Hong Kong’s crypto exchange HashKey goes global with Bermuda license

Cryptocurrency exchange HashKey is set to expand its business on a global scale with a new venture aimed at qualified retail investors.

Hong Kong’s crypto exchange HashKey goes global with Bermuda license

Hong Kong‘s licensed crypto exchange HashKey launched a new venture called HashKey Global established for an international business, the company announced in an X post ...

5 months ago

PayPal opens PYUSD stablecoin to USD conversions for cross-border transfers

The cross-border payments will be handled via PayPal’s Xoom subsidiary.

PayPal opens PYUSD stablecoin to USD conversions for cross-border transfers

PayPal will allow all United States users outside the state of Hawaii to fund money transfers to family and friends abroad using U.S. dollars converted from its native stablecoin PayPal USD (PYU...

5 months ago

US gov’t commits $3.6M to address cybersecurity skill shortage

NIST allocated nearly $3.6 million in cooperative agreements to enhance the cybersecurity workforce aiming to combat the growing threat of cyberattacks.

US gov’t commits $3.6M to address cybersecurity skill shortage

The United States National Institute of Standards and Technology (NIST) said it awarded cooperative agreements of almost $3.6 million, aiming to build a workforce to help guard businesses agains...

5 months ago

Ethena Onboards Bitcoin as Backing Asset to Make USDe 'Safer'

The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.

Ethena Onboards Bitcoin as Backing Asset to Make USDe 'Safer'

The platform has generated yields by shorting ether (ETH) futures and pocketing funding rates since its January rollout. Ethena's USDe is supposed to ma...

5 months ago

Bhutan to increase Bitcoin mining operations sixfold ahead of halving

Bhutan and Bitdeer are set to expand Bitcoin mining capacity amid halving concerns, aiming to expand the nation’s mining capacity by 500 megawatts by 2025.

Bhutan to increase Bitcoin mining operations sixfold ahead of halving

Bhutan‘s investment arm, Druk Holding & Investments (DHI), is gearing up to boost its mining production in collaboration with Nasdaq-listed mining conglomerate Bitdeer&n...

5 months ago

Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino

WORMHOLE'S W TOKEN OFFERS 999% WEEKLY RETURN ON SOLANA'S KAMINO PLATFORM

Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino

Staking bridging application Wormhole’s newly released W token is making traders 999% a week as long as its capacity on Kamino, a decentralized finance (DeFi) platform on Solana,...

5 months ago

Asian Bitcoin Investors Face Volatility Due to Automated ETF Trading Bots: Report

The recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that track US ETF flows.

Asian Bitcoin Investors Face Volatility Due to Automated ETF Trading Bots: Report

In Asia, investors face turbulent times as automated trading bots react to data streaming from spot Bitcoin exchange-traded funds (ETFs). A 

5 months ago

Bithumb posts 57% annual loss soon after delayed IPO

The financial loss comes days after reports of Bithumb facing potential internal issues that led to the delay of its planned IPO.

Bithumb posts 57% annual loss soon after delayed IPO

Bithumb Korea, the operator of the South Korean cryptocurrency exchange Bithumb, posted a 57% loss in annual revenue for the fiscal year of 2023. The Seoul-based exchange’s annua...

5 months ago

SEC’s closed-door policy stifling crypto innovation — Hester Peirce

“Crypto Mom” called for more positive engagement with crypto firms and fewer enforcement threats from the SEC.

SEC’s closed-door policy stifling crypto innovation — Hester Peirce

United States Securities and Exchange Commission Commissioner Hester Peirce has taken another swipe at her agency, criticizing the regulator’s guidance on crypto custody while calling for ...

5 months ago

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF

CrowdSwap Optimistic About ETF’s Growth Trajectory

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF

Decentralized exchange CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF), comprising several crypto assets including Bitcoin and Ethereum.

5 months ago

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