Category : Blockchain

Blockchain

New Huo Tech Reports Explosive Revenue Growth Amidst Increased Losses

New Huo Tech, a Hong Kong-listed tech company, recently reported its mid-year financial performance for the period ending on March 31, 2023. (Read More)

First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance

Asia's leading trust company and qualified custodian, First Digital, is making waves in the global financial ecosystem with the announcement of its new stablecoin, First Digital USD (FDUSD) (Read More)

Tether USD₮ Sets New Record Cementing Its Status as the Top Stablecoin for Global Financial Freedom

Tether, the leading blockchain-enabled platform behind the widely used stablecoin, USD₮, has achieved a significant milestone by surpassing its previous all-time high market cap of $83.2 billion, which was set in May 2022. (Read More)

Hong Kong SFC Chief Executive: New Guidelines for Crypto Trading Platforms Prioritize Investor Protection

The Hong Kong Securities and Futures Commission (SFC) announced that the upcoming guidelines for operators of virtual asset trading platforms will place investor protection at the forefront. (Read More)

Tether Amplifies Cryptocurrency Presence in Georgia: Invests in Payment Processor CityPay.io

Tether Operations Limited (USDT issuer), the driving force behind the highly adopted stablecoin blockchain platform tether.to, has magnified its presence in Georgia's cryptocurrency landscape through a strategic investment in CityPay.io. (Read More)

Tether Ventures into Sustainable Energy Production and Bitcoin Mining in Renewable-Rich Uruguay

Tether, the company renowned for powering the world's foremost stablecoin, announced today its ambitious venture into energy production and sustainable Bitcoin mining in Uruguay. (Read More)

Blockchain Labs and HashKey Capital Launch Future3 Campus, a Web3.0 Innovation Incubator

Blockchain Labs and HashKey Capital have announced a joint initiative to establish Future3 Campus, a Web3.0 innovation incubator aimed at promoting the global Web3.0 ecosystem. (Read More)

UAE Central Bank and Hong Kong Monetary Authority Bolster Financial Ties

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened a bilateral meeting on May 29, intending to amplify cooperation in the financial services arena between the two regions. (Read More)

Chainalysis Acquires Transpose to Bolster Blockchain Data Infrastructure and Accelerate Towards an On-Chain Future

Chainalysis, the leading blockchain data and analytics provider, announced the acquisition of Transpose, a prominent blockchain data and infrastructure firm. (Read More)

Crypto Exchange bitFlyer Implements Travel Rule for Crypto Asset Transfers

BitFlyer, a leading Japanese crypto asset exchange operator, announced the implementation of new regulations known as the travel rule, aimed at preventing criminal activities and enhancing security in the crypto industry. (Read More)

Worldcoin Emerges as Largest Deployer of Safe Wallets on Polygon Blockchain, Onboards 1.2 Million Self-Custodial Safe Smart Accounts

A tweet from Worldcoin states that they have successfully onboarded an impressive 1.2 million self-custodial Safe Smart Accounts (Read More)

Crypto Exchange BKEX Halts Withdrawals Amid Money Laundering Investigation

In a surprise announcement on May 29, 2023, BKEX, one of the major cryptocurrency exchanges, has temporarily suspended user withdrawals due to alleged involvement in money laundering activities. (Read More)

Significant Unlock of Optimism's OP Tokens Imminent, Wintermute Transfers a Large Batch to Binance

According to Token Unlocks data, a significant amount of Optimism's OP tokens is scheduled for release on May 31st. A total of 386,547,056.64 OP tokens, equivalent to approximately $587 million and accounting for 9% of the total supply, are set to be...

Ethereum Improvement Proposal 4844 Implementor Call: Deneb API Versioning, Execution Header Updates, and Devnet 6 Planning

Terence.eth, a well-known Ethereum Community Developer, shared significant updates following the recent Ethereum Improvement Proposal (EIP) 4844 implementor call. (Read More)

Reuters: Binance Australia Users Rush to Sell Bitcoin Amid Payment Issues

According to a recent report by Reuters, Bitcoin prices on Binance's Australian platform were almost A$9,000 lower than those on rival exchanges on Tuesday. (Read More)

Shaping the Future of Banking: Standard Chartered and PwC China Release White Paper on Central Bank Digital Currency"

Standard Chartered, in collaboration with PwC China, have co-published a comprehensive white paper detailing the potential advancements in the future of banking, courtesy of Central Bank Digital Currency (CBDC). (Read More)

Beijing's Chaoyang District to Invest RMB 100 Million Annually to Foster Web 3.0 Ecosystem

Starting this year, Beijing's Chaoyang District will invest at least RMB 100 million annually into the development and growth of the Web 3.0 industry ecosystem. (Read More)

Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum

On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the "Beijing Web 3.0 Innovation and Development White Paper (2023)" at the parallel forum of the Z...

Official Committee of Unsecured Creditors of FTX Responds to IRS's $44 Billion Claims

The Official Committee of Unsecured Creditors of FTX, a now-bankrupt cryptocurrency exchange, has publicly responded to the U.S. Internal Revenue Service's (IRS) staggering $44 billion in claims against various debtors affiliated with FTX. (Read More...

Jimbos Protocol Loses $7.5M in Ether Due to Security Breach, JIMBO Token Value Plummets

Security breach in Jimbos Protocol, a liquidity protocol operating under the Arbitrum system, resulted in a significant loss of 4,000 Ether (ETH), approximately worth $7.5 million, on May 28. (Read More)

Curve Finance CEO Michael Egorov and Spouse Acquire Two Melbourne Mansions, Amassing an Impressive 5663 Square Metre Estate

In an unprecedented move showcasing a hefty investment in Australia's property market, Curve Finance(CRV) CEO Michael Egorov and his wife Anna have made a grand purchase in the heart of Melbourne, (Read More)

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