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The move comes a month after authorities in the City updated financial regulations to allow for retail investors to buy spot crypto ETFs.
Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), is moving towards allowing retail investors to buy spot crypto Exchange Traded Funds (ETFs). &ldquo...
10 months ago
Blockchain security firm CertiK believes the $2.4 million draining of a CoinSpot hot wallet is likely the result of a “private key compromise.”
Australian crypto exchange CoinSpot has reportedly been hacked for $2.4 million in a “probable private key compromise” over at least one of its hot wallets. According to a ...
10 months ago
The law would also forbid federal agencies from formulating regulations that forbid cryptocurrency self-custody.
US Senator Ted Budd (R-NC) has presented the Keep Your Coins Act, which would safeguard a person’s ability to interact with cryptocurrency assets without the assistance of a thir...
10 months ago
SEBA Bank said today that its subsidiary in Hong Kong obtained an official license from the SFC to operate crypto-related services.
SEBA Bank, a Swiss crypto bank, obtained a license from Hong Kong’s Securities and Futures Commission for its subsidiary to operate crypto-related services in the city. SEBA said...
10 months ago
Backpack CEO Armani Ferrante discusses Backpack’s exchange launch in Dubai and its future role in the Solana ecosystem.
Episode 95 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Backpack Founder & CEO Armani Ferrante.
10 months ago
The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.
A regulated product that allows U.S. investors to gain exposure to Chainlink’s LINK is trading at a 200% premium to spot prices, suggesting institutional demand. Prices of Graysc...
10 months ago
Crypto ATMs are continuing to expand globally with over 32,500 installed so far, Financial Times reported.
Crypto ATMs allow everyday individuals to convert traditional fiat money into cryptocurrencies and vice versa, offering a level of convenience akin to standard bank ATMs. European oper...
10 months ago
Coatue also marked down its stake in MoonPay by 90%
The valuation of non-fungible token (NFT) marketplace OpenSea has been slashed by 90% by asset manager Coatue Management, according to documents seen by The Information. In 2022, ...
10 months ago
Yet another crypto executive will be leaving his company at the end of the month.
Over the past year, major crypto platforms have been losing C-suite members either to other firms or to other markets entirely. Kraken, Coinbase, Binance, and even FTX, prior to its cr...
10 months ago
The Arbitrum Coalition will keep track of the effects of the staking mechanism for 12 months, providing quarterly updates and qualitative reporting to the community.
The decentralized autonomous organization (DAO) of Ethereum-based layer-2 scaling solution Arbitrum has passed a proposal enabling users to stake the network’s native token, ARB, in exchan...
10 months ago
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