Bybit Marked as Suspicious by Hong Kong Regulator Amid License Bid
Hong Kong’s financial watchdog has labeled the cryptocurrency exchange Bybit as “suspicious.” This comes even as Bybit’s local branch, Spark Fintech, has applied for a...
Author : Mridul Srivastava
Hong Kong Launches Sandbox for New Stablecoin Ventures
The Hong Kong Monetary Authority (HKMA) took a significant step on March 12 by initiating the stablecoin issuer sandbox arrangement. This innovative platform is crafted...
OKX Gains License for Singapore Crypto Expansion
The Monetary Authority of Singapore (MAS) has approved a payments license for OKX. This decision allows OKX to introduce digital payment token services and handle...
Coinbase Takes Bold Steps with Convertible Debt
On March 13, 2024, Coinbase announced its plan to raise $1 billion by selling convertible bonds. This move comes as digital assets see a significant...
El Salvador Bets Big on Bitcoin for Future Wealth
In an inspiring turn of events, venture capitalist Tim Draper has highlighted El Salvador’s interesting move to adopt Bitcoin. On the Web3 Deep Dive podcast,...
Bitcoin Hits Record High Above $72,000
Bitcoin’s price recently soared, reaching over $72,000. This comes after a week where crypto exchange-traded products (ETPs) saw a massive $2.7 billion influx. CoinShares analyst...
Biden Budget Targets Crypto for Higher Revenue
On Monday, President Joe Biden unveiled a budget proposal with eye-catching measures aimed at the cryptocurrency sector. The administration believes these steps could bring in...
Crypto Scams Cost Users $104 Million in Early 2024
In a startling revelation, Scam Sniffer reported that the first two months of 2024 saw cryptocurrency users lose over $104 million to phishing scams. Ethereum...
Ex-Morgan Stanley Chief Confirms Bitcoin’s Enduring Presence
Ex-CEO of Morgan Stanley, James Gorman has expressed unwavering support for Bitcoin longevity. However, Gorman has also highlighted the high volatility and speculative nature of...
SEC Outlines Deadline For Bitcoin Spot ETFs Approval Process, Here’s When
The United States Securities and Exchange Commission (SEC) has revealed a crucial date for the process of approving Bitcoin Spot Exchange-Traded Funds (ETFs) for applicants...