The Hong Kong Monetary Authority (HKMA) has released its findings from the first phase of its experimental journey into exploring the potential benefits of a central bank digital currency (CBDC) for the region's residents. According to HKMA's report, the...
The Monetary Authority of Singapore (MAS) has initiated a significant collaboration with financial regulators from Japan, Switzerland, and the United Kingdom to foster the development of cross-border digital currency products and services. In a statement released on October 30,...
Thailand's second-largest bank, Kasikornbank (KBank), has completed the acquisition of a majority stake in the local cryptocurrency exchange Satang Pro. The deal, valued at 3.7 billion baht, approximately $103 million, was officially announced through the Stock Exchange of Thailand...
Standard Chartered's crypto custody spin-off, Zodia, has launched its operations in Hong Kong to meet the growing institutional demand for crypto services in the region. The move was announced in an exclusive report by CNBC on October 29, 2023. ...
The cryptocurrency community is buzzing with anticipation of the next Bitcoin bull run, but according to a new in-depth analysis from Matrixport, it might already be underway. Matrixport, a leading all-in-one crypto financial services platform, recently released a report...
Changpeng "CZ" Zhao, the co-founder and CEO of Binance, one of the world's leading cryptocurrency trading platforms, has experienced a dramatic decrease in his net worth. According to the most recent estimates from the Bloomberg Billionaires Index, Zhao's net...
A $6.5 million donation made by FTX to the nonprofit organization Center for Applied Rationality (CAIS) in 2022, just months before the exchange filed for bankruptcy, is now the subject of fresh legal battles for the embattled exchange. According...
Mastercard is teaming up with crypto offramp platform Moonpay to identify potential applications of Web3 technology for experiential marketing campaigns. Moonpay revealed this collaboration in an announcement on October 25, 2023. The company noted that the partnership aims to...
Anthony Scaramucci, founder of SkyBridge Capital, has expressed skepticism about Sam Bankman-Fried's chances in his ongoing criminal trial in U.S. courts; he suggested that Bankman-Fried is no match for the government prosecutors. Scaramucci voiced these concerns in an interview...
In the past 24 hours, Ethereum has witnessed a remarkable and unprecedented drop in its availability on centralized exchange platforms. Santiment, an on-chain analytics firm, reported that Ethereum's supply on exchanges is now at its lowest level since its...
