Web3 infrastructure firm Jump Crypto and decentralized finance (DeFi) platform Oasis.app have conducted a “counter exploit” on the Wormhole protocol hacker, with the duo managing to claw back $225 million worth of digital assets and transfer them to a...
The International Monetary Fund (IMF) published a nine point-action plan discussing policies around crypto assets and recommending countries not to give them legal tender status. “Safeguard monetary sovereignty and stability by strengthening monetary policy frameworks and do not grant...
GenTwo Digital, the crypto-asset securitization platform based out of Crypto Valley in Zug, Switzerland, today announced a partnership with Coinbase, the publicly-listed cryptocurrency platform. This new partnership for GenTwo Digital allows all Coinbase crypto assets to be wrapped in...
According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to Ethereum’s 1,080,839 transfer count. L2 Scaling Solution Arbitrum’s Daily Transfers...
Federal and New York regulators object to the billion-dollar deal, saying it is potentially unlawful and discriminatory. Source link
Cryptocurrency exchange Gate.io is gearing up to launch a presence in Hong Kong following the local government’s planned $6.4 million (50 million Hong Kong dollar) cash injection into Web3 as per the city’s 2023-24 budget. Gate Group said on...
Does crypto need to improve its image, put the wild west days in the past, and get real? With institutional investors looking on, and an increasing number of entities being set up to enable crossovers between traditional finance and...
Gemini, the popular bitcoin & crypto exchange company, today announced the launch of electronic over-the-counter trading (eOTC), an automated crypto trading solution designed for institutions. The Gemini eOTC solution offers a variety of advantages to institutional traders including: Competitive...
Bitcoin cash jumped to a fresh seven-month high on Tuesday, as prices rallied, despite bearish sentiment increasing. Today’s move comes as the global cryptocurrency market cap is trading 1.50% lower at the time of writing. One of the most...
Requiring foreign entities who have already issued stablecoins to set up a Hong Kong entity for issuing stablecoins might throw up complications. Source link