FTX, one of the largest cryptocurrency exchanges in the world, filed for bankruptcy last month. The collapse of the exchange caused millions of dollars to be wiped from the cryptocurrency market and had a contagion effect on affiliated...
Hong Kong's Financial Services and the Treasury Bureau (FSTB) have established guidelines for the development of virtual assets and their ecosystems. They also intend to tokenize the Government Green Bond issuance as well as facilitate a possible launch...
Core Scientific, one of the world's largest Bitcoin miners, has reportedly filed for Chapter 11 bankruptcy protection in Texas today. The decision was made due to financial difficulties caused by falling cryptocurrency prices and high energy costs. According...
On Monday, the Indian government provided updates on its cryptocurrency bill and investigation of crypto exchanges in the Lok Sabha, the lower house of parliament. During the session, parliament member Bhartruhari Mahtab asked the Minister of Finance to...
Edward Snowden, a National Security Agency whistleblower, has offered to take the position of Twitter CEO and is willing to accept payment in Bitcoin. He expressed his opinion in a tweet after Twitter CEO Elon Musk asked for...
Solana has officially launched Solcial, its first social media network on its mainnet today. Solcial has been running since November but access was previously limited to invited users. The network has about 1,200 users onboarded and is now...
CoolBitX, a blockchain security firm, has launched CoolWallet Hot, a Web3 wallet that allows cryptocurrency users to securely store their assets. This was announced in a press release on December 18. The company is known for providing a...
Solicitors representing FTX, the bankrupt cryptocurrency exchange, have asked the Federal Court for permission to sell four of its subsidiaries. These subsidiaries include Embed Business, FTX Europe, Ledger X, and FTX Japan. This was revealed in a document...
Hong Kong Exchanges and Clearing Limited (HKEX) has announced the launch of two crypto asset ETFs today: CSOP Bitcoin Futures ETF (stock code: 3066) and CSOP Ether Futures ETF (stock code: 3068). This will be the first crypto...
In a tweet yesterday, Michael Saylor, co-founder of Microstrategy, stated that Ethereum is likely to crash like TerraLuna. He questioned the token's transition to the Proof-of-Stake consensus mechanism. He compared it to Bitcoin, praising the latter for its...
