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Bitpanda Bows Out From Netherlands, Bitcoin ETF Arrives in Hong Kong
January 30, 2024
Two significant developments have recently unfolded in the cryptocurrency world. In the Eastern world, Hong Kong sees its first application for a spot Bitcoin Exchange-Traded Fund (ETF), filed by Harvest …
Read moreBitcoin Price Rises Above $43K, Bolstered by Positive Market Trends
January 30, 2024
Bitcoin has shown remarkable resilience, surging past the $43,000 mark once more amid emerging positive market signals. This increase comes after recovery from a dip below $40,000 in the recent …
Read moreCrypto-to-Fiat Conversions Streamlined by Partnership Between Transak and Visa Debit
January 30, 2024
Crypto payments company Transak has securely teamed up with Visa to combine Visa debit abilities into its global off-ramp service. This effectively expands the possibilities for crypto to fiat off-ramps, …
Read moreSEC Expected to Approve Ethereum ETFs by May, Predicts Standard Chartered
January 30, 2024
Standard Chartered Bank projects that the U.S. Securities and Exchange Commission (SEC) will likely approve spot Ethereum exchange-traded funds (ETFs) by May 23, basing this anticipation on the timelines and …
Read moreAbracadabra Finance’s MIM Stablecoin Plummets Following $6.5M Exploit
January 30, 2024
Abracadabra Finance, a decentralized finance (DeFi) lending protocol, recently suffered a security breach leading to a substantial crash in the value of its Magic Internet Money (MIM) stablecoin. The exploit …
Read moreRecord $2.17 Billion Bitcoin Seized by German Authorities in Piracy Operation
January 30, 2024
In a historical event, German authorities have successfully confiscated 50,000 Bitcoin, valued at an astronomical $2.17 billion from a piracy website in a sting operation carried out in mid-January, marking …
Read moreCrypto Hacks and Scams Dropped By 27.78% in 2023, $675M Recovered: PeckShield Report
January 30, 2024
In its most recent report, blockchain security firm PeckShield revealed that crypto-related scams and hacks had reduced by 27.78% on a YoY basis, indicating the industry's increasing vigilance against these …
Read moreFloki Ceases Staking Program Following Hong Kong Regulator Scrutiny
January 30, 2024
In response to increasing regulatory oversight, Floki has temporarily suspended its staking program in Hong Kong. The Securities and Futures Commission in Hong Kong has recently marked Floki's staking initiatives …
Read moreBinance Adapting to New Methods for Asset Custody and Recovery of Market Share
January 30, 2024
Binance, a leading cryptocurrency platform, has introduced a new security feature for institutional investors to manage their trading collateral securely via a third-party partner, addressing the issue of counterparty risk. …
Read moreThree Individuals Charged in Huge $1.9B Crypto Fraud
January 30, 2024
Three individuals face serious charges in a massive $1.9 Billion cryptocurrency scam. The involved parties could face up to five years of federal imprisonment if convicted of the fraud. Additionally, …
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