The Hong Kong Monetary Authority (HKMA) has announced participants, including Standard Chartered and Animoca Brands, for its stablecoin issuer sandbox to foster the development of Hong Kong's stablecoin ecosystem.
Bankrupt crypto lender BlockFi will begin its first temporary distribution of crypto assets through Coinbase in July, but non-U.S. clients are currently ineligible due to regulatory requirements.
Mt. Gox creditors are reporting numerous unauthorized login attempts on their accounts, with the claims website currently down for maintenance.
Polygon (MATIC) is undergoing significant upgrades, including a token transition to POL by September 2024, as part of its 2.0 roadmap to enhance its ZK solutions and layer 2 chains ecosystem.
WazirX, a major Indian crypto exchange, suffered a security breach where over $230 million in crypto assets were unauthorizedly transferred from its multisig wallet.
XRP has surged 40% in the past week, fueled by speculation about Ripple Labs settling its legal issues and the launch of new financial instruments, making it the best-performing major cryptocurrency.
Donald Trump supports cryptocurrency and plans to launch a fourth NFT collection, emphasizing U.S. leadership to counter China's progress.
Institutional interest in Bitcoin surges as spot Bitcoin ETFs see significant inflows, reaching past 5,000 BTC in Hong Kong and driving Bitcoin prices above $65,000.
The SEC is expected to approve multiple Ethereum ETFs, including those from BlackRock, VanEck, Franklin Templeton, Grayscale, and ProShares, for trading next week.
OKX crypto exchange will exit Nigeria by August 16, 2024, due to unfavorable local regulations, advising users to close positions and withdraw funds before the specified date.