Hong Kong brokerage Futu halts crypto futures over regulatory issues
Non-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities. Go to Source Powered by WPeMatico
Month: June 2021
South Korean crypto exchanges banned from handling coins they issued themselves
Exchange tokens are falling under the scrutiny of South Korean regulators. Go to Source Powered by WPeMatico
Flexa AMP cryptocurrency hits new highs on Coinbase listing — Up 1,700% in 2021
The payment system’s in-house token passes $0.11 as partner Shopify plans to reach out to Facebook and Google merchants. Go to Source Powered by WPeMatico
Bitdao Collects $230 Million in Private Capital From Investors
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi R&D, Funding, & Liquidity As decentralized finance (defi) slowly regains its footing following the May … Read more
Genesis Digital Assets Purchases 10,000 Bitcoin Miners from Canaan
The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and A1166 Pro Avalonminers by the end of the month. Canaan to Deliver 10,000 Bitcoin Miners to Genesis Digital Assets The company Canaan (Nasdaq: CAN) has … Read more
‘Millionaire’ whales gobble up 90,000 Bitcoin over past 25 days
Whales appear to be accumulating in anticipation of higher prices, with “millionaire” wallets increasing their holdings by 90,000 BTC in just 25 days. Go to Source Powered by WPeMatico
World Bank refuses El Salvador’s request for help on BTC transition
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender. Go to Source Powered by WPeMatico
SynFutures raises $14M for derivatives DEX supporting ‘anything with a price feed’
Polychain Capital led the derivative DEX’s $14 million Series A round. Go to Source Powered by WPeMatico
Thailand’s XSpring Capital raises $225M to build integrated financial marketplace
Thai companies and millionaires have funded the firm which aims to bridge traditional and digital finance. Go to Source Powered by WPeMatico
Korean Exchanges Delist High-risk Coins as They Face Tough Regulations
Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. South Korean Exchanges Wipe Trading Lists of Risky Digital Assets Trying to meet Seoul’s … Read more
