capital into crypto markets. He notes […]