Crypto News Center

Hong Kong Regulator Cracks Whip on Seven Unlicensed Crypto Exchanges

The financial authorities in Hong Kong are set to soon release the results of the stablecoin consultation report as part of the region’s legislative proposal to oversee the industry.  Hong Kong’s topmost financial regulator, the Securities and Futures Commission (SFC), has issued an alert against seven crypto trading platforms for operating in the region illegally without securing the proper licenses. The Hong Kong SFC maintains the public records of all...

CXT is live and available for trading!

We’re thrilled to announce that Covalent (CXT) is now available on Kraken! Funding and trading CXT trading is live as of 14:00 PM UTC today, August 8th, 2024. To add $CXT to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your tokens using the networks supported by Kraken. Deposits made using other networks will be lost. CXT is tradeable on...

Developing nations hold key to AI, blockchain’s next frontier

Homepage > News > Business > Developing nations hold key to AI, blockchain’s next frontier This post is a guest contribution by George Siosi Samuels, managing director at Faiā. See how Faiā is committed to staying at the forefront of technological advancements here. As artificial intelligence (AI) and blockchain continue to deepen their impact on the global economy, developing nations are emerging as the driving force behind some of the...

China makeup mogul becomes billionaire on hot Hong Kong debut

One of China’s best known makeup artists, Mao Geping, became a billionaire as his beauty company soared as much as 87% after beginning trading in Hong Kong, capping a remarkable run that’s seen the former opera performer’s premium powders and lotions defy the nation’s consumer slowdown. His skincare and cosmetics firm Mao Geping Cosmetics Co., which listed Tuesday, raised HK$2.3 billion (about $300 million) in its initial public offering after...

Yen snaps five-day gain, weakens versus dollar in choppy trading

The currency then clawed back much of the intraday loss amid choppy trading and was down 0.6% at 145.02 as of 9:58 a.m. in Tokyo. By Bloomberg  August 6, 2024, 7:57:11 AM IST (Published) The yen weakened more than 1% against the dollar on Tuesday morning, halting a five-day surge that gathered pace when the Bank of Japan hiked interest rates last week. Top Gainers Top Losers Most Active Price...

Binance executive released after being detained in Nigeria for over 7 months

Court cites health issues in Gambaryan's release. Key Takeaways Tigran Gambaryan was released from detention on health grounds. Charges of money laundering and currency manipulation against Gambaryan were dropped. Binance executive Tigran Gambaryan was released from a Nigerian prison after being detained since late February on charges of money laundering and currency manipulation, the government’s lawyer said in court on Wednesday. The Nigerian authorities have also dismissed charges against Gambaryan....

Neck-and-neck fight: Stock market says Harris is winning, but top executives and cryptocurrency traders say Trump is going to win US elections

Neck-and-neck fight: Stock market says Harris is winning, but top executives and cryptocurrency traders say Trump is going to win US elections The Feed Last Updated: Nov 02, 2024, 01:43:00 AM IST Synopsis The US stock market is pointing towards a victory for Kamala Harris, based on the recent index performance of S&P 500. Mewhile, top executives at Wall Street are rooting and bracing for Donald Trump to retain control...

What’s next for Bitcoin price now that German gov't BTC balance hits zero?

The German government got rid of all of its Bitcoin, but it could still be a bit early to expect a trend reversal in BTC price. 15912 Total views 17 Total shares Own this piece of crypto history Collect this article as NFT On July 12, the X social network was aflame with multiple on-chain data outlets and independent analysts announcing that the German government’s Bitcoin wallets now have a...

Bitcoin Transaction Volume on Exchanges Hits $1.14B amid Market Turbulence

In addition to Bitcoin transactions reaching an all-time high of $1.14 billion, separate data from blockchain analytics firm Dune shows that activity on the network surged. Bitcoin (BTC) transactions on centralized exchanges have reached a new all-time high, despite the ongoing market turbulence that pushed the crypto asset back into the $50,000 range on Monday. According to data from Blockchain.com, US-based crypto exchanges processed a total of $1.14 billion worth...

Ethereum (ETH) Whales Dive Into Mpeppe (MPEPE) Ecosystem Utility On ETH Blockchain

Ethereum (ETH) whales are setting their sights on an emerging star: Mpeppe (MPEPE). As Ethereum (ETH) continues to underpin a myriad of innovative projects, Mpeppe (MPEPE) is carving out its niche by offering a unique blend of blockchain technology, sports enthusiasm, and meme culture. Here’s why Ethereum (ETH) whales are increasingly drawn to the Mpeppe (MPEPE) ecosystem and its utility on the ETH blockchain. Unveiling the Mpeppe (MPEPE) Ecosystem: A...