The price of Pepe has plummeted 15% after developers sent nearly 4% of the memecoin’s total supply to exchanges without warning.
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ARK Invest, 21Shares join queue to offer Ethereum futures ETF
The co-filing comes just a week after reports emerged that the SEC is likely to greenlight Ethereum ETF applications.
ARK Invest, 21Shares join queue to offer Ethereum futures ETF
The co-filing comes just a week after reports emerged that the SEC is likely to greenlight Ethereum ETF applications.
Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Crypto exchange HashKey, the first licensed virtual asset provider in Hong Kong, will open its doors to residents for retail trading on August 28.
According to local news reports, investors will only be allowed to invest up to 30% of their net worth into cryptocurrencies when using the platform. A risk control warning will be displayed if the limit is exceeded. However, Xiaoqi Weng, COO of HashKey, mentioned that the exchange “cannot validate users’ net worth,” and the limit is largely based on “self-verification” of assets.
Weng also disclosed that the exchange will assess users’ investment background based on information submitted during know-your-customer verification. “[Investment] Beginners are limited in what they can purchase,” said Weng.
At its debut, users can only trade Bitcoin (BTC) and Ether (ETH) on HashKey Hong Kong. The Hong Kong Securities and Futures Commission has not yet allowed margin trading of crypto products, nor crypto derivatives, among regulated exchanges, Weng noted.
Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Retail crypto trading is only days away in Hong Kong, but a mainland crackdown sees bounties offered for crypto firms and miners imprisoned.
Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Retail crypto trading is only days away in Hong Kong, but a mainland crackdown sees bounties offered for crypto firms and miners imprisoned.
Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Retail crypto trading is only days away in Hong Kong, but a mainland crackdown sees bounties offered for crypto firms and miners imprisoned.
Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Crypto exchange HashKey, the first licensed virtual asset provider in Hong Kong, will open its doors to residents for retail trading on August 28.
According to local news reports, investors will only be allowed to invest up to 30% of their net worth into cryptocurrencies when using the platform. A risk control warning will be displayed if the limit is exceeded. However, Xiaoqi Weng, COO of HashKey, mentioned that the exchange “cannot validate users’ net worth,” and the limit is largely based on “self-verification” of assets.
Weng also disclosed that the exchange will assess users’ investment background based on information submitted during know-your-customer verification. “[Investment] Beginners are limited in what they can purchase,” said Weng.
At its debut, users can only trade Bitcoin (BTC) and Ether (ETH) on HashKey Hong Kong. The Hong Kong Securities and Futures Commission has not yet allowed margin trading of crypto products, nor crypto derivatives, among regulated exchanges, Weng noted.
Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Crypto exchange HashKey, the first licensed virtual asset provider in Hong Kong, will open its doors to residents for retail trading on August 28.
According to local news reports, investors will only be allowed to invest up to 30% of their net worth into cryptocurrencies when using the platform. A risk control warning will be displayed if the limit is exceeded. However, Xiaoqi Weng, COO of HashKey, mentioned that the exchange “cannot validate users’ net worth,” and the limit is largely based on “self-verification” of assets.
Weng also disclosed that the exchange will assess users’ investment background based on information submitted during know-your-customer verification. “[Investment] Beginners are limited in what they can purchase,” said Weng.
At its debut, users can only trade Bitcoin (BTC) and Ether (ETH) on HashKey Hong Kong. The Hong Kong Securities and Futures Commission has not yet allowed margin trading of crypto products, nor crypto derivatives, among regulated exchanges, Weng noted.
Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Retail crypto trading is only days away in Hong Kong, but a mainland crackdown sees bounties offered for crypto firms and miners imprisoned.
Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2
In the quarter ended June 30, Exodus' revenue declined by 4% year-over-year, but its results were boosted by 6% cost reductions.
Bitcoin options data points to an interesting outcome after this week’s $1.9B expiry
A flurry of macro and crypto specific factors are expected to impact his week’s $1.9 billion Bitcoin options expiry.
ARK, Glassnode propose Bitcoin economic analytics framework using new metric
In Cointime Economics, the time Bitcoin has been held is considered when it is transacted, giving hodlers’ transactions greater weight.
Vessel Capital secures $55M to invest in Web3 infrastructure: Report
The venture firm has introduced its crypto fund for Web3 infrastructure and applications, promising a collaborative approach with startup founders.
The future of BTC mining and the Bitcoin halving
This week’s episode of Market Talks discusses the future of BTC mining and how miners can maximize profits, as well as the upcoming Bitcoin halving and its impact on the mining industry.
Base, Optimism unveil shared governance and revenue-sharing framework
The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows.
Known-plaintext attacks, explained
A known-plaintext attack exploits known pairs of plaintext and corresponding ciphertext to deduce encryption keys or methods.
Crypto VC inflows drop further as macro factors weigh on investments
Polychain Capital and CoinFund launch new funds, and spot Bitcoin ETFs approval rumors can’t brighten the outlook for crypto VC sector.
Bitcoin-backed property investment becomes new avenue for Cayman Islands residency
Bitcoin financial services firm Ledn’s ties with the Cayman Islands open a doorway for crypto users to use their funds to obtain real estate “golden visas.“
Balancer says $2.8M still at risk after vulnerability warning
The vulnerability was not exploited after its discovery on Aug. 22.