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  • hong-kong-brokerage-futu-halts-crypto-futures-over-regulatory-issues


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    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. A major Hong Kong-based online brokerage firm has reportedly suspended cryptocurrency futures trading due to regulatory concerns.Futu Securities, one of the biggest trading brokerages in Asia, has halted support of crypto futures contracts and trading services in response to regulatory requirements,… More

  • defi-will-bring-global-revolution-to-the-traditional-finance-space
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    DeFi will bring global revolution to the traditional finance space

    DeFi has marked the birth of an open alternative to the current financial system, promising broader financial inclusivity. Decentralized finance came to life with the inception of Ethereum in 2013. However, it truly hit the ground running in 2016–2017 with the backing of Ethereum developers and some entrepreneurs and experts in the financial investment sphere.… More

  • altcoin-roundup:-post-crash-prices-give-investors-a-chance-to-build-a-diversified-portfolio
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    Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio

    Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider. Welcome to Cointelegraph Market’s Altcoin Roundup, an in-depth newsletter that focuses on investing from the perspective of fundamental analysis and seeks to identify emerging blockchain projects and tokens that fill niche demands within the growing cryptocurrency market.The concept… More

  • thailand-to-target-defi-in-latest-regulatory-clampdown
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    Thailand to target DeFi in latest regulatory clampdown

    A new DeFi yield farming platform in Thailand has rattled regulators. In their latest effort to regulate the cryptocurrency industry, Thailand’s financial regulators have turned their sights towards decentralized finance, or DeFi.According to a June 1 report from Bangkok Post, Thailand’s Securities and Exchange Commission (SEC) has announced that any activities related to DeFi may… More

  • chinese-btc-miners-equivalent-to-quebec’s-output-on-the-move:-slush-pool

    Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool

    According to Edward Evenson, who works for Bitcoin miners Slush Pool, Chinese BTC mining machines are on the move. Edward Evenson, head of business development at Slush Pool owner Braiins, reports that a large number of Chinese BTC mining machines equivalent to Quebec’s entire output will be moving to North America and Europe. For those… More

  • defi-growth-helps-push-crypto’s-share-of-the-global-money-supply-above-2%
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    DeFi growth helps push crypto’s share of the global money supply above 2%

    The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption. This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced… More

  • do-46-million-americans-really-own-crypto?

    Do 46 million Americans really own crypto?

    Newsweek published an article claiming 46 million Americans own Bitcoin, but where did the figures come from? Crypto social media was abuzz after Newsweek published the article headlined “46 Million Americans Now Own Bitcoin, As Crypto Goes Mainstream” on May 11. The impressive figure was re-posted by notable Bitcoiners including MicroStrategy CEO Michael Saylor who… More

  • reeling-from-post-hack-price-slump,-easyfi-reveals-community-compensation-plan
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    Reeling from post-hack price slump, Easyfi reveals community compensation plan

    Stablecoins, IOU tokens, and future incentive programs are coming down the pipe for jilted investors. After a devastating hack, a cross-chain decentralized finance (DeFi) protocol has revealed today a temporary compensation plan for token holders and investors impacted by one of the largest exploits in DeFi history. In a Tweet today, EasyFi announced their “Interim Compensation… More

  • what is an ico?

    What is An Initial Coin Offering (ICO)?

    Introduction If you have been following the news and content in the field of cryptocurrencies in some way or are active in this field, you have probably heard or are familiar with the term initial coin offering (ICO). In the field of cryptocurrencies, developers and idea makers in this field can provide funding for their […] More

  • australian-senate-committee-calls-for-national-blockchain-land-registry

    Australian senate committee calls for national blockchain land registry

    Australia’s senate committee on technology and finance wants lawmakers to establish a national blockchain land registry. An Australian senate committee has published a report calling for a blockchain-based national land registry, better clarity over laws relating to smart contracts, and continued efforts to establish international standards for DLT.The Select Committee on Australia as a Technology… More

  • top-chinese-banks-promote-cbdc-over-local-payment-firms-for-shopping-festival

    Top Chinese banks promote CBDC over local payment firms for shopping festival

    Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China. Some of China’s largest state banks are actively promoting the digital yuan as a superior means of payment to the country’s two leading payment providers, Alipay and WeChat Pay.In an April 26 report, Reuters revealed that… More

  • first-digital-trust-announces-$2.15m-funding-for-asian-digital-payments-service

    First Digital Trust announces $2.15M funding for Asian digital payments service

    The funding will be used to develop debit and credit card payment rails in Asia. Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region.The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding round led by private investors including… More

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