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Hong Kong officially kicks out all unlicensed crypto exchanges

This regulatory crackdown underscores the SFC's commitment to fostering a secure and transparent environment for virtual asset trading.

Open sourcing lets developers explore beyond initial ideas: Trust Wallet

Trust Wallet’s head of engineering, Luis Ocegueda, discusses Barz, an open-source smart wallet solution compatible with ERC-4337.

Bitcoin whale accumulation echos 2020: CryptoQuant CEO

CryptoQuant CEO Ki Young Ju highlights similarities between Bitcoin whale accumulation in 2024 and mid-2020, suggesting potential bullish trends as high on-chain activity continues despite low price volatility.

PEPE trading volumes surge 3X from start of May just days after ATH

Pepe’s price has slid 12% since reaching all-time highs, but trading volume has surged by 216%, indicating heightened interest from traders.

McHenry urges Senate to pass FIT21 crypto bill before election

The United States House’s widely positive vote on the crypto-regulating FIT21 bill should be “a wake-up call” to the Senate to quickly pass it, says Rep. Patrick McHenry.

Bitcoin firm, Texas university partner for $5M endowment fund

Bitcoin financial services firm and UATX plan to raise $5 million to invest in BTC for the next five years.

OpenAI stopped 5 campaigns that used its tech for ‘deceptive influence’

The AI firm has terminated accounts linked to several alleged foreign covert influence operations.

Warren prods drug agencies about crypto links to fentanyl trade

Senators Elizabeth Warren and William Cassidy say crypto has played an “increasingly prominent role” in the fentanyl industry.

Dogwifhat 10% drop could be ‘catastrophic,' but traders bet on bounce

The WIF meme coin is trading below what some believe is a concerning price level, but many traders are seemingly “betting on a WIF bounce.”

RFK Jr. latest to vow end to US crypto ‘hostility’

Independent U.S. presidential bidder Robert F. Kennedy Jr. wants to keep America as “the hub of blockchain technology” and end laws driving companies abroad.

Mt Gox not dumping Bitcoin just yet, Hong Kong boots out crypto exchanges: Asia Express

Bitcoin markets are safe from a Mt Gox dump for now, Hong Kong to boot out unlicensed exchanges, Binance sells Gopax claims at rock bottom.

How 1,500 new Bitcoin millionaires per day deal with getting rich

Around 1,500 Bitcoin wallets top the million-dollar mark each day. How does your lifestyle and mindset change when you become a newly minted crypto millionaire?

TRUMP token recovers from nasty dip after Donald Trump guilty verdict

Meanwhile, the Jeo Boden (BODEN) meme coin linked to Trump’s arch-rival, Joe Biden, rallied 6.4% in the first 15 minutes before dumping again.

Former banker sentenced to 41 months for crypto fraud

Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards.

Tornado Cash sentence 'radically unfair and unreasonable' — Nym CEO

CEO Harry Halpin pointed to history and used Nazi Germany as an example of why digital privacy must be protected in the 21st century.

DePIN networks can disrupt Big Tech and free the internet

DePIN networks can eat infrastructure the way software consumed most commerce. Akash, Helium and Filecoin are at the forefront of that movement.

US pro-crypto super PAC Fairshake gets $25M from Andreessen Horowitz

The major contribution comes a day after the PAC received an equal amount from Ripple.

Implementing FIT21 could be a ‘slow, slow process’ — CFTC Commissioner

Summer Mersinger anticipates extensive coordination and potential delays in the implementation of FIT21 across U.S. regulatory agencies if it is enacted.

SEC Commissioner pitches safe space for digital securities experiment

Hester Pierce said her “sandbox” pitch would offer opportunities for cross-border collaborations between blockchain firms without fear of regulatory threats.

New York sets customer service standards for virtual currency entities

The BitLicense just got a little tougher with new mandatory standards for treating customers right.

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