Day: 9 August 2024

Turkey is witnessing a notable increase in interest from cryptocurrency firms seeking to operate in the country. The Turkish Capital Markets Board (CMB) has reported that 47 cryptocurrency companies have applied for licences under newly introduced regulations.  This influx of applications follows the July 2 enactment of the "Law on ...

Johnny Ng, a Hong Kong lawmaker, has called on the government and banks to ease restrictions on banking services for crypto and Web3 firms, highlighting the ongoing challenges these companies face in opening local bank accounts. In a post on X today August 9, Ng, a member of the Hong ...

The BabyDogeCoin cryptocurrency project is making a bold move into the media sector, particularly children's entertainment, with the launch of BabyDogeKids, a new YouTube channel. This expansion into traditional media marks a significant shift for the crypto brand, which is known for its strong community focus, as it to bridge ...

Bitcoin Miner Bitfarms has published its financial results for Q2 2024, revealing a mixed picture of operational progress and financial challenges. The company reported a total revenue of $42 million, marking a 16% decrease from the previous quarter and falling short of analyst expectations. Bitfarms attributed this decline primarily to ...

OKX CEO Star Xu has announced that the exchange will terminate any accounts found to be using Tornado Cash in a move to bolster financial integrity and enhance compliance with international sanctions. Xu stressed that OKX's risk control mechanisms will be activated if users deposit funds from sanctioned entities like ...

Tether is planning to double its workforce by mid-2025, with a significant focus on bolstering its compliance team. According to CEO Paolo Ardoino, Tether Holdings Ltd., the company behind the USDT stablecoin, aims to expand its staff to approximately 200 employees. In an interview with Bloomberg on August 8, Ardoino ...

9th August 2024 / Singapore - Get ready for an unprecedented adventure into the Web3 world with Decode: Legacy, the world’s first immersive theatre experience, conceptualized by HashKey Capital. Hosted at the historic Raffles Hotel on 17th September 2024, 7.30PM, Decode: Legacy promises an interactive mystery thriller that spans 16 ...