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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

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 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

Ellipsis Labs will use the new funding to accelerate the progress of DeFi up and down the stack.

Paradigm leads $20M funding round for Ellipsis Labs’ DeFi expansion

Ellipsis Labs, a developer in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm leading the investment round. According to a post on X, E...

5 months ago

Fines and Imprisonment for eToro Reps

Philippines SEC Says eToro Unauthorized to Sell Securities

The Securities and Exchange Commission (SEC) in the Philippines said the retail trading platform eToro is unauthorized to sell or offer securities to the public in the Philippines. In ...

5 months ago

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

The Frax token (FRAX), a crypto-collateralized stablecoin pegged to the U.S. dollar, and its staked version, sFRAX, will become native to the Cosmos ecosystem via Noble.

Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble

Frax Finance partners with Noble to bring FRAX and sFRAX tokens from Ethereum to the Cosmos ecosystem. Noble is a Cosmos application-specific blockchain des...

5 months ago

The Bank of England and the U.K.’s financial regulator, the Financial Conduct Authority, aim for the inaugural group of applicants to join the Digital Securities Sandbox in autumn 2024.

Bank of England and FCA launch digital securities sandbox for DLT testing

The Bank of England (BoE) and the Financial Conduct Authority (FCA) have begun a consultation on the draft guidance for their Digital Securities Sandbox (DSS), which is designed to allow partici...

5 months ago

The report added that Google’s traditional search engine would remain free of charge, and advertisements would continue to appear alongside search results even for subscribers.

Google eyes paid AI search features, explores subscription model: Report

Google is considering introducing premium features powered by generative artificial intelligence (GenAI) in its search engine. The move would mark the first time a core Google product ...

5 months ago

“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